JJB Sports has closed five of its Qube stores as turmoil for the struggling chain continues to mount.
JJB Sports has closed five of its Qube stores as turmoil for the struggling chain continues to mount.
Poundland, the discount retailer, will open at least 35 new stores in 2009, creating 1,200 jobs, as it looks to profit from the economic downturn.
New Delhi: Italian travel items and lifestyle brand Piquadro, which had recently opened a store in the capital, mulls setting up 15 such showrooms by 2012-13, eyeing the Rs 800 crore Indian branded luggage market. The 40 million dollar company is seeking at tapping the corporate and fashion gifts market and has set up a […] ↓ Read the rest of this entry…
French retail giant Carrefour will cut the prices of selected goods at its 125 outlets in China from Friday through Feb. 9 to boost sales amid the global financial crisis. The prices of rice, cooking oil, candy, wine, food, festival gifts and other commodities, will be slashed by 20 to 30 percent, said Li Jia, […] ↓ Read the rest of this entry…
TOKYO (AFP) – Japan’s Nissin Foods, the inventor of instant noodles, said it would spend nearly 300 million dollars on entering Russia, where it eyes a growing market for its fast food meals. Nissin Foods Holdings Co., known for its flagship Cup Noodle products, said it planned to buy around a one-third stake in Russia’s […] ↓ Read the rest of this entry…
As part of its first overseas move, Japan-based consumer electronics retailer Yamada Denki plans to open its maiden outlet abroad in China. The proposed plan will materialise by the end of 2009. The cooling real estate prices embarked the retailer to re-think its earlier plan of exploring the overseas market in the second half of […] ↓ Read the rest of this entry…
Australian discount footwear chain Shoobiz will close its 43 stores over the next few months, putting the jobs of 220 workers in doubt. Shoobiz, established in 1983, is owned by Figgins Holdings, which owns the Midas, Mollini, Shoobiz, Scooter, Florsheim, Emporio and Evelyn Miles brands. Shoobiz is the chain’s cheapest brand. Figgins says the closures […] ↓ Read the rest of this entry…
BOCA RATON, Fla.–(BUSINESS WIRE)–New Shopping Format Allows Customers To Experience Wide Assortment of Sharpie Products, Mix and Match Colors Office Depot, a leading global provider of office products and services, and Sharpie, one of the world’s most recognized brands of permanent markers, have announced a new in-store shopping concept called Try and Buy at Office […] ↓ Read the rest of this entry…
A new supermarket has been built that uses half as much fuel as similarly-sized buildings built in the past. The new Tesco in Cheetham Hill, Manchester, has a combined heat and power plant which runs on sustainably sourced natural fuel, which contributes to the store using 48 per cent less fuel than one built in […] ↓ Read the rest of this entry…
Fast-food chain Pizza Hut will rebrand several stores to launch its home-delivery pasta service this year, as the chain seeks to cash in on the fast food industry’s downturn-fuelled mini-boom. Pizza Hut, which is owned by United States food giant Yum! Restaurants International, is launching its new “Pasta Hut” brand in order to promote the […] ↓ Read the rest of this entry…
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