Conn’s names former Sears exec as new chief - USA
10/09/2015 - 08:43
Texas – Conn’s Inc. named a new CEO as part of a planned succession, and announced it beat Wall Street expectations for profit in the second quarter.
Retail potential on African continent confirmed
09/09/2015 - 10:36
AT Kearney’s second African Retail Development Index reconfirmed the continent’s retail potential. Gabon (#1), Botswana (#2), and Angola (#3) in particular provide retailers with diverse options for retail expansion, while South Africa (#6) still remains attractive.
REIT pushes Sears into black - USA
21/08/2015 - 09:12
Illinois — A one-time gain of $2.7 billion from the creation of its publicly traded Seritage Growth Properties real estate investment trust (REIT) pushed Sears Holdings Corp, into the black for the first time since 2012.
Shoprite hits profit estimates
18/08/2015 - 11:08
Johannesburg - South African grocer Shoprite Holdings, Africa's biggest retailer, met its profit estimates with a 10.8 percent rise in full-year earnings on Tuesday as it stole market share in its food business from rivals.
Spanish retailers offer new smartphone payment - Spain
23/07/2015 - 14:10
Madrid – Spanish retail chains including department store retailer El Corte Ingles and supermarket retailer BonPreu are leveraging a new smartphone-based payment solution.