The Philippines' richest man and founder of one of the biggest business conglomerates in the country, Henry Sy Sr, died Saturday aged 94, his company said.
Sears, the venerable chain that once dominated the American retail sector but had been in decline since the advent of the Amazon era, filed for bankruptcy Monday and announced it was closing almost 150 stores.
Ikea's boss promised Wednesday to meet the ‘needs, frustrations and dreams’ of local consumers with the Swedish firm's first Indian store, its second attempt to break into a vast but difficult market.
Amazon.com Inc said on Thursday it would buy small online pharmacy PillPack, a move that will put the world's biggest retailer in direct competition with drugstore chains, drug distributors and pharmacy benefit managers.
Four e-commerce giants, including Amazon and Alibaba, pledged Monday to withdraw dangerous products more quickly from the market, the European Commission said.
Britain's second and third biggest supermarket chains Sainsbury's and Walmart-owned rival Asda have agreed to merge, the pair said Monday, creating a retail king that would leapfrog current leader Tesco.
China's smartphone-wielding masses unleashed billions of dollars in e-commerce spending Saturday as they rushed to snap up bargains on ‘Singles Day’ -- billed as the world's biggest one-day online shopping festival.
The Qatar Stock Exchange saw local and foreign retail investors turn bullish amidst a fifth straight-session fall to less than 7,900 points.
Strong buying interests of local and non-Qatari retail investors lifted the Qatar Stock Exchange above 8,200 levels, apparently taking cue from Premier’s assurance on reinvigorating private sector.
Qatar’s retail sector has substantially benefited from the recently concluded Qatar Summer Festival (QSF) 2017 and the Eid al-Fitr and Eid al-Adha holidays, attracting a large number of shoppers ...