In the News: American Apparel, BK, Wal-Mart + more

Wal-Mart, Tesco and Carrefours would be welcomed by shoppers in India, where such “multi-brand” foreign-owned retailers currently are restricted, a new study says. Meanwhile, in the U.S., Wal-Mart’s new president scrambles to reverse earlier decisions that hurt sales.

American Apparel's troubles increase after auditor quits and fashion retailer (which is relaunching as "preppy") receives subpoena.

Axe Music launch is promoted with "mystery concerts" across U.S., kicking off with Mary J. Blige in New York.

Burger King tests $12.99 “shareable” pizza burger at its Whopper Bar in New York.

CBS will air a companion series to last winter’s hit reality show, Undercover Boss.

EMI faces an uphill struggle despite a corporate restructuring of the U.K. music icon.Continue reading...