Sears Canada said on Tuesday it was exploring strategic alternatives including selling itself, and flagged doubts about its ability to continue as a going concern, following years of losses and declining sales.
Hudson's Bay could face investor pressure to monetize a portion of its $10 billion-plus global real estate portfolio, amid skepticism that restructuring plans will be insufficient to battle a tough real estate market.
The average UK man now owns as many shoes as British women do and his footwear collection is worth more than that of women, according to a new survey. The poll by e-tailer Spartoo also found a growing focus on trainers.
The main shareholders of Austrian textiles company Wolford, which is currently trying to turn around its loss-making business, announced on Friday that they are looking to sell an undefined majority stake in the company
A group of Nordstrom Inc family members is reportedly talking to buyout firms about raising $1 billion to $2 billion in equity to fund a potential bid to take the U.S. department store operator private.