More Time Needed To Complete $25bn Merger Of Kroger And Albertsons
US grocery giants Kroger and Albertsons said yesterday that they plan to close their proposed $24.6bn merger in the first half of Kroger’s 2024...
McKesson Seeks Buyers For Canada’s Rexall Pharmacy
McKesson is planning to sell Canadian drugstore chain Rexall Pharmacy Group seven years after the US drug distributor bought the business for about C$3bn...
Walmart Unveils New GenAI Search Tech For Shoppers
Walmart on Tuesday unveiled two new AI-powered tools at the CES conference in Las Vegas to help shoppers quickly search for products and automate...
Walmart Offering ‘Buy Now, Pay Later’ Loans At Self-Checkouts
Self-checkouts in more than 4,500 Walmart stores in the US are offering ‘buy now, pay later’ loans from finance lender Affirm.
Buyers of at least...
Lawmakers Call On US Regulator To Thwart Kroger-Albertsons Deal
Six US lawmakers wrote to the Federal Trade Commission (FTC) on Monday expressing their opposition to the proposed $24.6bn acquisition of grocery chain operator...
Amazon Begins Trials Of Grocery Subscription
Amazon is testing a new grocery subscription service for members of its Prime scheme in the US, marking the latest push by the online...
Difficult To Predict Consumer Behaviour Next Year, Says World’s Largest Retailer
Walmart’s two leading executives have warned that consumer behaviour will be tougher to predict next year as financial pressures continue to push consumers to...
Slightly Better Month For Costco
Costco looks to have benefitted from Black Friday spending with an acceleration in sales growth this month.
The warehouse club operator’s total sales total sales...
Shares In World’s Largest Retailer Tumble As Shoppers Remain Cautious
Walmart’s share price closed down 8.1% yesterday after the world’s largest retailer noted that consumers were spending cautiously ahead of the all-important Christmas trading...
Amazon To Start Selling Cars Online
Amazon is continuing its push to be the “everything store” with plans to start selling cars online.
From next year, consumers in the US will...
