Dave Lewis to be replaced by Walgreens Boots Alliance executive Ken Murphy.
Forever 21 operates more than 800 stores in the US, Europe, Asia and Latin America.
Sports Direct also says it has received a payment notice for US$749 million after an audit of its taxes in Belgium.
Sears will consider bids for its assets, including a last-ditch US$5 billion proposal by chairman and controlling shareholder Eddie Lampert.
The lenders would make a so-called "credit bid" by using their senior secured notes in the Asia business rather than cash, and win ownership of the unit during an auction next month in New York.
John Lewis has joined the "Bright Future" project which offers slavery victims four-week paid work placements that can lead to a permanent job.
The South African company has informally sounded out potential buyers for Pepco including private equity firms, said the people, who asked not to be identified as the plans aren’t public.
Tesco’s grocery home-shopping business performed strongly, with transactions and basket sizes growing during the quarter, the company said.
The creators of HBO's popular TV series, 'Westworld', Lisa Joy and Jonathan Nolan, will adapt William Gibson's book, 'The Peripheral' into a series for streaming outlet Amazon.
Marc Lore says future acquisitions will likely be in the US$50 million to US$300 million range, and could go higher,
US gunmaker American Outdoor Brands said Thursday that retailer bans on assault-style weapons would have minimal impact on profits, but warned that firearms demand remained sluggish amid a gun glut.
In what would be one of its biggest overseas deals, the US retailer is looking at buying new and existing shares in Flipkart.