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Business Events Store Openings

  • FRAMINGHAM, Mass.— In a story Feb. 22 about the expansion plans of the company that owns T.J. Maxx and Marshalls, The Associated Press reported erroneously that TJX Cos. plans to open the first two of its new home stores later this year. T.J. Maxx parent steps up expansion, plans new home chain. The parent company of T.J. Maxx and Marshalls plans to expand even faster and...

  • TJX Cos. said Wednesday it will add 1,800 stores for a global total of 5,600 over the long term. It now has more than 3,800 stores with annual sales of $33.1 billion, compared to just under 2,800 stores with $21.9 billion in sales six years ago. Traditional department stores like Macy's are testing the off-price concept as they look to bolster sales, but they're also...

  • READING, Pa.— Albert Boscov was the ebullient public face of a department store chain he built from a single corner store in downtown Reading to a regional powerhouse with dozens of locations in seven states and more than $1 billion in annual sales. The retailer's footprint is expanding— albeit slowly— at a time when major national competitors like Macy's are...

  • NEW YORK, Feb 13- Mick McGuire, founder of activist hedge fund Marcato Capital Management, told CNBC on Monday that Deckers Outdoor Corp had erred by investing significantly in physical retail stores. McGuire, whose fund reported a 6 percent stake in Deckers on Feb. 8, told the cable television network that the maker of UGG boots and apparel and Teva sandals had...

  • FRANKFURT, Feb 8- Adyen, one of Europe's biggest fintech companies, reported an 80 percent jump in 2016 payment transaction volumes to $90 billion powered by some of the world's biggest online players and expansion in Asia and the Americas. More than 1,400 stores in Europe and the United States now use its point-of-sale systems, with clients including fashion...

  • A deal would add another retailer to Hudson Bay's expanding portfolio, which includes Saks Fifth Avenue and Lord& Taylor in the United States, as well as Galeria Kaufhof in Europe. Cincinnati, Ohio- based Macy's has around 900 stores in the U.S., which includes its Bloomingdale's outlets and its flagship store in New York City's Herald Square.

  • NEW YORK, Jan 30- Commodities brokerage OTC Global Holdings said on Monday it had opened a new office in Singapore as it seeks to expand its market share in the Asian market, a growing part of the global commodity trade. OTCGH, the world's largest independent institutional broker of commodities, covers financial and physical instruments from its offices in...

  • LONDON, Nov 24- Britain's biggest pizza delivery firm Domino's Pizza plans to increase its presence across the UK to 1,600 stores after seeing a strong performance from new outlets and a positive market outlook, it said on Thursday. Outside the UK, Domino's has also identified opportunities for a total of 400 stores, excluding its German joint venture, up from...

  • *3rd- qtr adj. profit $0.81/ shr vs. est. Dollar-stores such as Dollar Tree and Dollar General Corp have been expanding aggressively in recent years, taking market share from Wal-Mart Stores Inc and other retailers, thanks to their smaller store sizes, improving product assortment and prices starting at $1.00. "We believe that these results demonstrate the Family...

  • Dollar-stores such as Dollar Tree and Dollar General Corp have been expanding aggressively in recent years, taking market share from Wal-Mart Stores Inc and other retailers, thanks to their smaller store sizes, improving product assortment and prices starting at $1.00. "We believe that these results demonstrate the Family Dollar acquisition is paying...

  • SAO PAULO, Sept 23- Raia Drogasil SA, Brazil's biggest drugstore chain, will sit out expected consolidation of the national market, the company's chief executive said in an interview, because its own rapidly expanding network is proving increasingly efficient. CVS Health Corp entered Brazil with an acquisition in 2013 and two sources told Reuters this month...

  • Sept 15- U.S. discount retailer Dollar General Corp said it plans to hire 10,000 employees by mid-October, boosting its headcount by nearly 9 pct to support its expansion efforts as it looks to protect its turf amid fierce competition. Dollar General operates more than 13,000 stores in the United States and has laid out plans to open 900 stores this year and about...

  • Kanye West performs during Kanye West Yeezy Season 3 on February 11, 2016 in New York City.

    Kanye West fans can buy a taste of "The Life of Pablo" this weekend following the rapper-turned-fashion mogul's announcement of 21 pop-up stores.

  • World Trade Center site in the Manhattan borough of New York

    Fifteen years after 9/11 the downtown has completely transformed, but is there enough demand for a huge retail complex?

  • Amazon bookstore may open in New York City

    The online retailer plans to open a physical bookstore at New York City's Hudson Yards, according to a report.

  • Whole Foods stock gaining on bullish Barron's article

    The published report says shares of the grocery chain could return 20-percent over the next year.

  • Swisher: Zuckerberg's a learning organisim

    Kara Swisher, Recode Executive Editor, discusses Facebook as a top hedge fund pick, Mark Zuckerberg's meeting with conservatives, the bidding for Yahoo, Apple's new retail store design and Swisher's selfie with Kim Kardashian.

  • Apple unveiling new store design in San Francisco

    The revamped store features trees, an area for live music and a giant 6K screen, powered by 100-percent renewable energy.

  • MCD

    The fast food chain plans to open more restaurants in China, South Korea and Hong Kong.

  • Starbuck's pumpkin spiced latte.

    Starbucks said it aims to open 500 stores in China this year, shrugging off a slowdown in the world's second-largest economy.