Once a country associated with the slums known as favelas, Brazil is on its way to becoming a new engine of growth for the luxury industry, executives at the Reuters Luxury and Fashion Summit said this week.Luxury sales in...
Wal-Mart Stores Inc is offering aisles filled with merchandise priced at USD 1 and taking other steps to boost sales in its second quarter, an executive said in an interview on Thursday.Earlier in the day, the world's largest retailer...