Retail

Kmart to Close 64 Stores

Kmart is closing another 64 locations, according to a person familiar with the matter, as the struggling department store chain continues to shrink its footprint.

Topshop debuts faster buying at London Fashion Week

London Fashion Week swung into its third day Sunday with Topshop Unique debuting a new "runway to retail" model for fashion-hungry consumers, while luxury goods brand Mulberry showed off a collection rich in feminine ruffles and school uniform-inspired stripes.

US agency orders corrective action after gas pipeline spill

Fuel supplies in at least five states are threatened by a gasoline pipeline spill in Alabama, and the U.S. Department of Transportation has ordered the company responsible to take corrective action before the fuel starts following again.