Relatively few early-morning shoppers turned out on Black Friday to mark the start of the U.S. holiday shopping season, as more people shopped online and the traditional rush was split by stores opening the night before.
Bagir has announced it has reached an agreement to be acquired by Shangdong Ruyi Technology Group. The partnership is expected to help the company win major contracts from the world’s largest retailers.
Investors in British retailer Sports Direct will vote on whether to pay 11 million pounds to the brother of billionaire founder Mike Ashley - a move that could reignite tensions between shareholders and the board.
John Lewis’s weekly sales may have been sluggish in recent periods but Black Friday saw some pent-up demand being unleashed as the company said it saw 495 units being ordered online per minute between 07:00 and 08:00.
There may be huge discounts on the UK high street at present but British stores are feeling surprisingly upbeat about the Christmas shopping season overall, a new survey shows, although fashion sales could be weak.