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Gap has opened its first Banana Republic store in Russia, in Moscow's AfiMall City.
Increased sales across its brands helped drive The Men's Wearhouse’s second-quarter net income up nearly 33%, beating estimates.
A report released Tuesday by commercial real estate firm C.B. Richard Ellis said that 59% of U.S. retailers plan to open more stores due to the attractive rental rates available in the current market environment.
Seattle's Best Coffee, which is owned by Starbucks, has opened 12 stores since April, bringing it to almost 100 locations in the United States and Canada.
The Yankee Candle Co. has opened its first company-owned retail stores in Canada.
Specialty grocer The Fresh Market reported Wednesday that net income for the second quarter rose to $10.5 million from $6.9 million a year earlier.
Dollar General Corp. reported Tuesday that its second-quarter net income rose 3.5% to $146 million from $141.2 million in the year-ago period.
Japanese fast-fashion giant Uniqlo is set to open its largest global flagship to date, an 89,000-sq.-ft. store on Fifth Avenue in Manhattan.
Saks Inc.’s Saks Fifth Avenue Off 5th announced the addition of five stores for 2012.