Bloomberg The day millennial retailer Urban Outfitters announced it was buying Philadelphia’s Vetri Family group of restaurants, including Pizzeria Vetri, to complement its clothing stores, its stock fell as much as 10 percent. Wall Street analysts couldn’t get their heads around why Urban Outfitters would incorporate restaurants into its brand. Marc Vetri, CEO Vetri Family of Restaurants, reveals how …

  NEW YORK / AP Attacks such as the one in a Munich shopping mall and at a nearby McDonald’s on Friday may lead mall owners to increase their security or even persuade global brands to focus expansion plans on the US rather than Europe. Retail industry experts also said that at this point big iconic brands don’t appear to …

  Berlin / AFP Terror attacks in Europe and “political and economic uncertainty” have prompted German airline Lufthansa to cut its full-year profit target, the company has announced. “Due to increasing political and economic uncertainties the Executive Board reduces forecast” for earnings before interest and tax 2016 (EBIT) to “below previous year”, the airline said in a recent statement. In …