for delivering fashion and style in a sophisticated shopping environment. This process is almost
complete but will inevitably require periodical updating and alignment with market needs and trends. Smartwear continues to be in demand and growth in this area is again being targeted.
Namibia: First stores open at Keetmans Mall
02/12/2013 - 09:49
Hundreds of shoppers flocked to the Keetmanshoop Old Mutual Retail Centre last month after Crazy Stores became the first outlet to open its doors to the public with Fashion Express and Exact following suit.
Target profit falls 46% on Canadian costs; trims full-year forecast
22/11/2013 - 10:20
Minneapolis -- Target Corp.'s third-quarter net income fell 47%, hurt by costs related to its Canadian expansion. Its adjusted profit beat analysts' estimates, but sales fell short. The retailer lowered its full-year adjusted earnings forecast.
Mr Price Home goes online
22/11/2013 - 09:01
Value fashion retailer, Mr Price has taken its homeware division, Mr Price Home online. Mr Price Apparel launched its online sales platform in South Africa in July 2012 and internationally in July 2013.
Survey: Shrink averages 1.5% of U.S. sales
13/11/2013 - 14:28
Thorofare, N.J. -- Shrink, comprised of shoplifting, employee or supplier fraud, organised retail crime and administrative errors, cost the retail industry more than $112 billion globally last year, and represented 1.4% of retail sales, on average, according to the 2012-2013 Global Retail Theft Barometer. In the United States, shrink came in at 1.5% of retail sales.
UK: Sluggish start, late surge, solid rather than bonanza, Planet Retail
04/11/2013 - 17:50
On Planet Retailâ€™s predictions for the UK retail market over Christmas 2013, Stephen Springham, Senior Retail Analyst at Planet Retail, commented: