Hundreds of workers are on strike over a relocation plan at a factory in the southern Chinese city of Shenzhen that supplies Japan's Fast Retailing, the owner of the Uniqlo clothing brand, labour rights groups said on Tuesday.
A collection of labor and community groups filed a complaint with the IRS accusing Wal-Mart's charitable foundation of violating its tax exempt status by using donations in an attempt to facilitate store openings in urban areas.
The multinational management technology services company and the Japanese retailer have joined forces to take the digital shopping experience to the next level through a personalized customer experience.
Apparel retailer Gap Inc said it would close a quarter of its Gap specialty stores in North America over the next few years, including 140 this year, and cut about 250 jobs at its headquarters. It will also close a limited number of European stores.
Germany's Metro said on Monday it was selling its Galeria Kaufhof chain to Canadian department store operator Hudson's Bay Co (HBC) for 2.82 billion euros ($3.17 billion) including certain liabilities.
The CFO of the women’s lifestyle company last week announced at a conference that the company is expanding its Anthropologie cosmetics line and aiming to reach $6 billion dollars in sales in 5 years time.
The lifestyle brands company on Friday reported an increase in revenues for its first quarter, principally due to increased sales from Cherokee-branded products at international retailers and increases with its other brands.
U.S. retail sales surged in May as households boosted purchases of automobiles and a range of other goods even as they paid a bit more for gasoline, the latest sign economic growth is finally gathering steam.