Bloomberg Warehouse clubs, purveyors of off-price denim and massive tubs of mayonnaise, aren’t usually on the cutting edge of retail. Walmart Inc.’s Sam’s Club wants to prove otherwise. The retailer is opening a test store in Dallas called Sam’s Club Now, where shoppers will make all their purchases on their smartphones, which they’ll also use to build shopping lists and ...

Bloomberg Amazon.com Inc. issued a disappointing revenue and profit forecast for the busy holiday quarter, suggesting sales growth is slowing for the e-commerce giant while higher pay for warehouse workers could hurt the bottom line. Revenue will be $66.5 billion to $72.5 billion in the current period, the Seattle-based company said in a statement, falling short of analysts’ average estimate ...

DUBAI / WAM The UAE has been ranked first globally in five Islamic economic sectors, according to the latest results of the “Global Islamic Economy Report 2018-2019.” The Dubai Islamic Economy Development Centre (DIEDC) on Sunday published the results of the report, titled “An Inclusive Ethical Economy.” The sixth report in the series was commissioned by DIEDC and produced by ...