Bloomberg After spending billions on its web operations to take on rival Amazon.com Inc., the last thing Wal-Mart Stores Inc. wanted to tell investors was that online sales momentum was slowing. Yet the world’s biggest retailer said that e- commerce sales rose only 8 percent in the fourth quarter. That’s down from 10 percent in the third quarter and 16 ...

Bloomberg Sainsbury’s takeover of Home Retail was already of questionable logic. Getting into a bidding war for the struggling company would be even less sensible. Steinhoff International Holdings — a furniture chain once based in South Africa that’s seeking to expand in Europe — made an offer of about $2 billion for Home Retail that threatens to derail Sainsbury’s agreement ...

TOKYO / Bloomberg Japan-based older brother of Lotte Group Chairman Shin Dong Bin wants to install himself and their father at the top of the family business’s lucrative South Korean units, in the latest salvo of a year-long battle for control over the retail conglomerate. Shin Dong Joo has proposed a plan to form a new board of directors for ...