Inflation-Hit Shoppers Seeking Bargains Drive Growth At Costco
Costco has posted better-than-expected fourth-quarter results as cash-strapped shoppers, seeking bargains, flocked to its warehouses to purchase low-priced essentials.
Over the 16 weeks to 31st...
Amazon Agrees To Pay $2.5bn Over Claims It Tricked Prime Customers
Amazon has agreed to pay $2.5bn (£1.9bn) to resolve claims brought by the US government that it tricked millions of people into enrolling as...
Aldi Kicks Off Major Rebrand Of Private Label Portfolio In The...
Aldi is launching its first-ever namesake brand in its US stores and putting its name on every own-brand product in its assortment. The discounter...
Criteo And Google Announce Onsite Retail Media Integration
Criteo, a global platform connecting the commerce ecosystem, has announced a new integration with Google for onsite retail media. With Criteo named as Google’s...
Solid Quarter For Walmart, But Warns Tariffs Are Driving Up Costs
Walmart has posted robust second-quarter results as squeezed consumers flocked to its stores in search of value. However, the world’s biggest retailer warned that...
Amazon Expands Its Perishable Delivery Service In The US, Putting Pressure...
Amazon is rolling out a service where its Prime members can order their blueberries and milk at the same time as basic items like...
US Alcohol Consumption At A Record Low As Health Warnings Grow,...
Alcohol consumption among adults in the US is at the lowest level on record, as most Americans, for the first time, view even moderate...
Owner Of 7-Eleven Outlines Expansion Plans After Shunning Takeover Bid
Seven & I Holdings, the owner of convenience store giant 7-Eleven, has announced that it plans to open 1,300 new international stores, mainly in...
Shares In Amazon Slide On Profit Concerns
Shares in Amazon fell by around 7% in after-hours trading last night after the e-commerce giant posted underwhelming projections for the third quarter due...
Artificial Food Colours Are Out, So What’s Next?
New sources of colour for food are needed as artificial food dyes are on their way out.
In January, the FDA announced the banning of...