Footasylum to open a flagship store in central London The 20,000-square-foot store will be open to customers in the second half of this year.
The Athlete’s Foot opens a concept store in Atlanta The Athlete's Foot announced the opening a new concept store in downtown Atlanta, Georgia.
Two Nordstrom stores in San Francisco set to close amid challenging retail landscape The market dynamics in downtown San Francisco have changed dramatically over the past few years.
Aldi eyes major expansion in the U.S. with plans to open 120 new stores in 2023 German grocery discounter Aldi remains one of the fastest-growing chains in the U.S. market.
IKEA will open new store formats The furniture giant continues implementing its strategy to surpass the classic "big blue boxes".
Gap is cutting costs: 1,800 employees will be laid off By cutting 1,800 employees, the company expects to save up to $300 million a year.
McArthurGlen opens luxury designer outlet in Paris McArthurGlen Designer Outlet Paris-Giverny is the company's fourth designer outlet in France.
Luxury brands flock to China: 40% of all stores open in the country China continues to be the leading market for luxury brands.
Iconic Tiffany & Co. flagship store reopens after renovation New York City opened its renovated Tiffany & Co. flagship store at East 57th Street and Fifth Avenue in Manhattan.
Gap to lay off 500 employees in a cost-cutting move The company aims to improve business efficiency and return to profitability.
McDonald’s Q1 earnings soar to $1.8 billion, beating expectations McDonald's quarterly revenue rose to $5.9 billion from $5.67 billion a year earlier.