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Uniqlo to open stores in Boston, Philly markets
New York - Uniqlo announced it will enter two new markets, Pennsylvania and Massachusetts, starting this spring. The Japanese apparel giant will open three stores in the Philadelphia market and six stores in the Boston metro area. In addition, Uniqlo will open a pop-up shop at Faneuil Hall Marketplace, Boston, early this summer.
Uniqlo will enter Pennsylvania with three stores in the greater Philadelphia area:
• King of Prussia Mall, King of Prussia (May 16)
• 1608 Chestnut Street, Philadelphia (Oct. 3)
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Whole Foods’ record revenue increase not enough for Street
Despite the Easter holiday shift, Whole Foods reported second-quarter revenue of $3.32 billion, a record increase of 10% from the prior-year quarter. But the record was not enough for Wall Street, which expected $3.34 billion.
The company’s earnings per share of 38 cents for the quarter also came in below expectations of 41 cents per share.