North West Company Inc., the oldest Canadian grocer, is trading at a record high as its dominance of remote markets from the Arctic to the South Pacific shields it from U.S. competitors such as Target Corp.
Australian tourists Erica Kim and Michael Cai walk out of Bicester Village outlet mall near London loaded down with purchases including Jimmy Choo boots, Bally shoes and a dress. They figure they’ve saved about 1,000 pounds ($1,500) compared with shopping at home.
Emerging-market stocks fell the most in a week, led by a decline in Chinese companies as retail sales growth slowed during the Lunar New Year festival and a drop in mining shares as metal prices slumped.
The U.S. payroll tax increase that took effect this year may cause seven out of 10 Americans to curtail spending, especially on big-ticket items such as cars, according to a survey by the National Retail Federation.