Debenhams chain of department stores will be liquidated The retailer decided the day after the bankruptcy of the primary tenant - the owner of Topshop brand.
Sephora will open 850 stores in Kohl’s department stores Sephora stores will open in department stores of about 115 square meters.
The owner of Topshop has filed a bankruptcy petition Even before the pandemic, the company experienced financial difficulties. A weak online presence and reliance on physical stores only aggravated the situation.
Three giant shopping malls will open in Dubai next year With a rental area of 418,000 square meters, Deira Mall will be the largest in the Middle East.
Black Friday has now moved to the Internet and broken all records While daily store attendance on Black Friday fell by 52%, online sales hit a new record.
Ascena sells Ann Taylor and LOFT for $540 million Ascena will transfer Ann Taylor, LOFT, Lou & Grey, and Lane Bryant brands to Premium Apparel.
Turkish billionaire sells the largest mall in Istanbul to Qatar for $1 billion Qatar’s sovereign wealth fund has reached an agreement to purchase the shopping and entertainment center, İstinye Park.
Traditional Macy’s parade deflated, but not giving in to the pandemic One of the oldest department store chains in the U.S. planned the Thanksgiving procession with the coronavirus in mind.
Debenhams on the verge of closing 60 stores and dismissing 12 thousand employees The British Debenhams network, which operates 124 department stores, is going through some bad times.
Apple is moving its free masterclasses and courses online Free master classes, the standard for Apple stores during the holiday period, are being held this year in an online format.
Westfield shopping malls open showrooms for online brands Shopping malls offer visitors an opportunity to interact with brands whose products are sold online only.
MINISO aggressively takes over the European market Chinese retailer, known for a vast number of fast opening stores, is actively exploring European markets.
