Retail news from around the globe

Varna, Bulgaria, March 17, 2019. Entrance to Zara store in the Grand Mall shopping center. Bright and fashionable salesroom of Zara in Bulgaria.
Zara owner sees less as more Inditex, the world’s largest clothing retailer and the owner of Zara, is still backing bricks-and-mortar as a driver of growth, despite a run of store closures in its home market Spain.  Although it has shrunk its Spanish store network  – by far its biggest portfolio globally – by 297 stores, or 15 per cent, since 2012 – the company says it has actually increased its overall selling space in Spain by opening or expanding flagship outlets in prime lo

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