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Aeropostale to launch in Thailand and Egypt
Aeropostale Inc. ARO, +16.66% the mall-based apparel retailer, said it signed two licensing agreements that will launch new stores in Thailand and Egypt. The deal with Robinson Department Store Public Company will open about 40 standalone and store-within-a-store locations in Thailand over the next five years. The first store will open in the Robinson Department... Continue Reading →
Egypt’s richest man snaps up 6% stake in Adidas
Egyptian billionaire Nassef Sawiris has raised his stake in Adidas to 6 percent, making him the biggest shareholder in the German sportswear retailer. A statement from the Stuttgart bourse said one of Sawiris’ investment vehicles, NNS Holding, now owns 4.3 percent in Adidas, while Sawiris himself holds a direct 1.7 percent stake, according to reports... Continue Reading →
The worlds 50 greatest leaders 2015
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Wishing all our readers and followers a Happy New Year
All the best for 2015
Insights: Top 10 retail predictions for 2015
Framingham, Mass. -- By 2017, three times as many retailers as now will explicitly underpin their customer and operations strategies on 3rd platform technologies. That’s one of IDC Retail Insights’ top 10 worldwide retail predictions for 2015. IDC revealed the predictions during a Web conference, IDC FutureScape: Worldwide Retail Agenda 2015 Predictions. The top 10... Continue Reading →
International Retail Franchising Summit, March 11th 2015, Olympia London
more information click here
The ‘best-performing’ retail CEOs in the world
While retail can get swept up in the newest cross-channel strategy and payment technologies, it’s a company’s long-term vision that ultimately determines longevity in this sometimes volatile sector. Harvard Business Review recently released its annual list of the 100 best-performing CEOs in the world, assessing the heads of companies in the S&P Global 1200 by... Continue Reading →
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Selfridges was named ‘Best Department Store in the World’
New York -- The United Kingdom’s Selfridges was named ‘Best Department Store in the World’ for the third consecutive time by the Intercontinental Group of Department Stores (IGDS). The award was given at the group’s Global Department Store Summit, which was held last week. The event is held every other year. Selfridges was in competition... Continue Reading →
Retail news is now available on flipboard …
Retail news is now available on flipboard ...please follow us for the latest retail news
Retail news is now available on flipboard …
Retail news is now available on flipboard ...please follow us for the latest retail news
Toys “R” Us opens big and wide in Cairo
Toys “R” Us has opened its flagship store in Egypt at the just opened Cairo Festival City. With this, the Al-Futtaim group company now has four stores in Egypt and 17 across the region. “The new store will offer a unique and unrivalled toy shopping experience for kids and parents,” said Sam Ghori, general manager... Continue Reading →
UAE’s Al Futtaim opens new shopping mall in Cairo
UAE-based conglomerate Al Futtaim Group has announced the official opening of its Cairo Festival City Mall project. Cairo Festival City is a 3 million sq m development by Al-Futtaim Group Real Estate (AFGRE), a unit of Al-Futtaim Group. Al-Futtaim vice chairman Omar Al Futtaim said that when fully complete the mall will offer more than... Continue Reading →
Cairo super mall to open after years of delay
Cairo Festival City Mall, a 168,000-square metre shopping centre, is set to finally open its doors for the first time today as a wave of new super malls is expected to hit the troubled Egyptian market. The long awaited mall, developed by Al-Futtaim Group Real Estate Egypt, part of the Dubai-based Al-Futtaim Group, had originally... Continue Reading →