Tag
department stores
Stories tagged department stores.
Singapore Tourist Arrivals Surge 29% While Retail Sales Stay Flat
Tourist arrivals to Singapore averaged about 29% above second-quarter levels in July and August, but average monthly retail sales ran only 2.9% higher as shoppers on both sides of the market held back, CGS International said.
Harrods returns to profit but remains cautious about future
Harrods returned to profit for the year to late January, posting a pre-tax profit of £84.9 million after a loss the previous year, but the luxury retailer remains cautious about trading conditions.
Saks Global exits bankruptcy with streamlined stores and luxury focus
Saks Global has emerged from bankruptcy with a reduced store footprint and a renewed emphasis on high-end luxury to drive a sales recovery.