Amazon US Begins Offering Whole Foods Own Label
Amazon US has begun stocking the Whole Foods 365 own label brand on its website, in a move aimed at boosting its grocery operations...
Kellogg Confirms Split Timeline
Kellogg Co has reiterated that it expects to complete its previously-announced split into three companies during the fourth quarter of this year.
The move will...
Lidl’s Operation In The US Replacing CEO Again
Lidl has appointed a fourth Chief Executive for its US business since the company established a local headquarters in June 2015 as it struggles...
Private Label Sales Continue To Rise In The US
Private label sales across all US grocery outlets rose 8.2% to $108bn during the first half of 2023, according to data from the market...
Walmart Reiterates Goal Of Doubling International Gross Merchandise In Five Years
Walmart still expects to double the amount of gross merchandise volume it sells in foreign markets to $200bn in five years, a top executive...
US Consumer Outlook Dims As Upscale Retailers, Discounters Slash Forecasts
Weak profit forecasts from department store chain Macy’s to discounter Dollar General on Thursday underscored the fragile health of the US consumer as persistent...
Weaker Quarter For Costco As Shoppers Curb Spending
Costco’s sales growth continued to weaken during its third quarter as consumers made cutbacks on non-essential spending amid persistently high inflation.
Having recorded double-digit increases...
World’s Largest Retailer Raises Guidance After Seeing Resilient Consumer Spending
Walmart upped its annual sales and profit targets yesterday as its focus on low-priced groceries and other essentials helped it report better-than-expected first-quarter results.
The...
Target Sets Cautious Tone As US Consumers Turn Thrifty
Target yesterday forecast a grim second quarter as US consumers shun non-essentials such as electronics and home goods in the face of persistently high...
