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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...
...“I never believed that ecommerce would have cancelled the need for retail stores . . . only ill-prepared analysts thought so because they ignore how consumer trends have evolved throughout history,” says...
...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 cycle used to be longer,” she says, “but has substantially accelerated because of social media” — which she notes now dictates trends rather than fashion magazines....
...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....
...Peers are expanding their network rapidly, with rival Mixue hitting 36,000 stores....
...“We’re using ingredients that might be sold at Paradise Stores [in the novel] to help us tell the story of all the different sex acts.” I nod, trying to stay focused....
...“It could be the start of a positive new trend.”...
...Strip away the glitz and the credit, and the luxury department store — once that great disruptive trailblazer of modern consumption — may be no more resilient to the trends ravaging the high street than...
...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...
...Ms Sarah Andelman who ran the very influential store, Colette, which was this incredibly influential Parisian boutique which ran between 1997 and 2017....
...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....
...“I am doubtful sometimes about some new wines that call themselves ‘natural’ . . . there will always be opportunists who want to make money out of a trend.”...
...Nor are we talking Friday Night at the Comedy Store....
...Something like TBIL may be more effective than funny tickers, but they still draw attention,” said Bryan Armour, director of passive strategies research, North America at Morningstar....
...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...
...According to analysts at RBC Capital Markets, there is “potential for DIY trends to be fairly resilient, helped by consumers looking to save money and to improve their homes”....
...to spend $960mn to boost computing power for generative AI (Nikkei Asia) Chinese flying taxi sector claims global lead thanks to regulatory support (FT) Apple removes WhatsApp and Threads from China store...
...Michelle Lam, greater China economist at Société Générale, said it was “likely” that the trend of Hong Kong residents spending in mainland China would accelerate given the attractive prices of goods in places...
...This trend will continue, albeit in different forms, no matter who wins the presidential election in November....
...Chanel, which has a higher concentration of wealthy customers than Burberry, has observed a similar trend....
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