Piperlime’s sales never exceeded $100 million, so Gap Inc prefers to focus on its namesake and Banana Republic brands to prop up flagging sales.

The beleaguered chain acknowledges its food may not “align with consumers’ definition of quality” and reveals that it’s seeking help with its “menu vision.”

UPS cuts its profit forecast, blaming the cost of extra measures it took to ensure deliveries were on time during the 2014 holiday season, and hinted it would start charging retailers more.

Acquisition comes just a few months after AB bought craft brewer 10 Barrel

The 25-year old in-flight catalog’s revenue has dipped recently thanks to the prevalence of mobile devices and WiFi on airplanes.

Revenue across the company tumbled 7% to $6.57 billion.

Here’s what you need to know to start your day.

With a nod to Forrest Gump, Alibaba’s founder tells Davos he’d rather focus on building his own ‘World Trade Organization’ than worry about the Chinese economy’s slowdown.