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John Gapper
Google and Apple’s app stores are cash machines
...When Apple launched the first app store for the iPhone 15 years ago, it created a new kind of retail outlet for software, not only virtual but much more profitable than a supermarket....
December 15, 2023
Chinese business & finance
Chinese retailer Miniso’s shares plunge after short-seller report
...Blue Orca alleged that a claim by Miniso that it operated a network of independent retail outlets was false and that it had found 620 stores that were owned by executives or people close to the group’s chair...
July 27, 2022
FT Live
Future of Retail
Securing long-term business growth with technology innovation
Tuesday, 17 SeptemberLondon, UK
Didi Chuxing
Didi blocks employees from selling shares indefinitely
...Chinese media outlet LatePost first reported the extension of the lock-up period for Didi employees. Additional reporting by Eli Meixler in Hong Kong...
December 28, 2021
VK LLC
Gazprom takes majority stake in Russia’s biggest social media site
...In September, Apple and Google’s app stores dropped a tactical voting app made by supporters of the jailed opposition leader Alexei Navalny ahead of parliamentary elections, after coming under pressure from...
December 3, 2021
House & Home
Merry Kitschmas: welcome to the cult of Christmas villages
...“It’s the Tannenbaum Christmas Shoppe,” he says. “I even know the number: 35845.”...
December 19, 2020
Ascena Retail Group Inc
Ann Taylor owner to close 1,600 stores after bankruptcy filing
...The clothing company expanded aggressively in the following decade, buying up brands including the youthful Maurices, girls specialists Tween Brands and Justice, and plus-sized Charming Shoppes....
July 23, 2020
FT Live
Global Private Banking Awards 2024
Celebrating excellence in wealth management
Thursday, 7 NovemberThe Landmark London, London, UK
News in-depthUS race relations
Biden to visit Kenosha as town reels from days of violence
...The blazes consumed a music store, an employment office, a beauty supply shop and the Good Taste Ice Cream Shoppe....
September 3, 2020
News in-depthUS retail
US retailers teeter on the brink as 630,000 outlets close
...Almost 630,000 outlets in the US have been forced to close due to fears about Covid-19 and restrictions on movement to contain its spread, according to Coresight estimates seen by the Financial Times....
March 30, 2020
US retail
Neiman Marcus creditor eyes online business in bankruptcy fight
...It was Neiman Marcus Group Ltd LLC that filed for bankruptcy this week....
May 8, 2020
L Brands Inc
Victoria’s Secret warns on drop in the British pound
...While it has just 26 stores in the UK and Ireland compared with more than 1,000 Victoria’s Secret outlets in the US, it is a high street stalwart in several British cities....
September 11, 2019
US retail
US retailers quicken exit from malls as online shopping bites
...Within the past two weeks discount retailer Fred’s has warned it plans to close 129 outlets while fashion chain Charming Charlie filed for Chapter 11 bankruptcy protection....
July 21, 2019
US retail
Jeans maker Levi Strauss sets out pitch to investors
...The company, whose products are sold in more than 50,000 outlets, recently opened a 17,000 sq ft store in New York’s Times Square....
February 13, 2019
House & Home
A world of difference: how Christmas is celebrated around the globe
...But last year I saw queues — sometimes long ones — outside outlets as celebrants waited to pick up festive specials....
December 20, 2018
News in-depthUK retail industry
UK’s high-yield high street struggles under hefty debt load
...Chichester is a charming city in West Sussex, 70 miles south west of London....
March 17, 2018
US & Canadian companies
Yo! to buy Canada’s Bento in pan-Atlantic sushi deal
...Bento Sushi was founded in Toronto in 1996 by Canadian businessman Ken Valvur, operates across over 600 locations in Canada, while supplying sushi to a further 1700 stores and retailers....
November 20, 2017
FT Live
Business of Luxury Summit
Gathering leaders in luxury for the 20th year
Sunday, 19 MayVenice, Italy
News in-depthInvestments
Vinyl records turn the tables for collectors and investors
...Mr Burgess set up the Islington shop in 1997 and now has two other London outlets. He characterises the second-hand record market as “very buoyant”....
April 20, 2018
News in-depthRetail & Consumer industry
US grocers count the pennies as discounters wage price war
...Aldi has said it will spend $3.4bn to add 900 US outlets in the next five years and a further $1.6bn on renovating existing stores....
October 10, 2017
FT Magazine
The music industry according to super-producer Jimmy Iovine
...Then, with the music industry crumbling around his ears, Iovine found an alternative outlet for his energy, after a chance conversation at Dre’s Malibu house....
July 6, 2017
US & Canadian companies
Sports group Bass Pro buys rival Cabela’s for $5.5bn
...Analysts said the sporting and outdoor goods retailers that are most likely to survive are those that offer specialist products and services and can successfully integrate their physical outlets with online...
October 3, 2016
Technology sector
#techFT – Spotify caught in a rip tide
...Macworld mourns “the most gorgeous version of your Facebook News Feed combined with all your favorite news outlets”....
July 1, 2016
Personal & Household Goods
Daniel Loeb’s Third Point takes stake in Japan’s Seven & i
...Mr Loeb is calling on the management of Seven & i, which operates more than 18,000 7-Eleven outlets across Japan, to improve profitability and increase returns to shareholders by pruning underperforming...
October 27, 2015
Luxury goods
Brands cluster at London East End’s ‘Bond Street’
...Professor Christopher Moore, director of the British School of Fashion at Glasgow Caledonian University — located in nearby Fashion Street — says having an outlet in Redchurch Street shows that brands understand...
October 2, 2015
Retail sector
Debt-laden Neiman Marcus readies for IPO
...The company operates 41 of its namesake stores, which carry goods from Valentino, Tom Ford, Goyard, and Louis Vuitton, as well as two Bergdorf Goodman department stores in Manhattan and 42 Last Call outlets...
August 4, 2015
FT AlphavilleChris Nuttall
FT Opening Quote – Checkouts closing, Morrison profits 35% off!
...Yesterday, it confirmed healthy plans to sell 140 loss-making convenience stores for £25m in cash....
September 10, 2015
US & Canadian companies
Smashburger joins US grab for UK premium market
...“We would have three times as many stores in London itself if we could. But it’s just hand-to-hand combat to get great sites,” he says....
April 24, 2015

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