Blackstone and China's Bright Food Group Plan Bid for GNC

Blackstone Group (BX) and Chinese food company Bright Food Group plan to bid for GNC Holdings, Bloomberg News reported. The purchase of vitamin and nutrition- supplement retail chain GNC could be announced as soon this month, Bloomberg News said without naming its sources.

Aiming for Amazon: Retailers Join New Web Shipping Service

Retailers such as Toys R Us, Rockport and Borders hope to grow their Web sales with a new shipping service called Much like Amazon's Prime program, consumers pay $79 per year for a membership, which lets them ship as many orders as they want from ShopRunner's retail partners.