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British retail sales surge in October

  Bloomberg UK retail sales surged far more than economists expected in October as cooler weather boosted spending on winter fashions lines, sending clothing and footwear sales to the biggest increase in more than 2 1/2 years. The volume of goods sold in stores and online jumped 1.9 percent from September, when they rose 0.1 percent, the Office for National ...

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Amazon taps merchants for warehouse space

  Bloomberg Amazon.com Inc. is turning to merchants who sell on its marketplace for extra warehouse space, a less-costly way to expand inventory available for quick delivery. Inventory available for delivery within two business days expanded by 6 million items under the Seller Fulfilled Prime program, the company announced on Thursday. Amazon earlier this year introduced the program, which lets ...

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Carrefour to open new store in First Avenue mall

  DUBAI / Emirates Business First Avenue, the new shopping mall and hotel planned for Dubai’s Motor City, signed up leading retailer Carrefour as a key anchor tenant ahead of the project’s launch early next year. As a recent report shows that Dubai’s retail market will surpass US$52 billion in sales by 2020 and the government aims to attract 20 ...

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