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store-closure

Companies 3 months ago

IKEA to close stores in China amid strategy shift

The stores earmarked for closure include one in suburban Shanghai, another in Guangzhou, and several more in second-tier Chinese cities such as Nantong, Xuzhou and Harbin, IKEA said in the statement posted to its official WeChat account.

World 6 years ago

Italy shuts stores across country to fight virus

Italy on Wednesday shut all stores except for pharmacies and food shops in a desperate bid to halt the spread of a coronavirus that has killed 827 in the the country in just over two weeks.

Business 6 years ago

Apple closes China stores until Feb 9 due to virus

Apple announced on Saturday the closure of its stores, corporate offices and contact centres in mainland China until February 9 due to the new coronavirus epidemic.

Lifestyle 7 years ago

Bad Victoria's Secret Christmas means more store closings ahead

Things have gotten so bad at Victoria’s Secret that its parent company is tightening the purse strings, including shuttering dozens of underperforming locations.

Business 7 years ago

When retail giants surrender to smaller stores

Large department stores seem to be starting 2019 under gloomy prospects after closing several of their outlets in the first month of the year.

Lifestyle 7 years ago

US fashion label Henri Bendel to close after 123 years

Upscale US fashion label Henri Bendel -- known in recent years for its luxury handbags and shoes -- will shut down in January after 123 years in business, parent company L Brands has announced.

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