Italian designers Tommaso Aquilano and Roberto Rimondi acknowledge the applause at the end of the Fay Autumn/Winter 2017 women collection during Milan’s Fashion Week, in Milan, Italy February 22, 2017. REUTERS/Stefano Rellandini The curtain went up on Milan’s ... More »
National security adviser Michael Flynn’s resignation under fire was just the latest in a series of controversies that have embroiled the Trump administration since it took office on Jan. 20. More »
Walmart signage is displayed outside a company’s store in Chicago, Illinois, U.S. November 23, 2016. REUTERS/Kamil Krzaczynski Wal-Mart Stores Inc (WMT.N) for the first time will combine its own buying for products sold at its stores with purchases it makes fo... More »
Ford Taurus cars are seen during a presentation at the 16th Shanghai International Automobile Industry Exhibition in Shanghai, April 21, 2015. REUTERS/Aly Song/File Photo China vehicle sales in January fell by the largest margin since 2015 for several global a... More »
FILE PHOTO – Model Gigi Hadid and designer Tommy Hilfiger acknowledge attendees after presenting Hilfiger’s Spring/Summer 2017 collection at New York Fashion Week in Manhattan, New York, U.S., September 9, 2016. REUTERS/Andrew Kelly/File Photo From faux furs a... More »
Disney Princess Royal Shimmer Dolls are seen in this undated handout photo provided by Hasbro. REUTERS/Hasbro/Handout via Reuters Hasbro Inc (HAS.O), the No. 2 U.S. toymaker, bucked the glum holiday-quarter trend, as it reported better-than-expected quarterly ... More »
A customer walks in front of a Burberry store in central London July 15, 2008. REUTERS/Alessia Pierdomenico/File Photo British luxury brand Burberry (BRBY.L) said on Monday its incoming chief executive Marco Gobbetti will initially join the company on Jan. 27 ... More »
An American Apparel store logo is pictured on a building along the Lincoln Road Mall in Miami Beach, Florida March 17, 2016. REUTERS/Carlo Allegri Canadian apparel maker Gildan Activewear Inc (GIL.TO) has won a bankruptcy auction for U.S. fashion retailer Amer... More »
People walk with shopping bags in Manhattan, New York City, U.S. December 27, 2016. REUTERS/Andrew Kelly A jump in consumer spending in the final stretch of December significantly offset a slow start to the U.S. holiday shopping season, and is likely to help m... More »
Workers unload a wide body aircraft emblazoned with Amazon’s Prime logo at Lehigh Valley International Airport in Allentown, Pennsylvania, U.S. December 20, 2016. Picture taken December 20, 2016. REUTERS/Mark Makela Amazon.com Inc said it shipped more than 1 b... More »
Apparel retailer J. Crew Group Inc’s shopping website was down for several hours on Monday. More »
Shoppers stand in a checkout line during Black Friday sales at a Target store in Culver City, California, U.S. November 25, 2016. REUTERS/David McNew Sales and traffic at U.S. brick-and-mortar stores on Thanksgiving Day and Black Friday declined from last year... More »
Demonstrators block access to a store during a protest intending to disrupt Black Friday shopping in Chicago, Illinois, November 25, 2016. REUTERS/Joshua Lott Early holiday promotions and a belief that deals will always be available took a toll on consumer spe... More »
A customer loads his shopping cart at Target in Chicago. REUTERS/Kamil Krzaczynski Online spending by U.S. bargain hunters climbed to above $1 billion by Thanksgiving evening, according to Adobe Digital Index, surging almost 14 percent from a year ago and refl... More »
A sign promoting ‘Black Friday’ is seen in the window of a store in Oxford Street, London, Britain November 24, 2016. REUTERS/Peter Nicholls British retailers reported strong online demand in early “Black Friday” trading, as shoppers chased deals in a spending... More »
The logo of India’s largest online marketplace Flipkart is seen on a building in Bengaluru, India, April 22, 2015. REUTERS/Abhishek N. Chinnappa/File Photo India’s top e-commerce player Flipkart plans to move into the groceries space and make a renewed push in... More »
A clown sits inside a bus seen in front of a Wal-Mart store in Mexico City January 11, 2013. REUTERS/Edgard Garrido/File Photo Wal-Mart Stores Inc will start offering online deals reserved for Cyber Monday two days in advance this year, joining a growing list ... More »
Prominent Emirati businessman Mohamed Alabbar said on Sunday he had teamed up with Saudi Arabia’s Public Investment Fund (PIF) and other private investors to launch a $1 billion Middle Eastern-focused e-commerce platform. More »
Shoppers sit with bags in London, Britain August 25, 2016. REUTERS/Neil Hall British consumers ramped up their spending last month but some of the increase was due to higher motor fuel prices and concerns about higher inflation are growing, surveys showed on T... More »
The logo of McDonalds is seen outside a shop in Vienna in Vienna, Austria, October 1, 2016. REUTERS/Leonhard Foeger Two of America’s biggest commercial brands – discount retailer Target and fast-food chain McDonald’s – have taken steps to tamp down hysteria st... More »
A woman walks past a luxury boutique in a shopping district in Tokyo, Japan, September 29, 2016. REUTERS/Toru Hanai Japan’s retailers are forecasting a gloomy end to the year, as persistent economic malaise and a lack of wage growth eat away at consumer confid... More »
Shadows from the sun enhance the geometrical design on the facade of a skyscraper on a autumn day in New York November 10, 2014. REUTERS/John Schults U.S. national vacancy rate for the office sector in the third quarter was flat from the second, even as vacanc... More »
A drone, made by CyPhy Works, carries a UPS package on Children’s Island off the coast of Beverly, Massachusetts during UPS’s demonstration of a drone making a commercial delivery of a package to a remote or difficult-to-access location. REUTERS/Brian Snyder U... More »
Amazon.com’s logo is seen at Amazon Japan’s office building in Tokyo, Japan, August 8, 2016. REUTERS/Kim Kyung-Hoon Amazon.com Inc (AMZN.O) and Pandora Media Inc (P.N) are planning to launch new versions of their streaming music services in coming weeks, the N... More »
Three men have been charged with fraud for allegedly selling horsemeat as beef in Britain in 2012, prosecutors said on Friday. More »
LONDON Retail tycoon Philip Green’s greed and disregard for corporate governance led to the demise of BHS and the loss of 11,000 jobs, a joint parliamentary committee said, calling the collapse of the British stores group “the unacceptable face of capitalism.”... More »
NEW YORK Amazon’s long shadow is falling on retailers previously thought immune to the threat of e-commerce, forcing U.S. fund managers to rethink their approach to consumer stocks by focusing on companies whose businesses cannot be upended by the online giant... More »
WASHINGTON U.S. retail sales rose strongly in May as Americans bought automobiles and a range of other goods, even as they paid more for gasoline, suggesting that economic growth was gaining steam despite a sharp slowdown in job creation. Other data on Tuesday... More »
Amazon.com Inc will launch new lines of its private-label brands in the coming weeks, the Wall Street Journal reported, citing people familiar with the matter. The new brands with names like Happy Belly, Wickedly Prime and Mama Bear will include nuts, spices, ... More »
Melbourne Australia Post has successfully field-trialled the use of drones to deliver small packages, clearing the way for test deliveries to customer homes later this year. The state-owned corporation said the drones will be used for the delivery of online sh... More »
MUMBAI Reliance Retail Ltd, the retail business of India’s energy conglomerate Reliance Industries Ltd, said on Saturday it planned a quick roll-out of its newly launched fashion and lifestyle e-commerce business. Reliance Retail, controlled by India’s richest... More »
TOKYO Activist investor Daniel Loeb urged Japanese retailer Seven & I Holdings Co Ltd to shut more unprofitable department stores, in an interview with the Nikkei newspaper on Monday. Seven & I, which owns Sogo department stores and the 7-Eleven convenience ch... More »
Apple Inc will integrate Apple Pay with its Safari browser later this year, allowing users to make purchases from mobile websites, technology website Re/code reported, citing sources. The mobile payments system will be available to shoppers who use iPhone and ... More »
Amazon.com Inc posted its most profitable quarter ever on Thursday but the world’s No. 1 online retailer still managed to disappoint Wall Street by badly missing estimates, sending its shares down more than 13 percent in after-hours trading. The results, as we... More »
CHICAGO Sales at U.S. brick-and-mortar stores on Thanksgiving Day and Black Friday were down slightly from last year, but the performance was still seen as strong in a holiday shopping season where discounts spread well beyond the weekend and many shoppers mov... More »
NEW YORK At some Macy’s outlets this holiday season, shoppers who download the retailer’s app will be able to use their smart phones to guide them through the store to products they’re seeking. At JCPenney, customers will be able to take a snapshot of, for exa... More »
BOSTON Some big U.S. retailers are stepping up efforts to use personal identification numbers, or PINs, with new credit cards embedded with computer chips in a bid to prevent counterfeit card fraud. But they are being resisted by the banking industry, which se... More »
SHANGHAI/HONG KONG The Di Mei shopping center in downtown Shanghai is a surprisingly depressing place to shop. The underground mall is located in one of the most shopping-mad cities in China, and yet it is run down and starved of customers. “Sometimes I cannot... More »
ROME A boxy monument to Italy’s Fascist era is filling with workers for the first time in its 70-year history as fashion brand Fendi opens its new headquarters at the restored “Square Colosseum”. The travertine structure, formally known as the “Great House of ... More »
Troubled teen apparel retailer American Apparel Inc (APP.A) filed for voluntary chapter 11 bankruptcy protection on Monday and said it had reached a restructuring support agreement with most of its secured lenders. American Apparel said it would continue to op... More »
An investigation by the British Broadcasting Corporation (BBC) has revealed that more than 80 calls were made to ambulances by Sports Direct employees at its headquarters in Derbyshire for “life-threatening illnesses”. The figures, which came from a Freedom of... More »
MUMBAI The Indian government has filed a class action suit for 6.4 billion rupees ($99 million) against Nestle’s Indian unit on behalf of the country’s consumers, citing unfair trade practices and the sale of defective goods. Nestle is the first foreign firm t... More »
NEW YORK “Go Set a Watchman,” the much-anticipated second novel by “To Kill a Mockingbird” author Harper Lee, is the most pre-ordered print title on Amazon.com since the last book in the “Harry Potter” series, Amazon said on Thursday. The online retailer said ... More »
A clothing designer area is pictured at TechShop in the South of Market neighborhood in San Francisco, California April 24, 2014. REUTERS/Robert Galbraith In the shadow of Internet monoliths such as Facebook, Google and Twitter, it’s easy to forget that Silico... More »
Square Inc has been in talks with several rivals for a possible sale as the mobile payments startup looks to stem widening losses and dwindling cash, the Wall Street Journal reported, citing people familiar with the matter. More »
