Retail

Bloomberg India’s booming e-commerce industry just got an ally: the first cargo service by a commercial airline. SpiceJet Ltd. is starting a dedicated freighter business to ship goods from consumer electronics to apparel and fresh farm produce as an increasing number of online shoppers visiting Amazon.com Inc. to Flipkart Online Services Pvt. demand same- or next-day deliveries. The carrier will …

Bloomberg Shares of Associated British Foods Plc, owner of the Primark clothing chain, fell after the company predicted a decline in comparable sales at the retailer. Primark’s like-for-like sales will decline by 2 percent this year, the company said on Monday, citing Europe’s unusually hot summer weather. The apparel stores are expected to post gains overall, but that’s only because …

Bloomberg With Amazon.com Inc. hitting a trillion-dollar valuation earlier this week, the company’s shadow looms over the entire retail industry. But there are still sizable gaps that Amazon and other online giants don’t address, and that’s where Peter Price looks to build a business. The 78-year-old entrepreneur is seeking out mom-and-pop shops — like the local butcher, toy store or …

Bloomberg Burberry Group Plc will stop destroying unsold products and using animal fur as it works to placate investors and compete with leading luxury brands that are racing to clean up their images with new commitments on sustainability and ethics. Top-end fashion brands have long preferred to burn some unsold items or bury them in landfill rather than risk their …

Bloomberg Spain’s Inditex SA plans to make clothes from its Zara label and other brands available online anywhere in the world within two years, aiming to become one of the first truly global clothiers as Amazon.com Inc. encroaches into fashion. “We want to make our fashion collections available to all our customers, wherever they are in the world, even in …

Bloomberg The controversy surrounding Nike Inc.’s new Colin Kaepernick ad can’t be a surprise to the sportswear company. And in spite of the backlash, it’s probably pretty good for the brand. In less than 24 hours since Kaepernick first revealed the spot on Twitter, Nike received more than $43 million worth of media exposure, the vast majority of it neutral …

Bloomberg Britons are planning to rein in their spending after splurging during the summer heatwave. With worries growing over rising prices and higher interest rates, a third of consumers say they intend to spend less, Barclaycard said in a report published on Tuesday. The warning comes after households made the most of the sweltering summer months, with the value of …

Bloomberg A Polish government agency said it’s working with Amazon.com Inc. to improve conditions at its facilities amid union concerns of worker exploitation. The State Labor Inspectorate held more than 50 reviews of Amazon’s warehouses and other Poland-based centers since 2014, finding irregularities related to health and safety regulations, sanitary conditions and timely remuneration, the agency said. The retail giant, …

Bloomberg The retailer of Muji products is considering moving its European headquarters out of the UK because of Brexit, in what would be at least the second such shift by a Japanese company. Ryohin Keikaku Co., which sells everything from furniture to kitchenware under the Muji brand, is weighing Germany as the most likely site for a new European base, …

Bloomberg Richard Liu built an e-commerce giant in China by tapping into the nation’s appetite for technology. As his JD.com Inc. sets its sights on global expansion, he’s turning to others for help: Google and Walmart Inc. Just a few months after Google bought a $550 million stake in JD, Liu said he’s in the early stages of strategic planning …