By Planet Retail2011-02-11T00:00:00+00:00
Consumer electronics retailer Yamada Denki said sales soared 11.5% to¥1.66trn (£12.2bn) in the nine months to December 31.
Operating profit increased by 77.7% to ¥97.6bn (£720m), while net profit rocketed 75.6% to ¥61.9bn (£456m).
After the government unveiled its post-Brexit, points-based immigration system yesterday, Retail Week finds that many trade bodies and retailers have been left blindsided and scrambling to understand the wider implications.
US-based fast-fashion retailer Forever 21 has been bought out of bankruptcy by three buyers with international ambitions for the brand.
Walmart is closing its personal shopping service after failing to find investors for the struggling operation.
The coronavirus outbreak has sparked fears and headlines worldwide since emerging in the Chinese city of Wuhan at the start of the year.
Several retailers have pledged money to the appeal to support those fighting the devastating bushfires in Australia.
It might be assumed that the ceiling has been reached for online FMCG sales, but that assumption falls wide of the mark.
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