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H&M’s upscale brand poised for U.S. expansion
New York -- Fast-fashion giant H&M is expanding its upscale store brand, Cos, in the United States.
Cos, known for its minimalist-styled fashions, will open its first store in Boston, on Newbury Street on Sept. 25. The new space, the brand’s third location in the United States, will offer womenswear and menswear collections with 2,960 sq. ft. of sales area, spread across two floors.
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New store prototype may be in works for ailing Barnes & Noble
New York -- Barnes & Noble on Wednesday reported its fifth straight quarter of sales declines. But the CEO sounded a positive note, telling the Wall Street Journal that the retailer is looking at a new store prototype.
“The industry is evolving, and we think there are opportunities ahead with a different format,” CEO Ronald Boire told the Wall Street Journal on Wednesday. “I’ve sat in on a couple of meetings about this and we’ll have more to discuss later.”