Real estate investment companies Built to Build and Urban Interest have jointly acquired shopping and entertainment center, The Wall. The investors will focus on new tenants to serve the nearby Leidsche Rijn area.
The Spanish fashion company has opened its first store Kenya, in Nairobi, bringing the total number of Mango stores in Africa to 64, including four megastores. It also plans to enter Angola with two stores in 2019.
UK store portfolios could be cut by as much as 20% as the migration to online, Brexit uncertainty and increasing consumer caution continue to bite, according to a quarterly update from KPMG/Ipsos Retail Think Tank (RTT).
Walmart said on Tuesday it will offer faster checkout at its stores and easier navigation with digital maps indicating exact locations of products, as it gears up to grab a larger share of shoppers this holiday season.
Luxury fashion brand Zimmermann has announced it will continue its retail expansion in the U.S. with the opening of two new California boutiques. Both the Pacific Palisades and San Francisco flagships opened this month.