Property owners are big news in the UK following the proposed Hammerson-Intu merger and while Shaftesbury is small compared to them, it also has news of its own as it expands its ownership of sites in the Carnaby area.
The White Company (TWC) said it reached an online sales record in the week including Black Friday and Cyber Monday with the performance helped by a more robust platform. It did not say exactly how much it sold.
Walmart said on Wednesday that soaring online purchases have caused delays in its distribution network, reflecting the challenge retailers and delivery services face in handling strong peak-season ecommerce demand.
Big news on the mall front in the UK on Wednesday as property giant Hammerson is planning to merge with major rival Intu, which means the bigger group will have stakes in or ownership of 60% of the country's supermalls.
J.C. Penney is opening a holiday pop-up shop in New York's SoHo called "Jacques Penne" in an effort to change millennial consumer perception of the brand, previously written off as a struggling mall dinosaur.
Women's apparel brand The Limited has relaunched in an exclusive partnership with privately owned Charlotte, NC-based Belk department store. The first round of the relaunch puts The Limited in 150 stores and online.