Wal-Mart Stores Inc, the world's largest retailer, said that it supports President Barack Obama's push to require large employers to offer health insurance to workers.
Mexican retailer Comercial Mexicana said it received a proposal from creditors on how to restructure the company, which defaulted on its debt last year after getting slammed by the global credit crisis.
Australian department store retailer David Jones Ltd raised its full-year profit forecast due to a strong trading performance in May and June.
Your-Mart Co, the largest retailer in China's province of Hunan, said it would raise about 500 million yuan ($75 million) in a stock initial public offering next month, the third firm to be given approval to go public after regulators resumed IPOs.
U.S. consumer spending rose last month for the first time since February as government stimulus pushed incomes sharply higher, the Commerce Department said on Friday 26 June, supporting the view the economy was close to pulling out of recession.
Mexican retail sales fell for the eighth straight month in April, sliding 5.8 percent from a year earlier as the country trudged through a severe recession, the national statistics agency said.
Megan Fox has earned the coveted title of the sexiest woman in the world. The star earned topped the list an FHMonline poll for the second year in succession, with Jessica Alba in second place.
LakeWest Group, an independent management consulting firm to retailers, filed for bankruptcy on Friday 26 June, according to court documents, becoming the latest player caught in the declining wave of consumer spending.
Retailer Marks & Spencer is committed to its succession plan and will start looking for a new chief executive next year, a spokeswoman said on Sunday 21 June, in response to a media report.
Former Arcandor CEO Thomas Middelhoff, in an interview in Germany's mass circulation Bild am Sonntag, denied any wrongdoing in the context of the retailer's insolvency earlier this month and blamed the financial crisis.
The insolvency administrator of German retailer Arcandor has reached an agreement with banks to secure for now the future of Arcandor's stricken mail-order business Quelle.
The insolvency administrator of bankrupt German department store chain Woolworth plans to close more than half of Woolworth's stores within the next couple of months.
German prosecutors have opened a probe into possible breach of trust by former Arcandor Chief Executive Thomas Middelhoff.
Canada's Hart Stores Inc, an operator of mid-sized department stores, said it has suspended regular dividend to use the cash flow from operations to fund its growth plan.
An auction for assets of bankrupt retailer Filene's Basement will reopen on 12 June, according to a court notice filed on Wednesday 9 June, possibly derailing a sale to Men's Wearhouse.
