With many major U.S. retailers opening their doors to shoppers at 5 a.m. on Friday, early risers ventured out, hoping to find gifts to tuck under the Christmas tree before products sell out.
Liaoning Fangda Group Industrial Co and Hainan Development Holdings will offer cash and equity to settle debt owed to retail investors in China's HNA Group, the team leading the conglomerate's restructuring told creditors on Wednesday, two sources said.
Brazilian retailer Lojas Americanas SA said on Wednesday it had agreed to acquire grocery chain Hortifruti Natural da Terra for 2.1 billion reais ($402 million), in a strategic move into the fresh foods sector.