Wal-Mart Stores Inc is in talks with buyout firm Advent International Corp and other funds to sell a major stake in its Brazilian operations, two people with direct knowledge of the matter said on Sunday.
Walmart Stores Inc is in talks with buyout firm Advent International Corp and other funds to sell a major stake in its Brazilian operations, two people with direct knowledge of the matter said on Sunday.
Amazon.com Inc will open its checkout-free grocery store to the public on Monday after more than a year of testing, the company said, moving forward on an experiment that could dramatically alter brick-and-mortar retail.
U.S. Customs and Border Protection (CBP) at Washington DC's Dulles International Airport seized 400 pairs of fake Air Jordan sneakers. If authentic, the sneakers would have had a street value of approximately $55,000.
Highsnobiety, founded in Berlin by David Fischer, said on Friday it had secured $8.5 million in funding, becoming the latest lifestyle startup to win backing from investors led by Frederic Court’s Felix Capital.
Japanese online marketplace Mercari is planning to go public in June, according to local media reports on Friday. The app-based e-tailer sells domestically, in the US and the UK, and will use funds to expand globally.
Primark remained the star brand in owner ABF's portfolio in the Christmas trading period, despite some tough times in Europe early in the season. It was helped by UK strength and a European recovery after a weak October.