Bondholders Approve Saks Global’s Five-Year Business Plan
Saks is moving towards exiting bankruptcy and tapped an additional $300 million of its Chapter 11 financing package.

After worker strikes closed a fourth of 400 stores, the American retail corporation has announced it will resume talks with the union.

After worker strikes closed a fourth of 400 stores, the American retail corporation has announced it will resume talks with the union.

About 17,000 Walmart workers in Chile went on an indefinite strike on Wednesday after labour talks between the company and the union failed.

About 17,000 Walmart workers in Chile went on an indefinite strike on Wednesday after labour talks between the company and the union failed.

The fall undercuts hopes that consumer demand would strengthen on the back of a better jobs market.

The fall undercuts hopes that consumer demand would strengthen on the back of a better jobs market.

As part of the plan, the retail and supermarket chain will also remodel over 50 stores, add more than 5,000 jobs, and further develop a large distribution centre near the capital city of Santiago.

As part of the plan, the retail and supermarket chain will also remodel over 50 stores, add more than 5,000 jobs, and further develop a large distribution centre near the capital city of Santiago.
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In the next instalment of Market GPS, BoF examines Chile, a sliver of a country just a couple of hundred miles wide that's dwarfed by its Latin American neighbours, but rich with opportunity, thanks to a stable democracy, steady economic growth and a sophisticated retail infrastructure.

In the next instalment of Market GPS, BoF examines Chile, a sliver of a country just a couple of hundred miles wide that's dwarfed by its Latin American neighbours, but rich with opportunity, thanks to a stable democracy, steady economic growth and a sophisticated retail infrastructure.
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