Sears cuts 115 jobs
Sears is laying off 115 employees at its headquarters and other corporate support locations to reduce expenses in the face…
All articles by admin-demo
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Waitrose brings market cheer with 2000 new jobs in UK
Waitrose is creating close to 2, 000 jobs in new stores as well as existing ones, ending the first month…
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Clothing retailer BHS up for sale
Arcadia Group's high street chain BHS has been put up for sale by the owner Sir Philip Green after posting…
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Obama’s proposals for retail industry welcomed by NRF
American president Barrack Obama's proposals for the retail industry in his State of the Union address has been welcomed by…
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Britain’s retail crime sees an increase of 18%; its highest since 2004
Britain's retail industry lost £603m to crime in fiscal 2013-14, an increase of 18% compared to the £511m fleecing the…
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Austin Reed opts for CVA, needs shot in the arm
The 114-year-old company, Austin Reed Group, will soon be closing down 31 outlets along with shareholders giving them a £3m…
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Target bids good-bye to Canada
Target Corporation is shutting shop in Canada by closing all of its 133 stores after just two years of operations,…
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99 Cents Only Stores levied penalty of $2.36m for trashing
In a San Joaquin Superior Court judgement on Tuesday, Los Angeles-based discount retailer 99 Cents Only Stores was levied a…
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Coach to acquire Stuart Weitzman soon
As per an inside source, Coach Inc., an accessories retailer, has almost finalised a $600m agreement to acquire Stuart Weitzman…
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Fifth consecutive month rise for Greek retail sales
The volume of Greek retail sales climbed for the fifth consecutive month in October 2014, with a rise of 3.7%…