A federal judge on Monday said Tiffany & Co may recover at least $19.4m in damages from Costco Wholesale Corp over the warehouse club chain's illegal sale of counterfeit diamond engagement rings under the "Tiffany" name.
Target Corp forecast sales to increase for the first time in five quarters, thanks to improved customer traffic and sales trends, sending its shares up as much as 4.4 percent and pushing retail stocks higher.
Amazon.com Inc said on Friday it would buy U.S. grocer Whole Foods Market Inc for $13.7 billion, including debt, marking the internet retailer's largest deal and biggest foray into the brick-and-mortar retail sector.
Amazon topped the list of Engagement Labs' TotalSocial ranking for its online brand sharing performance and offline reputation. Nike, Nordstrom, Victoria's Secret, Adidas and Under Armour also topped the list.