US off-price department store chain TJX Companies has acquired a 25% ownership stake in Russia-based low-cost apparel and home fashions retailer Familia for $225m.
20 November 2019 News
27 September 2019 Comment
The Swedish furniture leader has thrived on the Chinese market for over 20 years, with the market accounting for 6% of company revenue in 2017.
3 September 2019 News
Italian luxury furniture brand Giorgetti is set to enter the UK market with the opening of its first store in London.
22 August 2019 News
British textile design company Laura Ashley has seen total group sales drop by 9.6% and recorded a statutory loss before tax of £14.3m in its full-year results ending 30 June...
31 July 2019 Comment
The ongoing decline in Homebase’s purchaser share indicates it is still struggling to attract shoppers, despite investments in improving in-store services and product availability.
24 July 2019 News
American retailer Bealls has partnered with technology major Oracle to implement new retail technologies to continue its digital transformation plans.
23 July 2019 Comment
Beyond the high costs associated with international expansion, which significantly backfired on Eve Sleep, investing in marketing to establish and maintain brand awareness has been a significant burden on these...
17 July 2019 News
Swedish home furnishing retailer Ikea has announced plans to close its manufacturing plant in Danville, Virginia, US.
5 July 2019 News
US luxury retailer Gump's San Francisco has announced it will re-open under new leadership after its closure in December last year.