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...It plans to open 20 stores in Kyiv and some cities in the west of Ukraine. Inditex plans to reopen 50 of its 80-plus stores in the country, the company told the Financial Times....
...Family Dollar, which caters mainly to low-income urban customers, reported a 1.2 per cent decline in same-store sales during the fourth quarter....
...The retailer, known for its white musk range and body butters in the 1980s, has 198 sites in the UK and it employs more than 2,200 staff....
...Far from revealing the limitations of the department store business model, as claimed by Sam Jones (“Travails of luxury department stores reveal a story of decline”, Inside Business, February 2), the cases...
...It reported a decline in same-store sales of 4.8 per cent in the fourth quarter, after a decline of 2.7 per cent a year ago....
...Group revenue edged up 2 per cent to £9.7bn....
...Sales in petrol stations were up 3.2 per cent in March, household goods stores reported a 2.4 per cent expansion and sales at clothing stores rose 0.5 per cent....
...The retailer, which gained a cult following in the 1980s with products such as its white musk range and body butters, employs more than 2,200 staff....
...J Sainsbury, the UK’s second-largest supermarket chain, said it expected to deliver profit growth this year despite a drop in earnings for the year just ended as it seeks to lure more shoppers to its stores...
...The company said it expected same-store sales growth this year to be in the range of 2 per cent to 2.7 per cent, surpassing analysts’ expectations for a 1.4 per cent annual gain....
...KDDI already owns 2 per cent of Lawson and is offering to buy out other shareholders at a 16 per cent premium to Lawson’s closing share price on Tuesday....
...Tesco, the UK’s largest supermarket, expects profits to continue to rise this year as it lures more shoppers to its stores and consumer sentiment improves....
...ChaPanda, also known as Chabaidao, raised almost HK$2.6bn (US$331mn), with shares priced at HK$17.50....
...Its shares rose 2 per cent in early Tuesday trading....
...Economists polled by Reuters also forecast inflation to stand at about 2.2 per cent in each quarter until at least the end of next year....
...Net sales in the period were down 2 per cent to SKr5.4bn (€4.7bn) while revenue from March 1 to 25 was up 2 per cent in local currencies....
...Instead, inflation — which the IMF forecasts will drop from 6.8 per cent in 2023 to 5.2 per cent in 2024 — is likely to drive prices up again next year, albeit at a lower rate than years previous....
...It allows brands to have an online store that appears as “theirs” rather than listing solely on Amazon, where vendors have much less control....
...It is forecast to report a same-store sales decline as food inflation causes consumers to seek bargains at discount stores....
...Although the peak seems some way off, “if they want to continue this aggressive store opening plan they might be forced to take stores that don’t fit 100 per cent of their requirement”, said Lim....
...Otherwise, allies will become rightfully concerned about protectionism and xenophobia. 2....
...It dismissed a proposal by the two companies to divest several hundred stores as “inadequate”....
...Every few weeks, she spends as much as HK$2,000 (US$256) in Sam’s Club, an American membership warehouse chain, in Zhuhai. “Things are much cheaper than Hong Kong,” said Leung, in her 40s....
...Some 2,000 people — largely workers and union representatives joined by local politicians — protested near the company’s headquarters on Sunday....
...Launched in 2021, it is the debut title from Dream Games, a Turkish start-up valued at $2.75bn early last year....
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