Department Stores

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The Eslite Spectrum Corp subsidiary signs business trust contract

Tuesday, 25 Nov 2014 04:12am EST

The Eslite Spectrum Corp:Subsidiary Eslite Hotel signed a business trust contract of hotel business in BOT cultural park with a term of 20 years with Taipei New Horizon Corp.

Isetan (Singapore) Ltd signs non-binding memorandum of understanding with Japan Association Of Overseas Promotion For Food & Restaurants

Thursday, 23 Oct 2014 05:05am EDT

Isetan (Singapore) Ltd:Says the company and Japan Association Of Overseas Promotion For Food & Restaurants (JAOF) have signed a non-binding memorandum of understanding.Says the parties set out their intention to negotiate and execute a tenancy agreement for 4th floor of Isetan Orchard, Wisma Atria, Singapore between the company and a joint venture company to be established by Cool Japan Fund Inc and special purpose company to be established by JAOF.Says the JV Co intends to invite Japanese food & beverage companies to operate outlets and/or restaurants at the Premises.Says it is still exploring the feasibility of leasing out the rest of the floors of Isetan Orchard at Wisma Atria and is in discussions with several other parties which are interested in renting such space.Says as the negotiations for the tenancies at the premises and the rest of the floors of Isetan Orchard are still at a preliminary stage, there is no assurance that definitive agreements will be entered into.

Sears Holdings announces seven lease agreements with Primark

Monday, 20 Oct 2014 06:00am EDT

Sears Holdings Corp:Has entered into lease agreements with Primark, a fashion retailer in Europe, for seven standalone stores.Primark will lease from Sears Holdings a total of about 520,000 gross square feet of retail space (about 400,000 net square feet retail space) in mall-based stores located in the Northeastern United States.The space is expected to be delivered to Primark over the next 12 to 18 months.

Zhongmin Baihui Retail Group Ltd lease of retail premises

Thursday, 24 Apr 2014 06:00am EDT

Zhongmin Baihui Retail Group Ltd:Zhongmin Baihui (Quanzhou) Commercial Management Co., Ltd wholly-owned subsidiary of the Company on April 22 entered into cooperation agreement (Cooperation Agreement) with Quanzhou Lianjie Property Limited Company to lease its retail premises at Shanshui Yucheng.Leased Premises is strategically located in the centre of Guanqiao Town, Anxi County, Quanzhou City, Fujian Province, People’s Republic of China.Lease is for a period of 20 years, and is expected to be fully operational in 2016.

Stockmann says Lindex' franchising agreement in China is canceled

Thursday, 20 Mar 2014 09:30am EDT

Stockmann Oyj Abp:Says Lindex’s franchising agreement signed in Sep. 2013 with a Chinese company Suning has been cancelled.Says Suning has unilaterally withdrawn from the franchising agreement.Stockmann and Lindex will evaluate the legal consequences of Suning’s announcement.Lindex is a subsidiary of Stockmann.

Shopper's Stop Ltd announces opening Estee Lauder door

Friday, 28 Feb 2014 01:27am EST

Shopper's Stop Ltd:Says one Estee Lauder door at Quest Mall, Kolkata has been opened by the company.

Stockmann to open new distribution centre and invest in automation

Monday, 3 Feb 2014 02:30am EST

Stockmann Oyj Abp:Says has signed an agreement with SRV on the construction of a new distribution centre.Says the distribution centre, which will be completed in 2016, will be located in Jussla in Tuusula, Finland.Says the centre will be financed and leased by Ilmarinen.Says will make an investment in automation technology.Says the warehouse operations of the Finnish department stores and online store in Pitajanmaki, Tammisto, Vantaanrasti, Pakkala and Viinikkala as well as Baltic warehouse operations in Riga will be transferred to the new distribution centre during 2016 (Finland) and 2017 (Latvia).Says Hobby Hall logistics in Viinikkala and Tammisto will, for the time being, remain as before.Says the changes may lead to a reduction of a maximum of 200 man-years (FTE) at the warehouses in Finland and a maximum of 50 man-years (FTE) at the warehouse in Latvia.Says consequently, Stockmann will start co-determination negotiations covering about 430 employees in the warehouses in Finland.

Sears Holdings Corp signs lease agreement with DICK's Sporting Goods At King of Prussia Mall

Thursday, 16 Jan 2014 08:00am EST

Sears Holdings Corp:Says has signed a sublease with DICK's Sporting Goods, to occupy a portion of its second floor at the King of Prussia Mall in King of Prussia, Pa.Says the two story anchor building will be renovated with Sears maintaining exterior entrances on both levels and the mall entrance on level one.Says DICK's Sporting Goods will have exclusive use of the mall entrance on level two and have its own exterior entrances.

Amazon.com Inc Announces Exclusive Content Agreement

Thursday, 21 Nov 2013 09:00am EST

Amazon.com Inc announced an exclusive content licensing agreement with new film studio A24, known for cutting-edge commercial hits such as Spring Breakers and The Bling Ring. This groundbreaking multi-year agreement makes Prime Instant Video the exclusive premium subscription home for all of the current and forthcoming A24 titles shortly following their release on DVD and Blu-Ray.

PARCO CO., LTD. Announces Ending of Contract with Suzhou-based Company

Thursday, 31 Oct 2013 04:00am EDT

PARCO CO., LTD. announced that it has ended the contract with a Suzhou-based company, regarding operation and management of commercial facilities in a building development project in Jiangsu, China.

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