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In an age of internet shopping and major retail chains closing scores of locations across the ... If there's one constant across retail, it's that the internet has taken a sizeable chunk out of brick-and-mortar stores' bottom lines. In 2017, discount stores Sears and Kmart closed 116 and 283 stores across the country, respectively. Payless Shoe Source filed for bankruptcy, leading to 808 closings.
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Young Vietnamese power online shopping: survey Nguyen Van Phuong, in charge of the committee carrying out the 22nd annual Vietnamese High Quality Goods Survey, said the survey this year found that the ratio of people shopping online had increased three-fold from the same time last year. These shoppers are mainly in big cities and aged 16-25, ...
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Prospect shopping centre to be demolished and replaced, with larger Foodland supermarket In its place will be a new 1380sq m Foodland, shops and 84 carpark spaces, costing $5.5-$6 million. Mr Velentzas said the upgrade, which would more than double the size of the ageing Foodland store, was recognition that a "little supermarket and shopping mall" was no longer a viable retail model.
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