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...This year it is likely to close more stores than it opens in numbers, but to open more in terms of revenue. It had 4,369 stores at the end of November, down from 5,076 in 2019....
...its own servers to Google’s cloud services, the FT reported this week, while stock exchange groups such as Nasdaq and the London Stock Exchange Group are also using Big Tech companies’ cloud platforms to store...
...Cools’ concept is part of a wider, Parisian-led trend. Residential-style fashion stores have grown in the past decade as retailers have placed focus on the consumer experience....
...OK, we are not a mom-and-pop shop, but we visit the stores often and get to know our customer — it’s what makes our work engaging.”...
...But even when they do, I wonder whether big luxury stores — where the selection of items is always more meagre than the brands’ own boutiques and more expensive than the internet — will really rebound....
...La Maison du Chocolat, launched by Robert Linxe on Rue du Faubourg Saint-Honoré in 1977 and pivotal in establishing a global demand for premium chocolates made in France, started a trend for boutiques modelled...
...the prospect of losing its footing in the US, the platform’s largest market globally, after the approval of a bill that would force TikTok’s Chinese owner ByteDance to either sell the app or face an app store...
...H&M, which trades on a forward price earnings multiple of 15.9 times compared to Inditex on 22.1 times, is slower than rivals to respond to trends....
...The boutique wine store is much smaller than some of the other venues on this list, but it is finely curated, with a focus on small producers from lesser-known regions, and the staff are impressively knowledgeable...
...“But this trend for reading novels is a way to stop time....
...But Ikea and Lego, in subtly shifting their strategies on what a store can be, have been able to buck gloomy trends in their industries....
...Multibrand retail will take a hit The end of 2023 has been an especially difficult period for department stores, independent boutiques and other multibrand retailers, with many of them struggling under...
...Peers are expanding their network rapidly, with rival Mixue hitting 36,000 stores....
...In the UK, Heather Gramston, senior head of buying at London boutique Browns, says the brand has had an overall “long positive trend” in terms of sales and commends its products for staying outside trend...
...But according to analysts, watches will remain resilient as a store of value....
...However, the trend does not show any sign of abating....
...Amid the recent collapse of British retail institutions, from department-store chains Debenhams and House of Fraser to luxury retailer Matchesfashion, the idea that a fashion boutique could welcome a million...
...I don’t have glitter in my shop at any other time of year,” says Amanda Brooks, founder of Cotswolds lifestyle boutique Cutter Brooks....
...Matches employed 533 staff across its head office and three stores in London and primarily sells its goods online in 170 countries....
...Messika opened its first boutique in 2013, in Paris. This year’s launches include stores in St Mark’s Square, Venice, and Sydney — its first boutique in Australia....
...Peer Icicle has grown to over 270 stores in China. Others, like Chinese outerwear brand Bosideng, have made progress in shifting upmarket to a more premium customer....
...In the UK, Boots same-store retail sales increased 5.9 per cent in the quarter, while pharmacy sales ticked up 1.7 per cent....
...For Ascha Pedersen, who offers a curation of silver-coloured midcentury and art deco pieces through her online store Pouf Copenhagen, the allure of such metals “lies not only in their timelessness but in...
...Although traffic at Target’s stores improved in the holiday quarter it still declined 1.7 per cent from a year ago, while the average transaction amount slid 2.8 per cent as shoppers sought out deals....
...At Tiffany & Co’s flagship store in London, a sales assistant demonstrates how the case of a watch from the HardWear collection can be removed from its chain-style strap, so the bracelet can be worn on its...
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