Property groups in retail asset swap
August 24, 2004 10:26 amLand Securities adds to retail holdings Property group Land Securities, one of the driving forces behind the Bullring, has added to its UK retail holdings with... View Article
General Merchandise News
Toys R Us sees profit despite sales fall
August 23, 2004 6:10 pmInternational business boosts performance Toys R Us has reported a second quarter profit despite continuing problems in its core US toys business. The company, which is... View Article
Wal-Mart lowers August forecasts
August 23, 2004 5:49 pmHurricane closures hit sales performance Wal-Mart has lowered its sales forecast for August after a tough week for its US operations. The world’s biggest retailer is... View Article
Burberry barred by bars
August 21, 2004 2:51 pmBarracuda aims to deter problem customers Fashion brands including Burberry and Aquascutum have been banned from two pubs in Leicester operated by Barracuda Group. Customers wearing... View Article
Gap steps up store closures
August 20, 2004 8:56 pmClothing retailer hit by sales slowdown Gap plans to close more stores than originally planned this year after seeing flat same-store sales in the three months... View Article
Wal-Mart confirms Daiei interest
August 20, 2004 8:22 pmRetail giant offers lifeline to Japanese retailer Wal-Mart has confirmed its interest in putting together a rescue package that would see it take a stake in... View Article
European recovery as Claire’s profits jump
August 20, 2004 10:27 amTurnaround underway at accessories retailer Claire’s Stores has reported record second-quarter profits as it benefits from continuing strong sales in its US stores and a turnaround... View Article
Amazon buys Chinese rival
August 19, 2004 8:01 pmOnline retail giant acquires Joyo.com Amazon.com is making an entry into the Chinese market with a $75m deal to acquire rival online retailer Joyo.com. The company... View Article
Wal-Mart offers rescue package to Japanese supermarket
August 19, 2004 3:55 pmTurnaround proposal for Daiei Wal-Mart hopes to increase its presence in the Japanese market through a rescue package for underperforming supermarket chain Daiei. Reports in Japan... View Article
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