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Global Expansion Pushes Zara Parent into 2011 Profit Surge

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Arteixo, Spain—Inditex, operators of Zara stores, reportedly the world’s largest apparel retailer, said today that its 2011 profit rose 12% thanks to its continued expansion worldwide. Despite the economic slowdown in its key region, Europe, the company posted a profit of 1.932 billion euros (about $2.56 billion), just beating analysts’ …

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Report: Retail Real Estate Will Stabilize Despite Hitting New Low

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Boston—Colliers International, a leading global real estate services firm, released its annual report on retail real estate trends showing new retail construction will hit a 25 year low in 2010. However, according to Colliers’ 2010 Retail Trends & Opportunities report, retail vacancies will stabilize in many markets. “We aren’t out …