Mexican retail sales fell for the eighth straight month in April, sliding 5.8 percent from a year earlier as the country trudged through a severe recession, the national statistics agency said.
Belarus, pursuing a campaign to improve relations with the West, wants to create a free trade zone with the European Union within three to four years.
Retailer Marks & Spencer is expected to post an improving sales trend for its first quarter, but its trading update will be overshadowed by a growing row over the future of executive chairman Stuart Rose.
LakeWest Group, an independent management consulting firm to retailers, filed for bankruptcy on Friday 26 June, according to court documents, becoming the latest player caught in the declining wave of consumer spending.
Woolworths, the 100-year-old retailer that collapsed earlier this year, will be revived as an online business by the country's biggest home shopping retailer, Shop Direct.
Australia's smaller gold miners are showing an urge to merge in an effort to bulk up and court investment funds that are being drawn to the sector due to the soaring bullion prices.
Women's clothing retailer Dress Barn Inc agreed to buy teen-apparel seller Tween Brands Inc in an all-stock deal valued at about $157 million, the companies said jointly.
Although the USA, Canada and the five largest European countries represent the biggest sportswear markets, the Russian market for sports shoes is the most prosperous, according to a report from the NPD Group.
Finish Line Inc posted a quarterly loss on Thursday 25 June as falling sales, primarily at its Man Alive chain, hurt performance.
J.C. Penney Co Inc said on Thursday 25 June that its president, Ken Hicks, has resigned, and he will become the president and chief executive officer of Foot Locker Inc.
Online spending will rescue Britain's retail sector from recession, with sales over the Internet set to more than double to 21.3 billion pounds by the end of 2011.
A German government committee is considering a variety of aid options for the Quelle mail order unit of retailer Arcandor, including guarantees and a direct loan.
A woman with a prosthetic arm took US clothing store Abercrombie & Fitch to a tribunal Wednesday 24 June, saying she had to work in its stock room because she did not fit its "look policy".
One boutique in Paris, one in Dubai that opened in February, two in Los Angeles and now a shop-in-shop at Harrods. Catherine Malandrino’s retail network has grown seemingly in the blink of an eye over the last two years, proving that there was room to succeed with sensual, city-dwelling designs.
Rain and cooler-than-usual weather so far in June may have dampened demand for summer items such as sandals, swimwear and beer for retailers already hard put to counter sales declines during the recession.
