The deadline for the next round of bids to buy Tesco PLC's South Korean business, valued at about $6 billion, has been extended to Aug. 24 from Aug. 17, four people familiar with the matter said, partly to accommodate...
Wal-Mart has taken full ownership of Chinese e-commerce firm Yihaodian.com, buying out the 49 percent stake that it did not already own to accelerate its push online, the U.S. retail giant said on Thursday.
GAP, Adidas, H&M, Tesco and Patagonia have taken sides with two NGOs pledging support for the Myanmar government’s proposed minimum wage in the textile industry, despite threats from local manufacturers.
Britain's Conservative politicians cheered on Wednesday when finance minister George Osborne announced a bumper increase in the minimum wage, but the economic gains from the change are likely to be much more muted.
Suppliers to Tesco can expect a better deal from Britain's biggest supermarket chain as it tries to sustain a tentative revival -- providing their wares survive a cull that is removing thousands of products from shelves.