EXPRESS

theweek | March 31, 2019

Vision Express, India’s leading optical retail chain, launched its latest retail outlet in the prestigious Phoenix Marketcity Mall, Kurla (West) in Mumbai. With over 165 stores in 32 cities, Vision Express has an extensive presence across the country. With an area of 450 sq.ft., this latest Vision Express outlet is the 19th one in Mumbai alone. Residents of central Mumbai will now get the signature Vision Express Experience at one more very accessible destination. With its contemporary eye...

retaildive | January 22, 2020

Express on Wednesday said it would shutter about 100 stores by 2022, including nine already closed last year, 31 by the end of this month and 35 by the end of January 2021. The company as of November 2019 operated more than 600 stores, according to a document filed with the Securities and Exchange Commission. Express will also aim for savings through negotiations as store leases come up for renewal, according to CFO Perry Pericleous, speaking at a presentation to investors. The closures are part...

fxstreet | January 16, 2020

Thursday's US economic docket highlights the release of monthly retail sales figures, scheduled at 13:30 GMT. Consensus estimates point to modest growth of 0.3% for December as compared to the previous month's 0.2% increase. Sales excluding automobiles (core retail sales) are seen rising by 0.5% during the reported month as against a dismal 0.1% growth recorded in November. Meanwhile, the closely watched Retail Sales Control Group is expected to rise by 0.4% following a 0.1% increase in ...

businesswire | January 15, 2020

VTS, the commercial real estate industry’s leading leasing and asset management platform, today announced VTS Retail the industry’s only leasing platform designed specifically for the retail sector solving major issues retail landlords have in their leasing process. Unlike any existing offering for retail landlords, VTS Retail transforms the leasing process by enabling retail landlords to significantly reduce the time from prospect to tenant move-in and proactively manage shopping ce...