Related Companies is three steps closer to reaching its goal of making the Hudson Yards’ development a luxury retail complement to New York’s Fifth Avenue.
Next has become the latest retailer to trial a store-in-store concept at the UK’s largest grocer Tesco. Earlier this week Next opened a 4300sq ft concession inside Tesco Extra in Surrey Quays, stocking a basic range of both menswear and womenswear
Michaels Companies topped estimates in its third quarter as back-to-school and Halloween sales helped drive growth both offline and online.
Albertsons Companies is the latest grocery retailer to embrace same-day delivery of online orders with a fast-growing start-up.
Lowe’s Companies got a boost from hurricane-related spending as the retailer topped Street estimates and delivered a strong performance in its third quarter.
Lowe’s Companies has appointed Richard D.
Gap’s UK losses have become worse amid falling sales and the closure of its local Banana Republic stores. According to accounts filed at Companies House, pre-tax losses for the US-based fashion retailer increased from £19.4 million to £20.2 million for the year to January 28. READ MORE: Gap announces further losses as Banana Republic winds down trading Meanwhile, total sales across the group slumped by almost 10 per cent from £306.7 million to £276.3 million, high street like-for-likes fell sharply by seven per cent.
Moda Operandi and Casper, along with other innovative companies, rounded out the startup edition of LinkedIn's Top Companies list.
Markdowns and digital investments have led to Fenwick taking a major hit in its full-year profits.
Asda has announced that its chief operating officer Roger Burnley will take the helm as president and chief executive in the new year.