Bloomberg Gap Inc. plans to shutter one of its major New York stores next month. The clothing retailer, which said in November that it may close hundreds of underperforming Gap stores, will shutter a three-story location at 680 5th Avenue on January 20, the company confirmed in an email. Chief Executive Officer Art Peck also said last month that the …

Bloomberg The UK is planning to double the charge on disposable plastic bags issued by the country’s largest retailers to 10 pence as part of a drive to protect the environment. The fee will also be extended to all small shops, according to the plans published by the Department for Environment, Food and Rural Affairs. The proposals are subject to …

Bloomberg Amazon.com Inc reported a record-breaking holiday season as shoppers loaded their online baskets with items from Echo speakers to Calvin Klein clothes, suggesting consumer optimism isn’t being deterred by a tumbling stock market. The internet retailer said “tens of millions of people worldwide” signed up for its Prime service, which offers free two-day shipping on millions of items as …