Gap profits rise 25%

Comparable sales at Gap’s international stores, which includes its UK shops, fell by 6% in the third quarter to October 31, but overall profits at the US chain rose by 25%.…

Ho-ho-holding the line

Food retailers aren’t expecting too many surprises this holiday season. Buoyed by a shift toward more at-home dining and buffeted by strong price competition and frugal consumer spending habits,…