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Gap Inc posts 47 pc drop in Q1, to shut down 75 stores

On Thursday, Gap Inc. announced that it was shutting down 75 Old Navy and Banana Republic stores, and redirect focus...

Hugo Boss to trim store count as profits fall

German fashion retailer, Hugo Boss AG, has reported the biggest decline in quarterly profit in the last six years. The...

Carrefour to Exit India; To Close Five Stores

French retailer Carrefour plans to exit India by closing five of its stores in the country, according to a leading...

Carrefour to Exit India; To Close Five Stores

French retailer Carrefour plans to exit India by closing five of its stores in the country, according to a leading...

FDI Logjam: What’s in Store?

The retail industry was ecstatic when the government announced liberalization of the fdi regime in november. However, things quickly ground...

As stores close doors, consumers open wallets on internet

A FRESH wave of fashion store closures has underlined how Australia's $300 billion retail sector is being drained by internet...

Chain retailers ‘closing 20 stores a day’

The gravity of the high street downturn is spelled out in new research published on Friday which shows UK retail...

Losses double at Starbucks as chain closes five stores

THE costs associated with the closure of more than 20pc of its Irish stores contributed to pre-tax losses at the...

A&P to close 25 stores

The Great Atlantic & Pacific Tea Company (A&P) has announced that it will close 25 stores in five states as...

Future Group plans 900 KB’s Fair Price and 350 Big Bazaar stores

Future Group is planning to open about 850 to 900 KB’s Fair Price shops. The locations have yet not been...

Latest News

India’s gems, jewellery exports dip 13.44% in June to Rs 15,939.77 cr: GJEPC

The total gems and jewellery exports stood at Rs 18,413.88 crore ($2,240.77 million) during June 2023 Mumbai: India's overall gems...