The U.S. - based discount
retailer says it plans on completing at least 37 additional supercentre projects by the end of next January, bringing the total number of Canadian locations to 388.
The electronic
retailer said it plans to «vigorously contest» the allegations, calling them «wrong and self - serving.»
The retailer says it plans to continue hiring throughout 2017 to keep up with the pace of growth.
The Chinese online
retailer says it plans to also open a research and development center with the Xi'an National Civil Aerospace Industrial Base to design and manufacture drones.
Not exact matches
Operators, however, criticized the
plan by Mrs. Kroes, a Dutch economist,
saying that the reduced
retail price caps on voice calling and new
retail price controls on data would discourage investment in faster mobile networks.
And bucking the trend in a
retail industry where many rivals are paring their store fleets, Walmart
said it
plans to open a few more stores: it expect to open fewer than 15 SuperCenters in the U.S. next year, a small uptick to be sure, but additional physical facilities to support its roughly $ 15 billion a year e-commerce business.
This has driven interest in acquisitions and joint ventures by big beverage companies like Starbucks, which acquired Atlanta - based tea
retailer Teavana in 2012, and Hain Celestial, which
says it
plans to complete multiple acquisitions of ready - to - drink beverage brands valued at $ 5 million to $ 20 million.
«They are a clear leader with disaster response and their strategic
planning during such times is better than any
retailer globally,» he
said.
The Smiths
say they
plan to continue to try and make more inroads into big - box
retailers, wholesale clubs like Costco and dollar stores, as those types of stores are consuming more of the grocery market.
The FT predicts that Facebook, with 250 million users, could be a huge
retail destination but is quick to
say that the site has «no current
plans to organise the storefronts into an online mall, or to make money from them by either taxing the transactions, or by offering its own virtual currency.»
On the customer side, Sears, which in May announced it will become the first national
retailer in Canada to ban the sale of incandescent and halogen lights,
plans to offer both CFLs and LEDs to its customers (Gray - Donald
says CFLs are still a good choice for some lighting options).
«We
plan to build 125,000 square feet of new
retail space, including a grocery store, pharmacy and additional community - facing
retail,» Facebook
said.
Citigroup Inc., the nation's fourth - largest bank,
said in March it
plans to prohibit
retail chains that are its customers from offering bump stocks or selling guns to anyone who hasn't passed a background check or is younger than 21.
«We
plan to leverage Parcel for last mile delivery to customers in New York City — including same - day delivery — for both general merchandise as well as fresh and frozen groceries from Walmart and Jet,» the company
said in a blog, referring also to e-commerce
retailer Jet.com which it bought last year for $ 3.3 billion.
Greg Portell, lead partner for consumer products and
retail at A.T. Kearney,
says deals in the media space are likely to pickup as firms seek content for future growth
plans.
Once the largest U.S. toy
retailer, Toys» R» Us abandoned a
plan to emerge from bankruptcy last month and
said it would try to maintain more profitable locations in...
Twenty - seven percent of all small - business owners
said they
plan to pull back on spending, versus 19 percent in the
retail trade, the lowest level of pullback among the five sectors for which there are enough respondents to split out sector - level results.
Winston Cheng of JD.com
says the online
retailer is growing beyond China with
plans for Vietnam, Indonesia and Thailand in the works.
«Some of the large
retailers who are big importers have been some of the most vocal opponents,» Rosenberg
said, noting they haven't been the only ones who have come out against the proposal, but also pointing to support the
plan has from companies such as Boeing, General Electric, and Johnson and Johnson.
LONDON, April 12 - Struggling British flooring
retailer Carpetright
said it would seek creditor approval for a restructuring
plan to close 92 of its stores and reduce rents at 113 of its sites.
The
retailer says it also
plans to open up to 25 Saks Off Fifth discount stores in Canada and is eyeing the possibility of starting a real estate investment trust.
Li Yuan, CEO of Selfsell, a start - up hoping to build a platform for
retail investors,
said he had to cancel a
planned ICO for last week, and return all pledged coins.
Atento is owned by Bain Capital. www.atento.com Michaels Companies Inc., an arts and crafts
retailer owned by Bain Capital and The Blackstone Group,
said that it
plans to list its shares on the Nasdaq under ticker symbol MIK.
The struggling
retailer, which has lost more than $ 10 billion in the last six years, also
said it may sell off 140 stores in a deal with the Pension Benefit Guaranty Corp to pay $ 407 million into its underfunded pension
plan.
The
retailer said it will provide more details on its strategic
plan during an investor day event Oct. 9.
For its part, Wal - Mart
plans to open 200 to 220 small - format stores in its new fiscal year; a Target spokeswoman
said the
retailer will open five TargetExpress locations in 2015, as well as one CityTarget.
High - end
retailer Nordstrom ended the summer
saying it
planned 20 percent fewer clearance days this year than a couple of years ago, with another 25 percent reduction next year, as it focused on service and «differentiated» products.
Once the largest U.S. toy
retailer, Toys «R» Us abandoned a
plan to emerge from bankruptcy last month and
said it would try to maintain more profitable locations in Europe and Asia as an on - going business while liquidating its U.S. and UK operations.
«The Whole Foods in - store inventory isn't currently online, so this would be a meaningful infrastructure enhancement, that likely signals Amazon has bigger
plans,»
said Jason Goldberg, senior vice president of
retail and commerce at digital marketing company SapientRazorfish.
That responsibility lies with other players in the distribution chain: wholesalers, third - party administrators and
retail retirement benefit
plan advisors, company executives
said.
Yanai
said he
plans to stay on in the role of Fast
Retailing president as the company is in the middle of international expansion.
Vista Outdoor
plans to stop selling firearms after some
retailers said they would halt sales of all its products following February's Florida high - school shooting.
It
said it would now not proceed with its
plan to spin off a 49 per cent interest in some of its Australian hotels and
retail property in to a real estate investment trust.
«The pace of new
retail development, including restaurants, will be very dynamic in the coming years as the underlying demographics of the South Shore area and East Austin change with 3,000 to 5,000 new residents in the projects already underway and
planned in the near future,» Grayco Partners founder and President Jeff Gray
said.
He
said the city has no formal
plan for the site but officials would be pleased to see some manufacturing remain there, particularly food manufacturing, perhaps with
retail shops, restaurants and office occupants as well.
Analysts
said the potential CVS / Aetna deal would help CVS incentivize Aetna's 23 million health
plan participants to use the CVS / Caremark mail order prescription system and shop at the pharmacy company's
retail stores.
ABU DHABI / DUBAI (Reuters)- Abu Dhabi National Oil Company (Adnoc) has picked a local bank and three foreign lenders as bookrunners for the
planned initial public offering of its
retail unit that could raise $ 1.5 billion to $ 2 billion, sources
said on Thursday.
Regarding the newly unveiled restructuring
plan, CEO Kevin Plank
said that Under Armour intends to increase its speed in getting products to market and expand the
retailer's digital capabilities.
However, the
retailer's top brass
said they didn't see enough evidence that the turnaround
plan was working, so they pulled the plug.
«If you acquired your
retail property in the past two years, you are in this situation where if you don't hit certain minimum rents, it can be to the detriment of your business
plan and the underlying mortgage,»
said one mortgage broker who asked to remain anonymous.
The
retailer also
said at that time that it would slow its store expansion
plans in favor of digital investments.
Stockland chief executive Mark Steinert this week
said the national population growth rate of 1.6 per cent would keep driving demand for new facilities, even though traditional
retailers were
planning fewer new stores than they were five or six years ago.
He is proud of how Ripple Foods has grown to work with major
retailers, including Target, Whole Foods Market and Meijer Inc. «We are in the process of launching into Kroger,» he
says, adding that the company's
plan for the next three years involves new products, including a line of Greek yogurts.
«Our vendors are looking to DPI to provide opportunities for sales growth, introduction of new items and joint
planning sessions with
retailers,» Jordan
says.
Zielinski
says RBG
plans to announce new data - driven tools before the end of the year that will provide value to
retailers and manufacturers.
CCA has
said it
plans to pass on in full the cost of the scheme, but Asahi Schweppes, Frucor and the major
retailers are still reviewing their options.
Logistics expert Nicola Ridges - Jones, managing director of Macintyre Scott Xtra (MSX) which provides bonded warehousing and logistics services for the drinks and travel
retail industries,
says it's all about
planning...
In a stern defence of the winemaker's strategy, Mr Clarke
said the company was offering fair terms to all of its
retail customers and, in a sign that his turnaround
plan was beginning to gain traction, trading so far this financial year had been strong.
However as of February 2018 the
retailer says it has no
plans to extend its scheme beyond tea until it has conducted a full review.
He
plans to spend up to $ 500 million building the baseball stadium (Cisco has agreed to a $ 120 million, 30 - year naming - rights deal), and while the economy has led Wolff to indefinitely delay the housing and
retail units, he
says the ultimate vision hasn't changed.