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Home » Archives by category » Business » Retail
H&M Opens First Store in Serbia
Swedish retail giant, H&M, is set to open a new store in Serbia this Autumn. The popular family clothing brand will open doors to a new retail unit in Belgrade.…
Apple Sells 2 Million iPhones in China on First Weekend of Launch
Apple have sold 2 million iPhones in China just three days after the December 14th launch. Tim Cook, Apple’s CEO, said of the sales figures: “Customer response to iPhone 5…
US Retailers Prepare For Thanksgiving Sales
US retailers are preparing for the biggest weekend in the American shopping calendar. Black Friday, Thanksgiving & Cyber Monday will see the majority of the year’s purchases fly through merchants’…
Ebay Second Quarter Revenue $3.4 Billion
Ebay has reported second quarter revenue of $3.4 billion – up 23% on the same period in 2011. The results were partly driven by as 13% increase in the number…
Fourth Quarter Accounts for 80% of Toys “R” Us Revenue
Vornado Realty Trust, which owns a 32.7% stake in Toys “R” Us, has announced that it will take a £32.2 million loss from its shareholding for the quarter ending 31st…
Gap Opens Banana Republic Store in Paris, France
Gap has opened a flagship Banana Republic store in Paris, France. The 1,482 square meters of retail space is located on the infamous Avenue des Champs Élysées. Two floors of neoclassical…
Retail Outlets Brace for Black Friday
The United States’ tradition of sales the day after Thanksgiving will see thousands of shoppers flocks to stores on 25th November 2011. It is hoped that heavy discounting and special…
H&M To Carry New David Beckham Bodywear Range
H&M will carry a new range of bodywear by David Beckham following a deal signed to distribute the collection through 1800 stores in 40 countries from 14th February 2012. Beckham…
California Pizza Kitchen Opens Restaurant in Mumbai, India
California Pizza Kitchen has opened a third restaurant in India, providing American-style pizzas, salads and pastas to the Infiniti Mall in the suburb of Malad, North of Mumbai. The mall…
Saks Fifth Avenue to Open in Kazakhstan
Saks Fifth Avenue will open a store in Almaty, Kazakhstan, in August 2012, it has been announced. 91,000 square feet will be devoted to the well known USdepartment store brand alongisde…
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