U.S. retail sales are expected to rise 4.1 percent this holiday season to $616.9 billion, outpacing last year's gains, though economic concerns may affect shoppers' spending, the world's largest retail trade body said on Tuesday.
Read more »
Wal-Mart Stores Inc (WMT.N) has infused fresh funds worth 6.2 billion rupees ($102.9 million) into its Indian wholesale business in June, according to a filing made by its Indian unit to the Registrar of Companies.
It took Western safety inspectors only about an hour to tour a factory the size of three football fields before ordering a partial shutdown of Sonia & Sweaters Ltd, a Bangladesh clothing supplier to Wal-Mart Stores Inc (WMT.N) and Debenhams (DEB.L).
