By Planet Retail2012-09-28T07:00:00+01:00
Construction has begun on a new luxury mall that will bring Nordstrom and Saks Fifth Avenue to the US territory for the first time.
The Mall of San Juan is being built near the main international airport and represents a $405m (£250m) private investment.
The overall store vacancy rate across the UK increased in the second quarter of 2021 despite the lifting of coronavirus restrictions as retailers continued to struggle with the ongoing uncertainty.
Retail store staff have not been included in the government’s list of key workers who will become exempt from coronavirus self-isolation rules.
Arts and crafts specialist The Works has reported that it is well positioned for the future after navigating the challenges of the pandemic.
With both Tesco and Superdry pulling out of international ventures on the same day, Retail Week asks whether UK retail is scaling back its global ambitions.
The coronavirus crisis will wipe $2.1trn (£1.7trn) off of global retail sales in 2020, new data has predicted.
The coronavirus outbreak has sparked fears and headlines worldwide since emerging in the Chinese city of Wuhan at the start of the year.
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