Toronto—The private equity firm that owns both Lord and Taylor and Fortunoff department stores has acquired a Canadian retail company, setting the stage to expand its operations in that market. According to SCT Newswire, NRDC Equity Partners paid a total of about $1.1 billion to obtain total control over Canadian retail conglomerate Hudson’s Bay. NRDC […] ↓ Read the rest of this entry…
Falabella S.A.C.I., a Latin American retailer with more than 200 supermarkets, department stores and home improvement stores throughout the region, plans to install a new point-of-sale in more than 1,700 POS lanes in its Supermarket Division in Chile and Peru as part of its push for state-of-the-art technology throughout its operations. The retailer will install […] ↓ Read the rest of this entry…
Clothing retailers scored only 2.69 per cent, supermarkets polled 6.10 per cent, local convenience stores received 6.48 per cent backing from consumers, while department stores got the highest score of any retail business type with 9.72 per cent left satisfied.
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