Amazon Threatened With Legal Action Over Sales Of ‘Unapproved’ Medicines
Amazon is being threatened with legal action from the US medicines watchdog over the sales of “unapproved” drugs on its online site, as the...
A Mixed Picture For US Retailers As Bargain-Hunting Shoppers Pick Their...
US retailers’ earnings over the past month have signalled that customers are spending on discounted apparel, small home projects and beauty products even as...
Walmart Teams Up Google To Expand Delivery By Drone Service
Walmart is continuing its foray into the realm of drone delivery by teaming up with Wing, an on-demand provider powered by Google’s parent company,...
Robust Quarter For Walmart But Still Cautious On Outlook
Walmart raised its full-year forecasts yesterday after beating second-quarter sales and profit estimates following strong demand for its low-priced groceries and health products.
The world’s...
Five Thoughts On Aldi’s Massive Acquisition
Although the discount grocer has been on a growth tear over the past several years, and a large, transformative acquisition certainly makes sense to...
Aldi Snaps Up 400 Stores In The US
Aldi is expanding its footprint in the US with the purchase of two supermarket chains belonging to Southeastern Grocers.
Under an agreement, Aldi will become...
Walmart Names Replacement For Retiring International Head
Walmart has promoted Kathryn McLay, the CEO of its Sam’s Club unit, to lead its $100bn business outside of the US.
She will take over...
EG Group Selling Sites In The US As Part Of Debt...
EG Group, the forecourt operator whose owners also control Asda, has agreed to sell 63 of its convenience stores in the US to Casey’s...
Amazon Rolls Out AI-Generated Summaries Of Customer Reviews
Amazon says it’s using artificial intelligence to automatically generate and present summaries of customer reviews, helping shoppers quickly understand the overall sentiment and key...
Walmart Set To Raise Its Full-Year Forecast As Shoppers Stick To...
Walmart is set to raise its full-year earnings forecast on Thursday when it reports quarterly results, as US shoppers continue to buy essentials even...
