Retailer PetSmart Inc cut its quarterly profit outlook on Tuesday, citing weak sales for part of November and much of December 2007, sending its shares down about 7 percent in extended trading.

EBay Inc Chief Executive Meg Whitman, one of the most powerful women in business, is preparing to retire from the online auctioneer, The Wall Street Journal said on Tuesday.

French contract catering and services group Sodexho Alliance said on Tuesday a recent drop in its share price was not justified and it would raise its dividend if there was no recovery.

Hair salon operator Regis Corp said on Tuesday that quarterly profit fell to the low end of its forecast range on a sharp drop in consumer spending over the holiday season.

French lingerie and womenswear retailer Etam Developpement said on Tuesday full-year 2007 operating profit would fall after it reported a weak end to the year in its French and Chinese businesses.

Retailer Sears Holdings Corp , looking to turn around its business after recent profit declines, detailed on Tuesday a new structure that separates its business units and simplifies the way they are managed, and its shares shot up as much as 19 percent.

The recent drop in the share price of Sodexho is not in line with the French catering and services group's performance or forecasts, its chief financial officer said on Tuesday.

Britain's pub sector should brace itself for a wave of takeovers if crumpled share prices do not recover and problems in the debt markets ease, according to brewer and pubs group Greene King .

Wal-Mart Stores Inc , the world's largest retailer, said on Tuesday that the number of its workers without health insurance has fallen over the last year, helped by new plans.

Retailer Sears Holdings Corp confirmed on Tuesday said it is changing its operating structure to simplify the way its business lines are managed.