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Beales to close more than half of its stores

2020-02-07 18:49:14| BBC News | Business | UK Edition

Efforts to sell all 23 stores together have failed, administrators KPMG said.

Tags: close half stores

 

Potential stores closures looming at John Lewis?

2020-02-07 14:15:00| Daily apparel & textile news and comment - from just-style.com

The John Lewis Partnership's new chairman Sharon White has warned of possible job losses and store closures during what she says marks the "most challenging period" in its 156-year history.

Tags: john stores potential lewis

 
 

60% of VF Corp China stores closed due to coronavirus

2020-02-07 13:50:00| Daily apparel & textile news and comment - from just-style.com

US apparel giant VF Corp says about 60% of its owned and partner stores in China have been temporarily closed due to efforts to mitigate the spread of coronavirus - but notes it is not yet possible to gauge the impact on its supply chain.

Tags: to due china stores

 

Macys Will Be Closing 125 Stores. How Bad Is This News for the Regional Mall Sector?

2020-02-05 21:29:00| National Real Estate Investor

We spoke with Barbara Byrne Denham, senior economist with Moodys Analytics REIS, about the potential impact of the closings.

Tags: the news bad stores

 

Macy's to slash 2,000 corporate roles, close 125 stores

2020-02-05 13:15:00| Daily apparel & textile news and comment - from just-style.com

US department store retailer Macy's, Inc is to close about 125 of its least productive stores and slash 9% of its corporate and support function headcount  - roughly 2,000 positions - as part of an updated strategy and three-year plan.

Tags: close stores corporate roles

 

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