A report says the retailer’s lone store in the city has generated $10.3 million in sales tax revenue
VMSD and ST Media Group wish the world health, peace, comfort and a new beginning as we break for the holiday. See you next week.
Will increase store count by just 475 in 2009, a response to a drop in 1Q profits
Country’s economy is considered among the strongest in South America
Chairman and ceo receives new employment agreement; current pact would have expired at the end of the year
Demand is slumping for 16-year-old’s goods; she’ll concentrate on her successful Russian business
Mall developer receives two-month forbearance for $900 million mortgage payment but can’t act without lenders’ consent
Smaller format will reduce costs, make expansion possible
Rebuts erroneous research report that another 150 closings are planned
Retailer to open 12 outlet stores next year in premium centers
Retailer to occupy 90,000 square feet across Oak Street
Grupo Gigante sells share for $42.4 million; U.S. consumer electronics retailer will own and operate the 186-unit chain by itself
Warehouse club’s president will add ceo to her title
Christopher Hufnagel worked at Under Armour, Gap and Abercrombie & Fitch
Central bank says it will also print more money to stimulate the economy and consumer spending
But smaller retailer said it will still pursue merger options and increase its shareholder position
Retailer will also cut 2009 capital spending in half after precipitous 3Q profit drop
Weak Japanese luxury market caused ambitious Ginza project to be dropped
James Ziemer grew up next to the company’s original factory location
Retailers win joint auction bid for $6.25 million