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The Ikea branch in central Sweden where two shoppers were fatally stabbed -- reportedly with knives taken from the shelves -- will temporarily stop knife sales.

Global furniture giant Ikea opens its first store in South Korea, a much-anticipated market entry that has stumbled at a number of commercial and cultural hurdles along the way.

Wal-Mart, the world's largest retailer, cut its sales forecast for its next fiscal year and projected a drop in capital spending.

More than 300 Chinese space enthusiasts have booked tickets costing nearly $100,000 for a five minute trip to outer space, official media reported.

Black Friday and Boxing day, all in one are coming to Almaty to sweep the Kazakhstani shoppers off their feet with blowout bargains as a part of Satu Fest.

Walmart, the biggest retailer in the United States, is opening its first-ever stores in the US capital -- but some aren't giving it a warm welcome.

Several flea markets are being demolished in Almaty.
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