A Thursday report by Bloomberg said that South Africa’s Competition Appeal Court began hearing a government lawsuit filed to compel regulators to review a decision allowing Wal-Mart Stores to acquire 51% interest in Massmart Holdings Ltd.
The National Retail Federation’s 2011 Holiday Consumer Intentions and Actions Survey, conducted by BIGresearch and released Wednesday, found that holiday shoppers plan to spend an average of $704.18 on holiday gifts and seasonal merchandise, down slightly from last year’s $718.98.
Apple is closing its stores for several hours on Wednesday so employees can watch a webcast of a memorial service celebrating the life of Apple co-founder and CEO Steve Jobs, the Associated Press reported.
A report released Tuesday by the National Retail Federation and Hackett Associates said that import cargo volume at the nation’s major retail container ports is expected to increase 2.6% in October over the same month last year and should reach its highest level of the year as retailers stock up for the holiday season.
Global supply chain solution provider RedPrairie Corp. said that Sleepy’s, The Mattress Professionals has signed an agreement to use RedPrairie Warehouse Management, Workforce Management, Transportation Management and Fleet Management solutions for its distribution centers and delivery fleet of almost 400 vehicles.
Plus-size retailer Charming Shoppes said it expanded its online reach globally, allowing worldwide online access to fashion brands Lane Bryant, Cacique, Catherines, Fashion Bug and Loop 18, as well as the more than 300 brands offered at the company's new plus-size shopping hub, Sonsi.com.