Bloomberg The owner of Saks Fifth Avenue plans to separate the e-commerce business of its discount chain into a standalone company, the latest move to break up the operations of a brand synonymous with luxury apparel. A split of Saks Off 5th will allow the new company to better tailor its investments for the online business, said Paige Thomas, who ...

Bloomberg Retail property in the UK “is turning the corner” following years of decline for the sector, according to analysts at JPMorgan Chase & Co. A series of “encouraging trends” are emerging in terms of the number of people who are planning to visit malls and retail parks after the pandemic and in consumer behaviour on e-commerce and mall apps, ...

Bloomberg Civilians in Afghanistan have taken up arms to push back against the Taliban as the militants fight for control of a crucial northern city and make deeper territorial inroads with the US set to withdraw all troops by September. The insurgents are battling to take control of strategic cities in the country’s north, including its regional hub Mazar-e-Sharif, after ...