The traditional US post-Thanksgiving rush for shopping bargains turned violent in some places and left scores wounded across the country, as shoppers elbowed, pepper sprayed and shot at each other while clamouring for discount products.
India's government Thursday approved measures that will allow for greater foreign investment in its massive retail sector, which could boost the country's food supply chain and lead to global retailers such as Walmart moving in.
France 24's Markus Karlsson meets the founder and chairman of GEOX, Mario Moretti Polegato. The Italian billionaire has successfully mixed fashion and technology to build his Geox footwear empire.
Marks & Spencer, the British clothing and upmarket food store, will return to the French capital later this year with a store on the Champs-Elysées, a decade after its retreat from continental Europe drew howls of protests from customers and staff.
Even a strike on London's Underground metro system that caused most trains to be suspended could not keep shoppers from flocking to the traditional Boxing Day sales on Sunday.
Despite the financial crisis, retailers expect high sale figures as the annual summer sales kicked off Wednesday across France. Sweltering weather, buoyant exchange rates and the Internet account for the latest optimism.
The luxury London department store Harrods has been sold by Egyptian magnate Mohamed Al Fayed to the Qatari royal family's investment arm, a statement from Fayad’s representatives said Saturday.
The top world retailer Wal-Mart is facing a class-action sex-discrimination suit involving one million female employees. A US court of appeal declared the lawsuit valid on Monday.
A New York City branch of the clothing retailer H&M has sparked ire for destroying surplus clothes before discarding them. Criticisms have flooded the store's Facebook page since the New York Times newspaper reported the practice.
It’s sales time again in France and, as it only occurs twice a year, Parisians are limbering up for five weeks of frenzied shopping. Retailers are hoping for an improvement on last year's recession-induced low turnout.
