Retail

Pakistan’s retail market shows surprising growth

KARACHI: Pakistan’s burgeoning youth and their freewheeling attitude toward rising incomes have turned the nation into the world’s fastest growing retail market. Faseeh Mangi wrote in Bloomberg website, the market is predicted to expand 8.2 percent per annum through 2016-2021 as disposable income has doubled since 2010, according to research group Euromonitor International. The size of the middle class is ...

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Elizabeth Arden rolls out China travel retail campaign

Elizabeth Arden kicked off a China travel retail campaign, partnering with China duty free retail operators CDFG, Sunrise Duty Free, CNSC and Zhuhai Duty Free. The campaign links social media and online activations to the airport retail stores, driving footfall and purchase intent. To bring the campaign to life, Elizabeth Arden has partnered with Chinese fashion and beauty blogger and ...

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Church buys former retail property on Sand Lake Road

Discovery Church, which has three locations in the Orlando area already, has bought a former retail property at 1001 Sand Lake Road. According to Orange County records, the church paid $8 million for the former Carraba’s restaurant and shopping center. It sits on about 26 acres. ( A previous version of this story reported incorrect information about the acreage.) Discovery ...

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Why popular retail chains have avoided Long Island

Some of the nation’s largest and popular retailers have avoided coming to Long Island because of its competitive marketplace, expensive real estate and administrative red tape. Two big names in the mid-Atlantic region, grocery giant Wegmans and convenience chain Wawa, have yet to put roots on the Island, even though they are expanding nearby. Rochester, New York-based Wegmans, which ...

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Pine Street Promenade hotel project downsized in Paso Robles

A project once envisioned as a premier social hub in Paso Robles’ downtown core is shifting gears to become a smaller development. The Pine Street Promenade planned for the southeast corner of 10th and Pine streets on the old Hayward Lumber site originally called for a 189,331-square-foot project that was to include a hotel, public market and performing arts center. ...

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Firms compete to open new shops at Atlanta airport

Sixteen companies are competing for contracts to open new shops at Hartsfield-Jackson International in a massive revamp of retail outlets at the world’s busiest airport. City officials aim to choose winners and finalize contracts before the end of the year — and before Atlanta Mayor Kasim Reed’s term ends in January. The companies are competing for more than 80 retail ...

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The Disney Store Undertakes An Retail Reset

Share Tweet Share Share Share Print Email Can Disney build the happiest stores on Earth? That is the question the Walt Disney Company is looking to answer as it sets on its first major redesign of its retail spaces in a little under a decade, according to recent Reuters reports. The newly designed Disney experience will include interactive activities for ...

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Sterling falls for a fourth day; retail data due

LONDON (Reuters) – Sterling fell for a fourth straight day on Wednesday as a broad-based bounce in the dollar prompted profit taking before UK data, which will shed some light on the health of the retail sector. The British pound rallied nearly 7 percent earlier this month, to a 15-month high above $1.3650, on rising expectations the Bank of England ...

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Retail stores want to cash in on growing chew toy sales

Pet toy sales are showing some bite. Those chew toys for Fido and related goods have become the hottest sector in the toy business — posting annual growth rates in the mid-single digits while sales of children’s toys are shrinking, industry statistics show. In 2017, pet toy sales are expected to exceed $1 billion for the first time. The fast-paced ...

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