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HBC to sell Gilt and shutter stores as Q1 loss widens

2018-06-06 11:23:00| Daily apparel & textile news and comment - from just-style.com

Hudson's Bay Company (HBC) has widened its loss in the first quarter amid an announcement by the Canadian retailer that it is to offload its online shopping and lifestyle website Gilt and shutter up to ten of its Lord & Taylor stores - including its flagship on New York's Fifth Avenue.

Tags: sell stores loss gilt

 

Why we no longer love department stores

2018-06-06 01:51:09| BBC News | Business | UK Edition

Chains such as Debenhams and House of Fraser are finding it harder and harder to attract customers.

Tags: love department stores longer

 
 

Mothercare stores to close as rescue plan backed

2018-06-01 16:19:14| BBC News | Business | UK Edition

Creditors back the retailer's restructuring plan, which will lead to the closure of 50 stores.

Tags: plan close stores rescue

 

Starbucks shuts 8,000 US stores for race training

2018-05-29 21:13:44| BBC News | Business | UK Edition

The coffee chain closes all 8,000 cafes in the US for an afternoon of "racial bias" training.

Tags: stores training race starbucks

 

Dixons Carphone to close 92 stores as profits slide

2018-05-29 18:31:29| BBC News | Business | UK Edition

Shares in the retailer sink almost 21% as it announces closures and says profits will fall sharply this year.

Tags: close stores slide profits

 

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