×
80 226
Fashion Jobs
TJ MAXX
Retail Sales Floor Supervisor Full Time
Permanent · Dunwoody
TJ MAXX
Distribution Center Supervisor- Pittston, PA
Permanent · Pittston
HOMEGOODS
lp Detective
Permanent · Christiana
MARSHALLS
Loss Prevention Detective
Permanent · Worcester
TJ MAXX
lp Detective
Permanent · St. Cloud
KOHLS
Full-Time Sales Supervisor - Softlines
Permanent · La Verne
KOHLS
Full-Time Sales Supervisor - Hardlines
Permanent · Rockwall
ULTA BEAUTY, INC.
Retail Sales Manager
Permanent · Morristown
ULTA BEAUTY, INC.
Retail Sales Manager
Permanent · Roseville
ULTA BEAUTY, INC.
General Manager
Permanent · New York
NORDSTROM
Asset Protection - Agent - Manchester Highlands Rack
Permanent · Manchester
NORDSTROM
Asset Protection - Security Ambassador - Twenty Ninth Street Shopping Center Rack
Permanent · Boulder
NORDSTROM INC
Asset Protection - Security Ambassador - Rookwood Pavilion Rack
Permanent · Cincinnati
NORDSTROM
Asset Protection - Security Ambassador - City Creek Center
Permanent · Salt Lake City
NORDSTROM INC
Asset Protection - Security Ambassador - Southcenter
Permanent · Tukwila
NORDSTROM INC
Manager Asset Protection 3 - Chandler, az
Permanent · Chandler
NORDSTROM INC
Asset Protection - Agent - Tampa Rack
Permanent · Tampa
NORDSTROM
Asset Protection - Agent - Brentwood Place Rack
Permanent · Brentwood
NORDSTROM
Asset Protection - Security Ambassador - Gateway Center Rack
Permanent · New York
NORDSTROM
Asset Protection - Agent - South Coast Plaza
Permanent · Costa Mesa
NORDSTROM INC
Asset Protection - Security Ambassador - Rack at 31st & 6th
Permanent · New York
NORDSTROM INC
Senior Manager Strategic Sourcing, Store Operations, Mro, Restaurants
Permanent · Seattle
By
Reuters
Published
Jul 19, 2010
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Coin buys 54 children's shops, same-store sales up

By
Reuters
Published
Jul 19, 2010

MILAN, July 16 (Reuters) - Italian retail chain Gruppo Coin (GCN.MI) expanded its children's clothes activities with the acquisition of 54 shops on Friday and said sales at its existing stores were on a positive trend this year.

Coin


The 54 outlets will add to an existing 35 children's stores and help Coin meet its target for 150 in 2011, including franchised outlets, its chief executive Stefano Beraldo said in a statement.

Coin will invest only 150,000 euros in developing the 54 shops, a source close to the situation said.

Coin declined to name the seller of the stores, nor the price paid, but a market source said the stores had been sold by Italian clothing chain Magnolia.

A Milan-based retail analyst said Coin would aim to triple sales at the 54 shops and make them profitable by 2011 and as it converts them to its OVS Kids brand and introduces its own merchandise in the shops this year.

On group sales, Beraldo said the trend in the first part of the year was satisfactory, with same-store sales showing a positive trend in line with Coin's expectations.

At 1400 GMT, Coin shares were up 1.12 percent at 5.865 euros. The STOXX Europe 600 retail index0. SXRP was down 1.18 percent.

(Writing by Nigel Tutt, editing by Will Waterman)

© Thomson Reuters 2021 All rights reserved.