Retailers report sales declines for September as shoppers worry about jobs, tight creditOctober 8th, 2009 Retailers report September sales declinesNEW YORK — Early September reports from retailers show weak sales as shoppers cut back on fall clothing purchases amid worries about jobs and tight credit. As stores announce their results, Thursday, teen retailers Wet Seal Inc.
Toys R Us will open 350 'Holiday Express' pop-up shops in malls and Babies R Us storesSeptember 14th, 2009 Toys R Us amps up for holidays with more storesNEW YORK — Toys R Us plans to open nearly 350 pop-up stores in malls and inside Babies R Us stores by early October to drive sales during the crucial holiday season. It is the first time the company has opened a significant amount of such stores for its busiest season.
Collective Brands 2nd-quarter profit more than doubles but misses Wall Street expectationsSeptember 2nd, 2009 Collective Brands reports higher 2Q profitsCollective Brands Inc. on Wednesday reported much higher second-quarter profits but still missed Wall Street expectations as diminished consumer spending hurt the shoe retailer and wholesaler.
20 Sears toys will offer toys on Saturday from Hasbro, Mattel and other toy makersAugust 12th, 2009 Sears to offer toys in 20 storesHOFFMAN ESTATES, Ill. — Sears Holdings Corp., the retail chain lead by chairman and hedge fund financier Eddie Lampert, said Wednesday it will begin to offer toys in 20 of its Sears stores starting Saturday.
Bashas' announces 14 stores to close; company says closings part of bankruptcy filingAugust 10th, 2009 Bashas' announces 14 store closingsCHANDLER, Ariz. —Bashas' food stores said it plans to ask permission from a judge to close 14 underperforming stores as part of its Chapter 11 bankruptcy filing.
Analysts see business growth for Skechers in new shoe lines, shares riseAugust 10th, 2009 Skechers shares up, analysts see room for growthPORTLAND, Ore. —Shares of footwear maker Skechers USA Inc.
Grocery chain Bashas' files for Chapter 11 reorganization, will close 10 Arizona storesJuly 14th, 2009 Arizona's Bashas' seeks Chapter 11 reorganizationPHOENIX — Stung by the national credit crisis and slowing growth in Arizona, the Bashas' grocery chain said Monday that it has filed for Chapter 11 protection in U.S. Bankruptcy Court.
Deere says it's prepared to expand farm, forestry and construction operations in RussiaJuly 6th, 2009 Deere says it's prepared to expand in RussiaMOLINE, Ill. — Deere & Co.
Shoe flung at PM in Ahmedabad, lands shortApril 26th, 2009 AHMEDABAD - An unidentified man flung a shoe at Prime Minister Manmohan Singh during an election rally in Ahmedabad Sunday, but the missile landed well short of the podium from where he was speaking. The prime minister stopped momentarily during his speech at Tagore Hall in Paldi locality as one of his Special Protection Group (SPG) personnel ran towards the spot where the shoe had landed.
Now shoe hits Amul adApril 25th, 2009 NEW DELHI - Known for its newsy catchphrases, milk cooperative Amul has now trained its sight on the infamous shoe episode. An Amul billboard in Delhi says, "Just shoe it", and has a caricature of Home Minister P.
How to beat the shoe missileApril 21st, 2009 NEW DELHI - Fear of the shoe is stalking Indian politicians and many of them aren't taking any chances. While Gujarat Chief Minister Narendra Modi was seen with a net in front of a dais in Ahmedabad, his Uttar Pradesh counterpart Mayawati has increased the distance between herself and the press while speaking to reporters.
The Body Shop cuts costs, plans expansion to tap growing marketMarch 10th, 2009 NEW DELHI - With the $950-million Indian cosmetics market expected to grow 15-20 percent annually despite the slowdown, Britain-based personal care products retailer The Body Shop has drawn up a fresh strategy, including aggressive discounts and opening of new stores, to tap the market. The company, a 100-percent subsidiary of French cosmetics giant L'oreal, has already cut prices of its products by 20-30 percent even as it plans to add new Indian cities to its footprint in India - a market which has emerged among top priorities for the group.
Bata ignores slowdown, to add 40 stores by March-endFebruary 17th, 2009 NEW DELHI - Even as the retail trade industry in India faces one of its worst crises in recent years, Bata India, one of the country's largest footwear chains, plans to open 40 new stores across the country by March 31. 'These new stores will be based on the international format of Bata stores and will have an average size of 3,000 square feet,' the company said in a statement, making it clear that the outlets will not be small.
Harvey Nichols to open stores in Nottingham, KuwaitJanuary 27th, 2009 LONDON - UK-based luxury fashion retailer Harvey Nichols plans to expand its business and open new stores in Nottingham and Kuwait. 'There is almost no one with wealth who has not been affected by the economic situation.
Kanye West, Louis Vuitton join handsJanuary 23rd, 2009 LONDON - American rapper and Grammy award winner Kanye West has now turned into a designer as the hip-hop star has collaborated with fashion giant Louis Vuitton (LV) to come out with his collection. Out of the five styles he has created for the iconic brand, one of his shoe was showcased at the Paris Fashion Week here Thursday, reports people.com.
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