Global retail giant Wal-Mart said it will have no problem if it does not get to use its moniker on retail store signages in India. Vice-chairman Michael T Duke, who met reporters here today, pointed out that the company, which earns over $90 billion of annual revenues from international markets “operates under no fewer […] ↓ Read the rest of this entry…
LONDON: Britain’s largest retailer, Debenhams, has announced plans to expand its presence in the Indian market in order to achieve its target of more than doubling international sales over the next four years. The company which opened its first Indian store in October 2007 in Gurgaon with partner Planet Retail, will set up another two […] ↓ Read the rest of this entry…
Marks & Spencer has distributed almost one million “discount vouchers” in an attempt to boost sales ahead of next month’s trading update. The retailer is repeating a “families and friends” promotion it ran for the first time last February. More than 70,000 staff have been sent a dozen vouchers, offering 20pc off clothing, food and […] ↓ Read the rest of this entry…
In a trading statement which was brought forward from July 3, Debenhams said like-for-like sales rose 1 per cent in the ten week period since April 15. Gross transaction value for the 42 weeks to 21 June 2008 was 1.3 per cent higher than the same period last year. Although like-for-like sales were down by […] ↓ Read the rest of this entry…
Bahrain’s biggest and brightest new shopping destination has announced which retail stores are set to trade first when it opens its doors. Bahrain City Centre, due to open in September, will have its first major anchor stores including Debenhams, H&M, Virgin, Carrefour and Freedom Furniture trade from day one. The mall’s General Manager, Derek Rossel, […] ↓ Read the rest of this entry…
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