Walmart topped the list retailers on the BrandZ Top 100 Most Valuable Global Brands, according to a study commissioned by WPP Group and conducted by Millward Brown Optimor.
Grocery giant Tesco PLC said Wednesday it is pulling out of Japan, which means shuttering 129 small, leasehold-owned stores in the Greater Tokyo area, which employ 4,000 people.
A women’s lifestyle apparel brand born on the Web, a fast-growing burger eatery, a discount German supermarket chain and a homegrown watchmaker are the 2011 recipients of the International Council of Shopping Centers’ Hot Retailers awards.