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Prada opens first Florida outlet store
Sunrise, Fla. -- Prada has opened its Florida inaugural outlet store at Sawgrass Mills, located in Sunrise, Fla., and billed as the largest outlet, value retail and entertainment destination in the United States with more than 350 stores.
Prada joins other luxury retailers Barneys New York Outlet; Burberry Factory Outlet; Canali; David Yurman; Hugo Boss Factory Store; Judith Ripka; Malo; Ralph Lauren; Salvatore Ferragamo Co. Store; St. John Co. Store; Tag Heuer; Tommy Bahama’s Outlet; Valentino; Vilebrequin and more.
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McDonald's to double China restaurant count by 2013
Oak Brook, Ill. -- McDonald's Corp. said Wednesday it plans to double the number of its restaurants in China to 2,000 units by 2013.
According to a report by Reuters, the move is part of the hamburger chain’s strategy to speed up expansion in the fastest-growing major economy.
McDonald’s opened its first outlet in Shenzhen 20 years ago, and is now facing fierce competition from Pizza Hut and KFC parent Yum Brands, which has about 3,700 outlets in China.