North American News
Fort Worth-based Pier 1 Imports to re-enter Web sales with site-to-store model
Pier 1 Imports Inc. will begin selling online again next year as the Fort Worth-based home furnishings retailer is confident enough to add a new venture following a three-year turnaround.
Syms Corp Reports First Quarter 2010 Financial Results
Syms Corp, the leading off-price retailer, announced results today for its first quarter ended May 29, 2010. For the first quarter ended May 29, 2010, the Company had a net loss of $0.8 million as compared to a net loss of $2.0 million for the first quarter ended May 30, 2009.
Grocery Chains Part of $202M, 7-State Development
Genuardi's, Acme Markets, Giant-Landover and King Soopers are among the supermarkets that will be a part of 13 new planned retail centers around the country for which financing was recently secured.
U.K. and Ireland News
Debenhams posts like-for-like sales fall and acquires 115 Faith concessions
Department store group Debenhams has bought the concessions business from beleaguered footwear chain Faith and reported a like-for-like sales fall of 0.4% for the 42 weeks to June 19.
European News
Slovenia's Mercator to buy stores from Pantomarket
Slovenia's largest food retailer Mercator said on Thursday it will buy a chain of 77 stores from Montenegro's Pantomarket, boosting its market share in the country to 20 percent from 4 percent.
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