It was a big day for Bicester Village on Thursday with the Value Retail-owned outlet mall opening its long-awaited extension that sees it with 30 new stores, more dining options and an all-new VIP area.
American publisher Hearst announced that it will take over the Dutch branch of Gruner + Jahr Media. With the takeover all brands and activities of G+J will become part of Hearst and published by Hearst Netherlands.
A new Morgan Stanley study shows Amazon as a threat to both department stores and specialty retailers, with Amazon's new use of Nike and Lululemon's suppliers for its own private label sportswear a particular concern.
The collapse of Sears Canada, leaving vacant stores across the country, could actually boost profits for many mall owners who will be able to replace the retailer with tenants who can afford higher rents.
Debenhams is bringing a curated fashion and beauty offer to Australia with its first standalone stores there in a deal with Pepkor. It is opening smaller-format stores and offering plenty of exclusives.
Topshop and Topman are linking up with the hugely popular Netflix show Stranger Things for its second series with the fashion retailer entering a “360 relationship” that takes in fashion and entertainment in its stores.