A U.S. bankruptcy judge on Thursday approved Sears Holdings Corp Chairman Edward Lampert’s $5.2 billion takeover of the beleaguered retailer, allowing the department store chain to avert liquidation and preserve jobs.
Amazon on Thursday forecast first-quarter sales below Wall Street estimates as new regulations in India created uncertainty around one of its key growth markets, even as the online retailer reported record holiday sales.
Walmart Inc's online retailer Flipkart has told the Indian government the company faces the risk of "significant customer disruption" if the implementation of new curbs for e-commerce is not delayed, sources said.
The Italian lingerie brand has teamed up with the New York-based digital-first plus-sized fashion retailer to release a limited-edition size-inclusive collection of luxury-inspired lingerie and sleepwear.
Analysts have said recent decisions by the Competition and Markets Authority (CMA) suggest it won't shy away from intervention, and some conditions it could apply may prove too costly to make a deal worthwhile.