RETAILING
- Share via
* Britain’s Marks & Spencer said it will keep its U.S. menswear chain Brooks Bros. but will put up for sale its Kings Super Markets in New Jersey. There had been speculation that M&S; might sell Brooks Bros., which it bought in 1987 for $770 million. The retailer, struggling to recover from a profit slump last year, said it had decided to sell Kings because it didn’t fit the company’s overseas strategy.
More to Read
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.