North America – Page 8
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NewsIkea group sales jump as it prepares to enter India and Serbia
Ikea has hailed a year of “solid growth” as the furniture giant prepares to launch a bricks-and-mortar presence in two new markets.
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NewsGap sales and profits decline as global restructure begins
Fashion retailer Gap has reported falling profits and sales in its second quarter, as it began to “execute restructuring plans”.
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OpinionOpinion: Dollar Shave Club deal shows shape of retail to come
This holiday period is often called the ’silly season’. But recent deals show that making M&A hay in the summertime can be anything but silly.
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AnalysisAnalysis: Will UK department stores follow Macy’s lead and shut stores?
Macy’s decision to shutter 100 of its shops across the US created shockwaves last week, despite its recent poor financial performance.
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NewsSteinhoff to buy America's biggest bedding retailer Mattress Firm
South African retail giant Steinhoff has agreed to acquire America’s biggest bedding retailer, adding 3,500 stores to its worldwide network.
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GalleryStore of the week: Sonos makes us feel at home in New York's SoHo
Luxury audio brand Sonos has created a home-from-home to entice customers who like their creature comforts as much as their music. John Ryan, our Englishman in New York, looks around.
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NewsInternational interest in UK retailers spikes as online searches soar
British retailers have remained at “the cutting edge” of global retail after online searches by international shoppers for UK brands soared.
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NewsWalgreens Boots Alliance profits jump as US sales drive growth
Walgreens Boots Alliance’s profits soared in its third quarter but international sales were impacted by currency exchange rates.
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NewsMacy’s sales fall as retailer issues profit warning
Macy’s has issued a profit warning after its sales dropped in the first quarter because of falling tourist numbers and discounter competition.
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NewsAmazon shuts down flash-Sale site MyHabit to focus on fashion
Amazon is to close member-based flash-Sale site MyHabit to simplify its offer and become a global destination for fashion.
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GalleryStore of the week: Sephora unveils a vision of the future in San Francisco
It’s been a while since beauty specialist Sephora appeared in the UK, and then disappeared, but in the interim it has flourished elsewhere.
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NewsDollarama unveils new boss as full-year sales and profits surge
Canadian discount retailer Dollarama has reported surging full-year sales and profits as it unveiled its new chief executive.
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AnalysisAnalysis: Macy’s fights back in the face of department store headwinds
Macy’s is tackling the mounting pressures of department store retailing head on by embarking on an ambitious transformation.
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NewsTK Maxx parent TJX reports profits and sales up over full year
TK Maxx owner TJX has posted rising sales and profits over its full year as the US retailer “gains market share around the world”.
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AnalysisAnalysis: Walmart's US momentum can be replicated overseas
Walmart described its fourth quarter performance as “solid”, reflecting its momentum in the US, while overseas provided more of a headache.
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NewsMountain Warehouse to ramp up US expansion ahead of £200m IPO
Mountain Warehouse is poised to accelerate its US expansion as boss Mark Neale bids to grow its overseas presence to “half of the business”.
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NewsRappi app lets users shop for groceries by swiping smartphone screens
A start-up in Colombia has launched a smartphone app that allows users to shop for groceries by swiping their fingers across a screen.
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NewsFast-track entry into New York Fashion Week shows with Apple Watch
New York Fashion Week attendees will be able to bypass queues using a digital check-in app created by GPS Radar for the Apple Watch.
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AnalysisOpinion: Landlords need vision to attract retail's star performers
The key to a thriving prime retail destination is a visionary approach and securing ‘stars’ from the international premium and food sectors.
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GalleryStore gallery: Taking a megabyte out of the Big Apple's in-store technology
The in-store technology on offer in New York ensures that retail in the Big Apple looks more engaging than it has done for some time