Edition:
United Kingdom

Department Stores

Page 1

Senshukai announces result of early-retirement program

Friday, 1 Dec 2017

Dec 1(Reuters) - Senshukai Co Ltd <8165.T>:Says 134 employees took up the offer of the early-retirement program announced on Nov. 1.

H2O Retailing to transfer partial management business and affiliated company's shares to unit

Tuesday, 28 Nov 2017

Nov 28 (Reuters) - H2O Retailing Corp <8242.T>:Says it plans to transfer Hankyu Hanshin point and affiliated company's shares to unit Persona Co.,Ltd, with effective date on Feb. 1, 2018.Says Persona will transfer 500 shares of co's unit Izumiya Card Co Ltd to the co .

French supermarket retailer Carrefour to present strategy plan on Jan. 23

Tuesday, 14 Nov 2017

Nov 14 (Reuters) - Carrefour ::* Company to announce new strategy plan on Jan. 23..* Earlier this week, French retail giant Carrefour - under mounting pressure from traditional rivals as well as new competitors like Amazon - had sought to reassure investors that its plan to turn around its business was on track following a report of a delay. nL8N1NJ2SJ.* Shares in the world's second-biggest retailer fell nearly 2 percent on Monday after BFM Business radio said new CEO Alexandre Bompard was unlikely to unveil his revival plan before early 2018 instead of before end-2017 as previously announced..* The company is working on what is expected to be a far-reaching restructuring plan that some analysts estimate could involve one billion euros of cost cuts..* One reason for postponing the announcement was to avoid any labour trouble over the crucial Christmas period, BFM said..

Lotte Shopping to merge with Lotte Department Store Masan

Thursday, 9 Nov 2017

Nov 9 (Reuters) - Lotte Shopping Co Ltd <023530.KS> ::Says it will merge with Lotte Department Store Masan Co., Ltd, and merge ratio is 1:0 .Says merger effective date is Nov. 14.

Senshukai to offer early-retirement program

Wednesday, 1 Nov 2017

Nov 1 (Reuters) - Senshukai Co Ltd <8165.T>:Says it will offer an early-retirement program to employees, who are above 45 years old as of the end of December .Offering period from Nov. 2 to Nov. 20 .The company expects 50 employees to take the offer.Says the employees who take up the offer will retire on Feb. 28, 2018 .The company will provide retirement payment and outplacement support to the retiring employees.

Far Eastern Department Stores says dissolution and liquidation of Chengdu department unit

Friday, 27 Oct 2017

Oct 27 (Reuters) - Far Eastern Department Stores Ltd <2903.TW> ::Says dissolution and liquidation of Chengdu department unit .

Tokmanni Q3 ‍comparable EBIT down at EUR 12.7 mln ​

Wednesday, 25 Oct 2017

Oct 25 (Reuters) - TOKMANNI GROUP OYJ :Q3 REVENUE EUR ‍195.4​ MILLION VERSUS EUR 187.0 MILLION YEAR AGO.Q3 ‍COMPARABLE EBIT TOTALED EUR 12.7 MILLION (14.4)​.‍SHORT TERM OUTLOOK 2017​.‍SHORT TERM OUTLOOK UNCHANGED​.‍2017 GROUP PROFITABILITY (COMPARABLE EBITDA%) IS EXPECTED TO DECREASE FROM LAST YEAR'S LEVEL​.‍2017 REVENUE OF LIKE-FOR-LIKE STORES IS EXPECTED TO REMAIN AT LEVEL OF PREVIOUS YEAR​.

Detsky Mir Q3 group unaudited revenue up 19.8% Y-O-Y

Monday, 23 Oct 2017

Oct 23 (Reuters) - DETSKY MIR ::Q3 GROUP UNAUDITED REVENUE INCREASED BY 19.8% YEAR-ON-YEAR TO RUB 24.6 BLN‍​.Q3 ALTERNATIVE LIKE-FOR-LIKE REVENUE GROWTH OF 6.1%, VERSUS 14.4% YEAR AGO.OPENS 29 NEW BRANDED STORES IN Q3 2017.Q3 LIKE-FOR-LIKE AVERAGE TICKET GROWTH, A DECLINE OF 4.0% VS GROWTH 3.0% YEAR AGO.SAYS GOING TO OPEN AT LEAST 90 SUPERMARKETS INSTEAD OF THE INITIALLY PLANNED 70 STORES IN 2017.

Nordstrom family to temporarily suspend exploring going private deal for Nordstrom

Monday, 16 Oct 2017

Oct 16 (Reuters) - Nordstrom family::In light of difficulty obtaining debt financing in current retail environment, suspended exploration of going private deal for rest of year‍​.Group intends to continue to explore possibility of making a proposal for going private transaction for Nordstrom Inc after holiday season‍​.

Markets

  • Sectors
  • Europe
  • U.S.
  • Asia

Sector Summary