Bloomberg Ceconomy AG, Europe’s biggest consumer-electronics retailer, eliminated its dividend and warned that earnings will decline another year in the retail industry’s latest disaster. The stock fell as much as 16 percent to a record low as the departure of Chief Financial Officer Mark Frese leaves the company facing a leadership void. The 54-year-old executive, who has been helping to ...

Bloomberg Williams-Sonoma Inc. sued Amazon.com Inc. in a case that challenges the online retailer’s private label push that started with batteries, baby wipes and phone chargers and has expanded to include clothing, toys and high-end furniture. Amazon’s “Rivet” line includes products that are “strikingly similar” to Williams-Sonoma’s West Elm brand, including a $300 orb chair the household goods maker introduced ...

Bloomberg Bonds of UK retailers extended declines as the industry’s crisis deepens in the run-up to the Christmas holiday. New Look Retail Group Ltd.’s 700 million pounds ($886 million) of notes due in July 2022 fell for a 16th day to about 46 pence, the lowest in six months, according to data compiled by Bloomberg. The British fashion chain is ...