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H&M to close more stores, open less on "weak" Q4

2017-12-15 10:55:00| Daily apparel & textile news and comment - from just-style.com

Hennes & Mauritz (H&M) said it is to close more stores after sales development in the fourth quarter was "significantly below" its expectations.

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Gap to close 200 stores and shift focus to value

2017-09-07 12:23:00| Daily apparel & textile news and comment - from just-style.com

Apparel retailer Gap Inc is to close 200 underperforming Gap and Banana Republic stores over the next three years as it looks to invest in other areas of the business to drive growth and capitalise on the value segment that shoppers are veering towards.

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Sears Canada to axe 2,900 jobs, close stores amid restructure

2017-06-23 13:50:00| Daily apparel & textile news and comment - from just-style.com

Department store retailer Sears Canada is to axe around 2,900 jobs and shutter 59 stores as part of a court-supervised restructuring of the business.

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N Brown to close stores despite positive Q1 performance

2017-06-20 11:44:00| Daily apparel & textile news and comment - from just-style.com

Online, catalogue and stores retailer N Brown Group has booked what it says was a good performance in the first quarter and reaffirmed its full-year outlook - but warned on an uncertain outlook as it revealed five stores are to close.

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As Anchor Stores Close, Co-tenancy Clauses Can Still Cause More Problems

2016-09-20 09:00:00| National Real Estate Investor

Co-tenancy clauses can allow in-line tenants to switch to either percentage rent or reduced rent when an anchor like Macys goes dark. read more

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