Swedish furniture retailer IKEA plans to invest about 90 million euros (£81.19 million) in building its first store in Slovenia, which is due to start in the near future, IKEA said in a statement on Tuesday.
Pop-up mall, Lil’ Amsterdam celebrated its official opening at Amstel Passage, Central Station, on September 7. The new shopping destination houses local fashion brands, cultural attractions and a restaurant.
This Tuesday, the Justice Minister of Bangladesh sentenced the owner of the Rana Plaza, where one of the worst industrial accidents in history took place in 2013, to three years in prison for corruption.
The Laura Ashley headlines may have screamed 70% profits plunge but the news wasn't truly as bad as that. And with a renewed focus on fashion, expansion in India and e-tail growth, it's upbeat, despite big challenges.
JD.com Inc, China's second-largest e-commerce firm, posted a wider net loss in the second quarter as marketing costs offset higher-than-forecast revenue growth, sending its shares sharply lower on Monday.
J.C. Penney Co Inc's stock hit a life-low as major store closures and a challenging retail scene drove the embattled department store chain to a bigger-than-expected quarterly loss and took a toll on comparable sales.