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Claire's makes Italy and Luxembourg debuts
Chicago -- Claire's Stores announced Wednesday the recent opening of company-owned-and-operated Claire's stores in Italy and Luxembourg, bringing the retailer’s European presence to 15 countries.
According to Claire’s European president Beatrice LaFon, the first Italian store was opened in the Milan Fiordaliso shopping centre, and the first Luxembourg store was opened in Esch Sur Alzette on Rue de l'Alzette.
During December, the company said it also plans to enter Indonesia on a franchise basis. -
Wal-Mart CEO: ‘Fiscal Cliff’ talk hurting holiday spending
New York -- In a Tuesday night address at the Council on Foreign Relations in New York City, Wal-Mart Stores Inc. president and CEO Mike Duke didn’t shy away from discussing the fiscal cliff, saying that the current debate is having a negative impact on consumer spending.