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Store closures and bankruptcies weigh on Li & Fung FY
2019-03-21 12:14:00| Daily apparel & textile news and comment - from just-style.com
Sourcing giant Li & Fung says a rapidly changing retail landscape that saw record levels of store closures and customer bankruptcies took a toll on its last financial year, with core operating profit down by 20%.
Next's store sales and profits keep falling
2019-03-21 09:58:19| BBC News | Business | UK Edition
The retailer says online presents a long-term threat to its shops, but an opportunity for the whole group.
Tags: sales
store
falling
profits
M&S plans big store shift towards weekly food shop
2019-03-17 13:16:24| BBC News | Business | UK Edition
The retailer wants to target the weekly family shop, with more stores offering its full range of food.
No Relief for Retail Landlords as Store Closures Ramp Up Once Again
2019-03-14 09:29:48| National Real Estate Investor
From the Gap to Family Dollar, retailers are announcing hundreds of store closures, with no end in sight.
Spotify files complaint against Apple with EU over app store 'tax'
2019-03-13 14:33:00| Telecompaper Headlines
(Telecompaper) Spotify has filed a complaint against Apple with the European Commission, saying the company benefits from unfair competition on its App Store as Apple favours certain apps, namely its own, over others. Spotify founder and CEO Daniel Ek said Apple acts as "both a player and referee" and that it purposely limits choice, to the deliberate disadvantage of other app developers.
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