In shock news, Tesco said it is to close its Tesco Direct non-food webstore, which sells clothing, homewares, furniture, electricals, toys, health & beauty and more, after conducting a review of the lossmaking business.
Citi Retail and Sears Holdings announced on Tuesday the extension of a 15-year credit card partnership, amounting to a $425 million cash injection for the U.S. retailer, as part of the 'Shop Your Way Mastercard' program.
Brooks Running Company has already signed on to work with Superfeet Worldwide Inc.'s new US-based factory, Flowbuilt Manufacturing, whose capacities speed up the design-to-market process for in-line and custom sneakers.
European bath and body brand Rituals has opened its first west coast store in San Diego. This is the 12th boutique in the US for the brand and the first in California, with the other 11 being located in New York.
QVC has been sued by Skinny Brand Jeans LLC, whose founder claims that, after she pitched her line to the shopping network, it copied her slimming wash pattern for their own visually contoured skinny jeans.