The French cosmetics chain, Sephora, is planning on opening 100 new stores each year over the next five years, in a bid to reach its target of a 10% increase in average turnover.
The Kingsway shopping center based in Newport in Wales has new owners, the same firm behind the redevelopment of Friars Walk, and is due to welcome a gym, with speculation of a large supermarket to become one of the tenants.
The decline in performance by online and high street stores since the worst part of the recession during 2008/2009 has offered new evidence that the economy is once again slowing down.
The Lotte Group, a retail giant based in South Korea, is set to open the nation’s biggest shopping mall, Lotte World Mall, in the Jamsil region of southern Seou.
