It was another slow period for John Lewis last week as the on-going mild weather rounded off October with a further sales fall. And fashion was a weak category, even though lingerie and own-label product was stronger.
The top shareholder of Australia’s Myer Holdings Ltd said on Tuesday the department store operator’s turnaround strategy was failing and excoriated the board for refusing to meet him to discuss ways to save the company.
Whole Foods Market met a new foe this summer during talks to lease a top retail space in a San Francisco mall: the Target next door. As City Centre mall’s largest tenant, Target had a say over changes to the property.