Retail Sector

FTC clears Amazon’s purchase of Whole Foods

The U.S. Federal Trade Commission (FTC) on Wednesday approved Amazon’s $13.7 billion-purchase of Whole Foods Market, authorities confirmed.

Michael Kors grabs Jimmy Choo for $1.2 billion

Fashion major Michael Kors has agreed to acquire Jimmy Choo for $1.2 billion.

FTC investigating allegations of Amazon’s deceptive discounting

The Federal Trade Commission (FTC) has confirmed that it has launched an investigation into allegations of tech giant Amazon’s misleading pricing discounts.

Amazon offers 27 percent premium for Whole Foods Market

Online retailer Amazon has offered $42 per share for Whole Foods Market.