Kingfisher, Europe's largest home improvement retailer, reported another fall in quarterly sales Thursday, hurt by a slowdown at B&Q in the UK, weak sales in France and continued disruption from its restructuring plan.
JD.com Inc, China's second-largest e-commerce firm, posted a wider net loss in the second quarter as marketing costs offset higher-than-forecast revenue growth, sending its shares sharply lower on Monday.
J.C. Penney Co Inc's stock hit a life-low as major store closures and a challenging retail scene drove the embattled department store chain to a bigger-than-expected quarterly loss and took a toll on comparable sales.
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.
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.