The remoulding of London's Seven Dials area is continuing with its most prominent landlord, Shaftesbury, announcing another new tenant as NYC-based lifestyle brand Away, opens its first permanent international store.
Selfridges has been busy this month upping its luxury credentials at its key department store in Birmingham, and also unveiling the last phase of its accessories project in its London store with a new eyewear space.
Fears of e-commerce taking off in Brazil have sunk shares of the country’s big mall operators this year, but industry executives expressed confidence that local shopping habits will help them avoid a shakeout.
Chinese e-commerce firm JD.com has agreed a deal with Unilever to move products like Lipton's tea and Lux soap between warehouses across China as the consumer goods firm looks to expand sales in China.
House of Fraser is to get a new owner after calling in administrators Friday. A fast deal to buy a slimmed-down version of the chain had been on the cards with news Friday that retail tycoon Mike Ashley is now in charge.
German-owned discount supermarket Aldi Inc is rolling out scores of new products in the United States, in an aggressive push to expand in the country even as rivals are struggling in a drawn-out price war.
India’s antitrust regulator on Wednesday approved U.S. retail giant Walmart Inc’s $16 billion acquisition of Indian ecommerce firm Flipkart, beefing up the competition for rival Amazon.com Inc in the fast growing market.