Sears Canada’s liquidation sales, which began last week, have disappointed early bargain seekers, but steeper discounts expected further into Canada’s holiday shopping season are likely to squeeze rivals, analysts say.
Amazon.com on Thursday said its sales surged over the summer and profit trounced expectations, as shoppers jumped at “Prime Day” promotions and bought groceries at its newly acquired chain of Whole Foods Market stores.
Amazon.com Inc sales jumped 34 percent in the third quarter and profit topped analysts' estimates as Prime Day sales boosted its retail business and demand remained strong for its popular cloud service for companies.
Value Retail, the company behind some of the world’s most successful luxury outlet centres, has launched China’s largest mobile payment method Alipay to give its Chinese consumers an easy and safe way to make payments.
With Interparfums recording an 18.8% jump in revenues for the first nine months of the year, totalling 324 million euros, the fragrance company expects 2017 revenues to range between 400 and 405 million euros.