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H&M Opening 225 Stores Worldwide in 2009

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Swedish clothing store H&M has said it plans to create between 6,000 and 7,000 new jobs in 2009.

The company intends to open 225 new stores around the world in the new financial year.

Fourth-quarter profits at H&M beat analysts' expectations. It reported a 14% rise in pre-tax profits to 7.11bn Swedish crowns ($891m; £623m).

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Elaine Misonzhnik

Senior associate editor Elaine Misonzhnik has been writing for National Real Estate Investor since June 2006 and has covered commercial real estate for more than 12 years. She first became...
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