Meijer opens supercentre in Sturgis, Michigan
US-based big-box store chain Meijer has opened its new supercentre in Sturgis, Michigan, as part of a $400m investment plan…
All articles by Umesh Ellichipuram
Umesh Ellichipuram
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UK department store chain BHS to close 163 outlets
The 88-year-old UK department store chain British Home Stores (BHS) is set to close all its stores, leaving 11,000 jobs…
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SoftBank to sell $7.9bn worth of shares in Alibaba
SoftBank plans to sell its $7.9bn stake in Chinese online retailer Alibaba.This transaction will help the Japanese company to reduce…
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Tiffany resigns from International AntiCounterfeiting Coalition
Tiffany & Co is the latest brand to resign from the US-based International AntiCounterfeiting Coalition (IACC) after the group admitted…
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Pensions Regulator was informed of BHS sale, says Sir Philip Green
UK businessman Sir Philip Green has rejected a claim by Pensions Regulator chief executive Leslie Titcomb that she had learnt…
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H&M to open sixth outlet in India
Swedish fashion retailer H&M is set to open an outlet in Mohali, a city in northern part of India. This…
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Abercrombie & Fitch to expand in Middle East
US-based fashion retailer Abercrombie & Fitch intends to open stores in Saudi Arabia, Qatar, Bahrain and Oman via a franchise…
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H&M to open first store in Puerto Rico
Fashion brand H&M has announced its plan to open its first store in Puerto Rico next month. To be located…
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GUESS to open flagship store in Moscow
Clothing retailer GUESS is set to open its flagship store at Europeisky Mall in Moscow, Russia.Close to the city centre…
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Metro Retail Stores to invest $319m to double store count
Philippines-based Metro Retail Stores Group has plans to invest PHP15bn ($319m) to double its store count over the next five…