29 May 2024
29 May 2024
The South African retailer will reset its store estate to minimise losses and refocus on products and services.
Retailers in the country have recently cut prices on furniture and electricals to boost sales.
B&M’s new garden centre has been added to its existing Fort Kinnaird, Edinburgh store due to consumer demand.
The investment is part of M&S's store rotation programme to establish 180 higher quality, higher productivity full-line stores and 420 food halls.
The companies agreed to raise the base purchase price for The Kinetic Group business by $50m to $1.96bn.
The 97,000m² mall is one of Italy's leading retail and entertainment destinations with 214 national and international retail brands.
The new "Depachika" concept supermarket and food hall will be located within One Bangkok Retail.
Clothing, footwear and personal accessory retailing experienced a 0.7% decline over the month.
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