Uniqlo operator plans to invest in U.S. retailer
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Japan's Fast Retailing Co., operator of  the Uniqlo casual-wear chain, said on Wednesday it plans to  invest in a U.S. retailer to go head-to-head with bigger rival  Gap Inc. on its home turf.
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Alan J. Lacy will not be the top man at Sears, Roebuck &amp; Company any longer if the announced merger with Kmart is completed. But he will receive a raise and could take out more than $20 million by cashing out his existing options on Sears stock.
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United Technologies (UTC), the parent company of security product manufacturer and integrator Chubb, is making an offer to purchase fire and safety product manufacturer Kidde plc.
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Wal-Mart Stores Inc  will spend up to 100 billion yen ($878 million) to buy out minority shareholders in Japanese supermarket unit Seiyu Ltd  in an effort to turn around the loss-making chain.
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UBS  is preparing a new growth  initiative in the United States that may include acquisitions  as it seeks to bolster its investment banking and wealth  management business, the Swiss group&#39;s chairman said on Sunday.
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Mid-priced clothing retailer and maker  Jones Apparel Group Inc. JNY.N said on Thursday it was buying  Barneys New York Inc. BNNY.OB in a $400 million deal to boost  its retail business and move into luxury apparel.
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Discount retailer Kmart Holding Corp.  will buy department store operator Sears, Roebuck & Co. in a  $11.5 billion deal unveiled on Wednesday, creating the  third-largest U.S. retailer.
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Britain's largest retailer, Tesco, is planning to open its first US stores later this year, with a series of openings targetting several western states, a Tesco spokeswoman said.
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Countrywide Financial Corp  is working to structure another strategic investment similar to the deal Bank of America Corp  struck last month, the New York Post reported in its online edition on Tuesday.
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Here's a sneaky way to invest in a grade-A retailer.
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From RUEHL to new retail, the clothing chain's on the move.
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The Jones Apparel Group, a $4.3 billion clothing company with a middle-brow reputation, is close to making a deal to buy the totally trendy Barneys chain.
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The Centro Properties Group, which owns 700 malls in the United States, will weigh offers for all of the company or assets including its Australian and United States funds.
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Firm set to announce plan to build stateside factory, CEO Kevin Rollins says, in wide-ranging interview with CNET News.com.
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HSBC is interested in buying the $3 billion (1.6 billion pound) store and credit card operations of US retailer Federated Department Stores (FD.
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Uniqlo is the two-week-old SoHo outpost of the Japanese chain known for its inexpensive cashmere and logo-free clothing.
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In a switch, the retailer will launch its new concept with an acquisition.