The new store will be located in Braga, Portugal, marking the company’s first location outside Israel.
The company launched the Peace & Water collection, coinciding with the opening of the new PS Reserve space.
The investment will include €906m in new funds and €377m from a previous investment.
The improved profits are attributed to improved gross margin and cost efficiencies.
Woolworths will use the Next-Gen Retail Tech Platform to optimise design, merchandising, and sourcing.
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The company plans to lease back the assets under lease agreements with Barzel.
The company’s operating profit increased to £0.63m during 2022.
The retailer will open its first locations in Arkansas, Alabama and New York.
The investment firm will focus on providing greater value and convenience to Seiyu’s customers across Japan.
Miny is a lifestyle brand launched by Tokmanni in February 2022.