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Sears closes 80 more stores amid reports of last-minute bid

2019-01-02 15:43:00| Daily apparel & textile news and comment - from just-style.com

Edward Lampert, chairman of Sears Holdings has thrown another lifeline to the troubled department store retailer in the form of a $4.4bn bid to keep the business afloat.

Tags: reports stores bid closes

 

Holiday Shoppers Flock to Dollar Stores

2018-12-21 13:42:00| Happi Breaking News

NPD finds that bargain retailers are big this season.

Tags: stores holiday dollar shoppers

 
 

Laura Ashley to close 40 UK stores amid a push into China

2018-12-17 03:16:56| BBC News | Business | UK Edition

Laura Ashley, owned by Malayan United Industries (MUI), has already closed some 40 stores since 2015.

Tags: into close china stores

 

Ascena Retail sees Q1 profit dip on fewer stores

2018-12-11 12:20:00| Daily apparel & textile news and comment - from just-style.com

US women's wear retailer Ascena Retail Group has reported a slight dip in earnings and sales for the first quarter on the back of fewer stores as part of an ongoing optimisation programme and increased expenses.

Tags: stores retail profit fewer

 

Gerry Weber to close 230 stores as FY earnings plummet

2018-12-10 13:27:00| Daily apparel & textile news and comment - from just-style.com

Struggling German fashion retailer Gerry Weber has announced it will close 230 stores and cut its workforce, warning it expects a "significant loss" in earnings for the full year fuelled by restructuring costs, depreciation and write-downs.

Tags: close stores earnings weber

 

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