Search

Aramco, a company based in the United Arab Emirates, has been granted permission by the Competition Commission of Pakistan (CCP) to acquire a 40% equity stake in Gas and Oil Pakistan Ltd (GO Petroleum). This agreement will allow Aramco's subsidiary, ATC Fujairah, to supply essential petroleum products, such as gasoline and diesel, to GO Petroleum's retail outlets in Pakistan. The CCP approved the arrangement after considering how it would enhance the distribution network, benefit the economy and consumers, and promote competition in the market. The exemption was granted based on the belief that the economic benefits outweigh any potential anti-competitive effects. [Extracted from the article]

The Dubai Mall has become the most visited place on earth, with 108 million visitors in 2023, a 19% increase from the previous year. The mall is expected to have another record year in 2024, with 20 million visitors already in January and February. The founder of Emaar, the company that developed the mall, attributes its success to Dubai's strong economy and forward-thinking leadership. The mall features over 1,200 retail outlets, including department stores and restaurants. Additionally, Dubai Duty Free recorded sales of over $2 billion in 2023. [Extracted from the article]

The article focuses on the 4-H Chopped Food Competition happening at the Mid-South Farm & Gin Show in Memphis, Tenn., where 4-Hers from surrounding states will showcase their cooking skills using items commonly found in rural retail outlets. Topics include the emphasis on limiting food waste, promoting food efficiency, and addressing issues of food security and insufficiency, highlighting the importance of nutritious food accessibility for all.

Reports on David Goldberger and David Wieland, chief executives of Direct Factory Outlet's (DFO) plans in building five big factory outlets in Australia. Popularity of the retail format of DFO to shoppers; Success of Goldberger and Wieland in building Liberty Oil, the only independent oil corporation in Australia.

The article focuses on the innovative business model of eyewear manufacturer Globus (Shetland) Ltd. and mentions views of Neil Sinclair, business development manager at Riley, on the same. Topics discussed include use of local optometrists by the company, use of polycarbonate lenses in plano and prescription frames by the firm and low energy impact from polycarbonate.

The article announces the planned implosion of the former Trump Plaza hotel-casino in Atlantic City, New Jersey in February 2021.

The article reports on the implosion of the main tower of the former Trump Plaza hotel-casino in Atlantic City, New Jersey to be held in February 2021, according to H&K Group Project Manager Michael Schwartz.

Presents news briefs on the optical industry in Great Britain as of April 22, 2005. Increase in revenue of Fabris Lane in 2004; Number of outlets of Hobbs eyewear brand in the country; Information on apprenticeship program funded by the British government for optical assistants and practice support staff.

The article offers information on Rochester, Chatham, Gillingham, Strood and a number of outlying villages constitute the unitary area referred to as the Medway Towns. It discusses that Hothi, practice owner of Spec Savvy Optician in Chatham, joined optics only three years ago as he has embarked on an innovative and unusual business model that has seen the practice go from a standing start to servicing more than 2,000 patients in one year.

A correction to the article "Two Rivers Run Through It" in the June 2018 issue is presented which discusses the design of the Two Rivers Meats outlet by architectural firm Campos Studio.

The article highlights the challenges facing retailers in Australia as occupancy rates remain high as rents. It considers the greater selection of outlets offered to customers who are increasingly moving online. The turnover of stores in shopping centres have grown since October 11, 2012, but negotiations with landlords remain difficult. Hairhouse Warehouse managing director Tony Lattouf offers tips for retailers on how to negotiate with landlords.

The article focuses on Nebraska Furniture Mart (NFM), recipient of the Best Consumer Electronics (CE)/Appliance Dealer at "TWICE's" 2010 Excellence in Retailing Awards. Its business model is a combination of warehouse club and an Internet retailer offering products at competitive prices. It began in 1937 by Rose Blumkin. In 1983, billionaire Warren Buffet acquired a majority interest in the business. In 1989, Blumkin retired and opened Mrs. B's Clearance and Factory Outlet which later merged with NFM.

The article presents information on Jessica Keating, managing director of the beauty salon Dashing Diva. While looking for business opportunities in the"wellness area" in Hong Kong, China, Keating stumbled upon Dashing Diva. Keating is planning to set up satellite Dashing Diva outlets to provide services to gymnasium-goers.

Reports on several Internet retailers expanding their businesses in off-line outlets. Strategy of Gerald Stevens Incorporated; Comments from Tim Harmon, analyst at Meta Group Incorporated; Team up of Drugstore.com with Rite-Aid Corporation; Methods of Nordstrom.com.

The article reports on the opening of Sony's in-store shop located at Sixth Avenue Electronics' Delaware store, which features three-dimensional televisions, e-book readers and digital imaging products.

The article reports on Best Buy's opening of four new Magnolia Design Centers electronics outlets in California, which offer home automation, distributed-audio, and step-up audio and video brands and discusses the company's plans of opening 15 more outlets in the fiscal year 2011 beginning in March.

This article highlights the results of a survey on cars, television shows and other topics. According the survey, Nissan has been replaced by Hyundai as one of the five most considered automotive brands among new-car shoppers. 49% of respondents indicated that the 2010 fall television season is important to them. The survey also found that 44% of respondents believe that prices are lower at outlet malls than at other stores.

The article reports that Australian retail chain JB Hi-Fi has begun a large store-opening campaign. Details about the company's annual meeting and the message from chief executive Richard Uechtritz are provided. Information about the stores which are to be opened and their locations is also presented.

The article offers information on a special party hosted by Specsavers Opticians in Airdrie, Lanarkshire, Scotland on the opening of its 600th outlet in Great Britain. It mentions that the celebrity party was arranged to mark the status of the practice in Great Britain and Republic of Ireland. It also mentions that Miss Scotland, Stephanie Willemse joined the Queen's representative and Lord Lieutenant of Lanarkshire, Gilbert Cox, to officially open the store with a ribbon cutting ceremony.

The article reports on the move of Dollond & Aitchson to open its first outlet to offer patients an opportunity to discuss refractive surgery with Ultralase surgeons in Edinburgh, Scotland. The move follows the partnership agreement between the company and Ultralase in July 2007. Optometrists at the outlet will check any patient interested in refractive surgery for suitability and general health.

The article discusses outlet malls. There have been dozens of mid-sized outlet developers in the past, but most have either devoured each other or collapsed under poor management. The only two major players left are Tanger Factory Outlet Centers and Prime Retail. Tanger may be a prime candidate for acquisition by Simon Property Group. The author discusses the different effects that consolidation has on retailers.

This article reports on the decision of French swimwear Vilebrequin to open an outlet store at the Colonnade Outlets at Sawgrass Mills shopping center in Sunrise, Florida. Part of Vilebrequin's appeal among aficionados is that each pattern is limited to just a single season, and according to Thierry Prissert, the North American CEO of Vilebrequin, this is the key to exposing the brand to the outlet shopper without diluting the luxury aspect of the brand.

The article reports on the decision of lamb processor Oriel Jones to launch an outlet for south-west lamb producers in West Country, England. A statement was issued by procurement manager Wyn Williams on a guaranteed dedicated and consistent lamb produce. Exeter, England-based representative Ed Chudley can be contacted for the discussion of marketing opportunities.

Reports on the decision of Cantor & Nissel, owner of ChromaGen ophthalmic lens trade name, to issue a warning to the optical profession after its discovery of the use of the trade name without its permission by optical outlets in Great Britain. Enlistment of solicitors in the resolution of the case; Commitment of Cantor & Nissel to protect their intellectual property rights and trade names; Investment of the owner on ChromaGen lenses and research.

Reports on the opening of German optical company Fielmann in the Netherlands in 2005. Number of outlets the company plans to open in the country; Plans of Fielmann in its pre-tax profits according to CEO Guenther Fielmann; Information on other countries that are included in the expansion plan of Fielmann.

Reports on the acquisition of Designs, operator of Levi's and Dockers outlets stores, from Casual Male Retail Group by Hub Holding Corp., an Ontario, California-based operator of Anchor Blue specialty chain, in the U.S. in 2004. Value of the acquisition; Number of Levi's outlets operated by Designs; Remarks from Michael Bush, president and CEO of Hub, regarding the acquisition.

Reports on the highlights of the WWD/DNR Apparel/Retail CEO Summit in 2004. Remarks from Robert Brvenik, president of outlet mall operator Prime Retail.

Presents an update on the financial performance of clothing and dress retailers in the U.S. as of October 2004. Financial status of Levi Strauss & Co. for the third quarter of 2004; Approach used by Levi Strauss to overcome its business losses; Decrease in the sales of factory outlet stores.

Reports that several of the leading factory outlets in Australia are exploiting an anomaly in planning legislation that allows retail outlets to be built on industrially zoned land, without recourse from state or local governments. Challenges faced by shopping center owners; Average factory outlets' occupancy costs.

Features the entrepreneurs, David Goldberger and David Wieland. Career highlights; Wieland's discussion of the strong similarities between jousting with the big oil companies and dealing with the shopping center industry; Highlights of Wieland and Goldberger's business success.

Reports on the purchase of several optician outlets of French supermarket company Carrefour in eastern Europe by retail group Fotex. Number of optician outlets operated by F-O Optika-Foto group, a company owned by Fotex; Remarks on the acquisition of the retail group; Background on the stores sold by Carrefour in June 2003.

This article deals with the plan of Sears to improve growth by expanding its off-the-mall presence. The initiative received a major boost in June with the company's announced acquisition and leasing of some 54 Kmart and 7 Wal-Mart stores for about $620 million in cash. The company also plans to open some 30 new strip mall-based outlet stores over the next 2 years, in addition to the current 45. The outlet stores, which carries returned, discontinued, overstocked and special purchase major appliances, consumer electronics and garden products, will be renamed Sears Appliance Outlet in an effort to counter market share gains in white goods by home improvement centers. The retailer is also adding major appliances to each of its 163 freestanding hardware stores in 2004, which are similarly being redubbed Sears Appliance and Hardware. The company said that most of the Kmart and Wal-Mart stores would be converted by the fourth quarter of 2003 to a new mid-size format modelled on Sears Grand, an off-mall prototype with an open-race-track design and traffic-driving merchandise like convenience foods and CD.

Focuses on the growing number and popularity of discount factory outlets in Australia. Implications for shopping center owners; Growth of the Discount Factory Outlets (DFO) chain, part-owned by Melbourne investment company Unsex; Accusations from the Shopping Centrex Council of Australia that DFO is competing unfairly; Establishment of DFO on land that is exempt from council zoning bylaws.

Reports that the Ted Baker men's fashion and eyewear will be available in Australia. Earning revenue of Baker; Number of the company's outlets; Financial performance of Ted Baker; Return on investment.

Reports on the sunglass outlet of the Optika Clulow group, that it opened at the Selfridges store at Birmingham's redeveloped Bullring in England. Capacity of the outlet; Remarks from Ayis Virides, company operations director; Efforts taken by the company as part of is expansion plan.

Reports on a proposal by Australia-based banks to increase the fees for the use of EFTPOS terminals at retail outlets.

Reports news on the music industry in Russia. Expansion of Russian entertainment conglomerate Soyuz; Changes made in the company's outlet in a department store in Moscow; Plan of the company to open outlets according to president Vitaly Belyakov.

Reports on the opening of a flagship outlet of Specsavers Opticians in the Netherlands on April 2002. Expected number of consumers to visit the store in 2002; Floor area of the outlet.

Reports on the plan of Barnes & Noble to open a two-story outlet at 12th Street, N.W. in Washington D.C. Tenants of the building where the store is located; Stores planned to open by Borders.

Reports on the move of France's FNAC retail chain into Italy in the year 2000. Partnership of FNAC with the Coin retail group of Italy; Plans for clothing and general merchandise outlets in Italy; Reasons for the initial hesitation of FNAC to move into Italy.

The article reports on the findings of a survey designed to examine shoppers' perception of and satisfaction with discounts found on merchandise at outlet centers in the U.S. 87% of the shoppers said the savings they received at outlet stores were worth the travel time and 93% planned to shop there again. The in-person survey of 8,830 outlet shoppers at 88 centers in 39 states, conducted May 15-17, 1994, was done by two trade organizations, the Developers of Outlet Centers, New York City, and the Manufacturers Idea Exchange, Clearwater, Florida.

Reports on the opening of three Nickelodeon outlets in late 1997. Details of the stores which will cater to children; Advertising campaign planned; Locations of the first three outlets.

Focuses on the increasing popularity of factory outlet centers in Australia that sell discounted goods. Retailers' response to the emergence of smart and adversarial shoppers; Stockland Trust's opening of ShopSmart outlet center; Domination of shopping strips by discount retailers and clearance stores.