Gap to shut all Banana Republic shops in the UK

Clothes retailer to close eight stores after a year and a half of falling sales but says it will keep online service for British customers  Sales of the Banana Republic and Gap brands have been falling for some time, with comparable sales at Banana Republic stores down 9% last quarter, its sixth straight quarter of... Continue Reading →

WH Smith grows full year profits by 8%

WH Smith has increased its full year pre-tax profit by 8% to £131 million following a strong performance from its travel business. In the year 31 August, group like-for-like sales edged up 1% with total group sales rising by 3% to £1.212 billion. The group’s travel business, which includes stores at airports and train stations,... Continue Reading →

Starbucks to launch delivery service in China

Starbucks China plans to complete the establishment of its coffee delivery service within the 2017 financial year so consumers will be able to enjoy delivered Starbucks coffee within 20 minutes of an order placement. Starbucks may authorise its delivery service to Baidu Takeaway, the food ordering site affiliated with China’s main search engine. However, no... Continue Reading →

Africa’s first mega mall in Menlyn Park

Johannesburg - The R2.5 billion invested in the expansion of the Menlyn Park Shopping Mall by majority owner Pareto is expected to result in a further R5bn being invested in shop fittings and other activities, as well as thousands of new permanent job opportunities. Marius Muller, the chief executive Pareto Asset Management, said the rule... Continue Reading →

SPAR International expands into Albania

SPAR has opened its first food stores in Albania through a partnership with Balfin Group. The two hypermarkets in Tirana East Gate and in the QTU shopping centre span 7,200 and 3,800 square metres respectively. Balfin Group is the largest private company operating in Albania. The company entered into food retail in 2005 with the... Continue Reading →

” Hamleys” opens in China

Heritage British toy brand and retailer Hamleys has opened a new flagship store in China. Situated in Xinjiekou Sanpower Plaza in Nianjing, the store - dubbed "super Hamleys" - opened last weekend on National Chinese Day (October 1) and spans four floors and 7000sq m. Its famous range of teddy bears will be stocked alongside... Continue Reading →

Jack Wolfskin debuts at Liverpool ONE

Jack Wolfskin, the German outdoor clothing and equipment brand, has opened a new store on Liverpool ONE's Paradise Street. The 3,000 square foot space stocks the full range of Jack Wolfskin clothing and accessories for men, women and children. The opening of the store coincides with the launch of a new brand campaign by Jack... Continue Reading →

Mothercare launches new brand proposition

Mothercare has launched a new brand proposition called 'Welcome to the Club' as it looks to build a business with a community at its heart. The retailer said ‘Welcome to the Club’ underpins the Mothercare brand proposition which aims to connect new parents and build supportive networks for them. These include in-store new mother meet-ups,... Continue Reading →

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