Shares in Woolworths fell more than 8% on Thursday after the South African department store operator posted slower half-year sales growth and said it expected its headline earnings to drop by 5% in the period
Sears said on Thursday its chairman Eddie Lampert won a bankruptcy auction for the U.S. department store chain with an improved takeover bid of $5.2 billion, allowing the 126-year-old retailer to keep its doors open.
As New Look continues to battle its way back from the brink, the British value fashion retailer on Thursday announced that it has made a decision regarding its Belgian ops. And that decision is? To file for insolvency.