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“The economic model of Outlet is the highest return on capital and is where customers gravitate," Gap CEO Glenn Murphy said at an investment conference in New York City, where he revealed the company will close 200 U.S. Gap stores and expand its outlet base.

Thinking of opening a store on Manhattan’s Fifth Ave? Be prepared to shell out some hefty rent.

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With a subtitle of “The Unlikely Story of Wal Mart’s Green Revolution,” this book, by Pulitzer Prize-winning journalist Edward Humes, is a must-read for anyone who remains doubtful that going green can actually be profitable.

Starbucks CEO Howard Schultz told Britain’s Sky.com that the chain’s focus on improving its offerings and encouraging innovation as opposed to cost-cutting and store-closings are the reasons for its turnaround.

Organic growth initiatives come out on top (46%) when it comes to how to increase market share, followed by a mix of organic growth and M&A (22%) and primarily M&A (22%), according to a survey of 152 senior financial executives of global retail companies by KPMG International.