Bloomberg Singapore’s Trax is acquiring Shopkick, adding the US rewards app to its growing stable of retail technology. Redwood City, California-based Shopkick lets shoppers earn rewards and gift cards by browsing online offers, watching videos, walking into stores or scanning product barcodes on shelves. Trax didn’t disclose how much it’s paying but seller SK Telecom Co acquired the Californian outfit …

Bloomberg UK retail sales fell at their fastest pace since the financial crisis in the year to June, as relatively poor weather kept shoppers away from stores, according to the Confederation of British Industry. The volume of goods sold slumped by the most since March 2009, with almost one-in-six stores saying they sold less than the same time a year …

Bloomberg When Ray Conner retired as head of Boeing Co’s commercial aircraft business in 2017, the company threw a farewell party for its lifelong employee. Among the speakers: Willie Walsh, who runs the IAG SA airline group and had built a close rapport over the years both with Conner and Boeing, having spent almost two decades piloting 737 planes himself. …