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Tag: strong

Casinos see strong sales despite social distancing, owner says

Las Vegas casino owner Derek Stevens said Thursday that although social distancing protocols are limiting the amount of people inside his casinos, sales in June were higher than a year ago.  “What’s really surprising is actually our slot numbers, our table numbers, are up, and in some areas up dramatically,” Stevens said on CNBC’ “Squawk …

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Nisa enjoys strong recruitment with 242 new store sign-ups

// 242 new stores signed up in first five months of the year, including forecourt retailer Ascona Group // Builds on record 2019 recruitment figures, marking a 40% like-for-like leap in store number recruitment // Latest Kantar figures show further increase in convenience market share to 69.3% Nisa has reported further strong recruitment numbers with …

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‘We’ve got a strong balance sheet’: Starbucks CEO defends buybacks

Starbucks CEO Kevin Johnson on Wednesday defended the company’s share buyback program as the coronavirus pandemic roils the restaurant industry.  “We’re being thoughtful and responsible,” Johnson said in a interview with Jim Cramer on CNBC’s “Mad Money.” “Look, we’ve got a strong balance sheet, BBB investment credit rating. If you look at our last earnings …

‘We’ve got a strong balance sheet’: Starbucks CEO defends buybacksRead More

Right business model based on strong supply chain capabilities needed to succeed in kidswear

The size of Indian apparel market in 2019 is US$ 56.4 billion. It is expected to grow at a CAGR of 8 percent by FY 2025, reaching US$ 89.2 billion. Factors contributing to the growth include higher brand consciousness, increasing digitisation, greater purchasing power and increasing urbanisation. Within this enormous market lies the smaller, but …

Right business model based on strong supply chain capabilities needed to succeed in kidswearRead More

Costco strong in January | Chain Store Age

Costco Wholesale Corp. came strong out of the gate in the first month of the year. The membership warehouse club retailer reported net sales of $11.57 billion for the four weeks ended February 2, 2020, up 8% from $10.71 billion in the year-ago period. Total same-store sales (excluding the impact of gasoline and foreign exchange) …

Costco strong in January | Chain Store AgeRead More

Costco strong in January | Chain Store Age

Costco Wholesale Corp. came strong out of the gate in the first month of the year. The membership warehouse club retailer reported net sales of $11.57 billion for the four weeks ended February 2, 2020, up 8% from $10.71 billion in the year-ago period. Total same-store sales (excluding the impact of gasoline and foreign exchange) …

Costco strong in January | Chain Store AgeRead More

Tanger rides strong Q4 to remain stable in 2019

Get great content like this right in your inbox. Subscribe Tanger Outlets recaptured almost 200,000 sq. ft. of retail space at its centers in 2019 due to bankruptcies and brand-wide restructurings. But a strong fourth quarter lifted its portfolio-wide occupancy rate to 97%, slightly ahead of how it ended last year, according to the company’s …

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Starbucks’ strong Q1 overshadowed as it sounds warning on coronavirus outbreak

Starbucks has temporarily shuttered more than half of its stores in China in response to the coronavirus.  On its quarterly earnings call with analysts, Starbucks executives warned that the viral outbreak could “materially affect” its fiscal 2020 results. Starbucks had 4,292 stores in China at the end of last year. The country is the chain’s …

Starbucks’ strong Q1 overshadowed as it sounds warning on coronavirus outbreakRead More

Tanger rides strong Q4 to remain stable in 2019

Get great content like this right in your inbox. Subscribe Tanger Outlets recaptured almost 200,000 sq. ft. of retail space at its centers in 2019 due to bankruptcies and brand-wide restructurings. But a strong fourth quarter lifted its portfolio-wide occupancy rate to 97%, slightly ahead of how it ended last year, according to the company’s …

Tanger rides strong Q4 to remain stable in 2019Read More

Survey: Digital research drives strong millennial spending

Millennials are making more major purchases than any other group, but they are doing their research first. According to a new consumer survey from TD Bank, millennials made, on average, nearly four major purchases in the past year, while Gen X and baby boomers combined averaged just 2.8 major purchases during that time. Survey data also …

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