The Swedish fashion retailer said profits fell by 11 percent in the second quarter due to the strong Swedish krona.
The move should help ease an embarrassing national shortage of the basic. Blouin Beat: Toilet paper won’t wipe away Venezuela’s food shortages
Millions of older Jeep SUVs are at risk of catching fire in rear-end collisions.
Rival retailer Lowe's said it would buy at least 60 of Orchard's 91 neighborhood hardware and garden stores in California for about $205 million.
Activist shareholder Starboard Value says company worth more broken up than sold to Shanghui for $4.7 billion.
Cites safety concerns.
For luxury goods retailers the Africa market is no longer just a tiny elite.
Gloss comes off the third-largest U.S. IPO this year as shares in the perfume and beauty products seller fall 3%.
Annual profit down 28%, but U.K. luxury fashion group says moving further upmarket is crucial to expansion plans in Asia.
Deal will expand Empire's reach in Western Canada.
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