NEW YORK CITY-Fast Retailing increases its bid for the luxury chain by $50 million.

NEW YORK CITY-Fast Retailing increases its bid for the luxury chain by $50 million.

MINNEAPOLIS-Despite construction setbacks, the barbeque chain's executives plan 25 to 30 new restaurants for the year.

NEW YORK CITY-Istithmar has until Aug. 3 to beat out Fast Retailing Group's $900-million bid.

NEW YORK CITY-Executives are predicting that the luxury chain could reach 500 full-price stores in North America.

NEW YORK CITY-The company is closing 250 units this year, twice as many as were previously forecast.

PHILADELPHIA-Lee Equity Partners will give Allen Questrom, credited with turning around J.C. Penney, a board position on the 337-store chain.

SEATTLE-The luxury retailer is selling the 41-store, mostly European-located chain to a Lebanon-based group.