GENERAL MERCHANDISE NEWS
Wednesday snapshot: other news in brief
11 February, 2015 | by Retail Bulletin
Other latest news in brief on Apple, Nike and Bank…
Apple has become the first company to reach a market value of $700 billion. The news comes as Apple announced an $850m investment to build a 1,300-acre solar-power farm in California to cut its energy bills. The new facility will provide renewable energy for Apple’s new campus, other offices and retail stores in the state.
Nike is preparing to open its first women’s-only store in the UK according to reports. The sportswear brand will open the shop on London’s King’s Road in May.
The collapsed Bank fashion chain is to close 20 stores across the UK in the coming weeks as adminstrators at Deloitte continue to seek a buyer for the business.
