Japanese resaler 2nd Street USA, a subsidiary of GEO Holdings, has opened its third store in the US. The Costa Mesa store joins two others in Southern California, the first on Melrose and the second in Pasadena.
The New York-based company announced on Friday that Executive Chairman Peter Cuneo will be taking over as interim CEO following the exit of John Haugh, who has stepped down from his roles as president and CEO.
Footwear chain Bristol will be closing 20 of its 270 stores in the Netherlands and Belgium, and will lay off about 60 employees, backtracking on expansion plans the CEO has now described as a ploy for media attention.
Prince Harry and Meghan Markle’s wedding was expected to send retail spending soaring by £195 million, but, independent fashion and apparel stores suffered a 24% decline in sales on Saturday, according to new research.
Jack Wills is the latest name to sign on for Intu's £180m Watford mall extension with plans for a 5,000 sq ft store at the centre that is expected to become a top 20 UK retail destination when it opens this autumn.
Amazon is bolstering its UK fulfilment capabilities with the creation of a new centre in Rugby. The site will create 400 new permanent jobs, and join three further fulfilment centres in the pipeline for 2018.