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Best Buy charges an extra $100 for full-price iPhone X

Bloomberg Best Buy Co., the retail giant and one of Apple Inc.’s most important sales channels, is charging consumers an extra $100 for the already pricey iPhone X. Customers who began purchasing iPhone X models ahead of the November 3 release date noticed that Best Buy is charging $1,099 for base model configurations and $1,249 for models with more storage. ...

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Nordstrom doubles down on discount format amid retail woes

Bloomberg With its buyout plans on hold, Nordstrom Inc. is under intense pressure to find answers to the department-store slump. Key to that effort is reviving what was once a long-time bright spot for the chain: Nordstrom Rack. The discount stores had been helping the company cope with a slowdown at its full-price formats, but now they are in need ...

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Nakheel posts AED4bn nine-month net profit

DUBAI / Agencies Nakheel on Wednesday announced a net profit of AED4 billion for the first nine months of 2017, a 2.5 percent increase on the same period last year. Nakheel has handed over almost 1,200 units to customers so far this year. The company’s core business of residential development combined with its growing hospitality, retail and leasing businesses all ...

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