Walmart Inc., the world's largest retailer, continues to insist on price reductions from its Chinese suppliers to offset tariffs imposed by President Donald Trump. Despite recent intervention from Chinese authorities, Walmart remains firm in its demands, highlighting the challenging situation facing Chinese manufacturers amid escalating economic pressures.

British retailer WH Smith is charting a new course to optimize operations and strengthen its global market position. Recently, the company announced the sale of its UK business to Modella Capital for £76 million (approximately $98 million). This strategic move is viewed as a pivotal step towards the creation of a global tourism company, opening new avenues for the tourism segment WH Smith has successfully established.

The oldest Canadian retailer, Hudson's Bay, is facing a challenging financial situation. According to confidential sources, the company is contemplating filing for bankruptcy, which could have significant repercussions for the retail sector in both Canada and the United States.