TORONTO — Discount retailer Walmart says it will soon offer premium Lord & Taylor fashion brands on its American website.Walmart says the flagship Lord & Taylor online department store is expected to launch on in spring 2018.Spokeswoman Denise Incandela says the company’s goal is to create a premium fashion destination as the chain’s customers are searching its website for higher-end items.She says Walmart is starting with fashion as it expands its online business to include specialized and premium shopping experiences.The company says Lord & Taylor will be able to reach exponentially more shoppers through a dedicated store on Walmart’s website and app than through its own online presence.The Hudson’s Bay Co. acquired Lord & Taylor, an American department store founded in 1826 that now has 50 locations in the U.S., in 2012. read more

The United Nations Security Council has strongly condemned the firing of a ballistic missile earlier today by the Democratic People’s Republic of Korea (DPRK) and urged the country to refrain from further actions.“Although the DPRK’s ballistic missile launch was a failure, this attempt constituted a clear violation of UN Security Council resolutions 1718 (2006), 1874 (2009), 2087 (2013), 2094 (2013) and 2270 (2016),” said a press statement issued by the 15-member body.The members of the Security Council reiterated that the DPRK shall refrain from further actions in violation of the relevant Security Council resolutions and comply fully with its obligations under these resolutions.In light of these recent violations, the Council emphasized the importance of the work of the Security it’s Committee established pursuant to resolution 1718 (2006), and urged all Member States to redouble their efforts to implement the measures imposed in all relevant Council resolutions.The members of the Security Council reiterated the importance of maintaining peace and stability on the Korean Peninsula and in North-east Asia at large, expressed their commitment to a peaceful, diplomatic and political solution to the situation and welcomed efforts by Council members as well as other States to facilitate a peaceful and comprehensive solution through dialogue.The Council agreed that it would continue to closely monitor the situation and take further significant measures in line with the Council’s previously expressed determination. read more