Retailer Furshet has announced it will launch a discount format Narodny (National) in reaction to the difficult economic climate in Ukraine.
Narodny outlets will each comprise 43,000 sq ft to 64,000 sq ft and offer about 16,000 product lines.
Marks Spencer has launched 46 websites in new overseas markets, bringing the number of international countries in which it operates as a pureplay to just over 100.
BP has poached Boots executive Tracey Clements to lead its European convenience business.
Asics executive Gary Raucher tells Retail Week how the Japanese brand is going back to its roots in a bid to outrun rivals like Nike and Adidas in the fiercely competitive sportswear market
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.
Site powered by Webvision Cloud