Under fire for its plan to buy Whole Foods, Amazon continued its multi-million lobbying effort, shelling out $3.2 million in the second quarter of this year, an increase from the $2.9 million spent in the Q1.
Skechers exceeded second quarter expectations, recording over $1 billion in sales in the period. The company projects that its record performances will continue into the latter half of its fiscal year.
Retailer Hudson's Bay Co is unlikely to take its vast real estate holdings public any time soon, the head of RioCan Real Estate Investment Trust, a partner in a venture that holds some of those assets, said on Thursday.
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 collab supposedly available until July 27 in eight pop-ups around the world has disappeared, along with the temporary shops in the U.S. and Paris. Witnesses at the Paris location described a scene of total frenzy.
Top Australian department store Myer Holdings Ltd gave a profit warning on Thursday after a mid-year sale fizzed and efforts to revive the local arm of British chain Topshop failed, sending its shares to a record low.