Retail

Flash sale site Rue La La to buy rival Gilt

Flash sale site Rue La La says it will buy rival Gilt from department store chain Hudson's Bay as it seeks to fortify its presence in the world of online discount luxury.

Amazon to block Australians from global websites due to tax

Amazon will block Australians from buying from its international e-commerce websites and restrict them to a smaller local platform from July in response to new tax rules that consumer advocates fear will reduce the range of choice for customers in Australia.

Sears 1Q revenue falls 31%

Sears reversed direction in the first quarter, reporting a loss where it had a profit a year ago.