Zomato’s Infinity Dining turns sour for eateries

BENGALURU: Online food ordering platform Zomato is facing resistance from restaurants over its allyou-can-eat dine-in programme, re-igniting an ongoing battle with food aggregators. Infinity Dining, which launched in July, allows Zomato Gold customers to...

Jeffrey Epstein 'misappropriated vast sums of money from me,' Les Wexner says

After Epstein's arrest, L Brands hired outside counsel to review the company's relationship with him. The company has said it doesn't believe Epstein "was ever employed by nor served as an authorized...

Barneys has until Oct. 24 to find a buyer and avoid liquidation

A pedestrian walks past a window display at Barneys New York department store in New York, U.S., on Thursday, Jan. 22, 2009.Jin Lee | Bloomberg | Getty ImagesAfter a surprise financing offer that...

The maker of Hush Puppies shoes is haunted by a water contamination crisis in...

Wolverine Worldwide used to be at the heart of the economy in Rockford, Michigan.Now, it's a $2.4 billion global corporation and home to brands like Chaco, Sperry, Merrell and Hush Puppies — and...

Arizona Tea maker enters the cannabis market

Jeff Greenberg | Universal Images Group | Getty ImagesMarijuana products will soon hit the masses, as the maker of Arizona Tea enters the cannabis market, starting with vape pens and THC-infused gummies.Privately held...

Grofers hires 5000 employees to cater to increasing demand

KOLKATA: Online grocery retailer Grofers has hired 5000 employees in its warehousing and front-end operations to cater growing demand, a top official said on Wednesday. The online grocery startup is also planning to expand...

CVS slows store expansion plans, cuts pace by a third

CVS Health will slow the pace of its annual store expansion by opening about one-third of locations it usually does and even fewer next year, the company's head of retail said Wednesday.The drugstore...

26 Sears, Kmart stores to close in October, company 'cannot rule out' more closures...

Sears emerged from bankruptcy earlier this year when its CEO at the time, Eddie Lampert, secured a roughly $5 billion deal using his hedge fund ESL to buy the retailer's assets out of...