Tourist spending in the UK reached £643m last month with a £2.4bn bonanza expected for the summer overall as tourists flock to fashion and luxury stores across the country, according to payments firm Worldpay.
As part of its review of Amazon's agreement to buy Whole Foods, the Federal Trade Commission is looking into allegations that Amazon misleads customers about its pricing discounts, according to a source.
The owners of shopping tax-refund firm Global Blue have held talks with investment banks over the past two days to choose advisers for a possible share sale next year, sources familiar with the matter told Reuters.
In a collaboration with the Danish design company Hay, the Swedish furniture retailer will be debuting the Ypperlig home collection this fall, which includes a chicer version of its iconic blue carrying tote.
The 23-year-old model announced on Instagram that she would be leaving modeling behind due to a foot injury and not being able to wear high heels. She will instead pursue new projects in pottery and interior design.
According to the annual survey conducted by the National Retail Federation (NRF), back-to-school and back-to-college spending in the U.S. is projected to generate $83.6 billion, an increase of over 10% from last year.