-
Retail Store of the Year: And the winners are…
New York City -- The latest jewel in the portfolio of Mexican department store operator Liverpool took top honors in Chain Store Age’s 30th annual Retail Store of the Year design competition. The company’s 319,000-sq.-ft. store in the Mexico City suburb of Interlomas was named Store of the Year and was also the winning entry in the Department Store category.
Here is a complete list of the winning projects, all of which will be featured in the March issue of Chain Store Age and reviewed at its annual SPECS Conference: -
Fast Retailing net profit rises in Q1, but trims outlook
Tokyo -- Fast Retailing Co., operator of the Uniqlo apparel chain, reported Thursday a net profit of $405.3 million for the first quarter, a 37% rise that the company said was due in large part to a change in accounting methods. Operating profit dipped 2.8%.
Sales gained 8.6% overall for the quarter, but the company has trimmed its full-year outlook as sales in its home market remained sluggish.
