Walmart posted its best quarterly U.S. sales growth in a decade and upped full-year sales and profit outlooks on Thursday, sending shares surging as a jump in online purchases showed it can hold its own against Amazon.
The pensions of 9,000 employees of collapsed UK retail chain BHS were secured on Sunday after a specialist insurer announced an insurance buyout of the firm's 'BHS2' scheme covering 800 million pounds of liabilities.
House of Fraser is to get a new owner after calling in administrators Friday. A fast deal to buy a slimmed-down version of the chain had been on the cards with news Friday that retail tycoon Mike Ashley is now in charge.
Snap Inc on Tuesday received a vote of confidence from a billionaire investor and reported record revenue from outside North America, factors that helped soften the blow of its first-ever drop in daily users.