Dollar Tree Divesting Struggling Family Dollar Unit For $1bn
US discount retailer Dollar Tree has announced that a consortium of private equity investors will buy its Family Dollar division for just over $1bn,...
Dollar General Forecasts Muted 2025, Says American Shoppers Are Struggling
Dollar General joined a growing list of US retailers warning of weak annual sales and profit, and said its consumers were struggling to afford...
Couche-Tard Working On Competition Concerns To Progress Takeover Of 7-Eleven Owner
Alimentation Couche-Tard (ACT) said yesterday that it was confident there is a “clear path” to overcome US regulatory hurdles in its proposed $47bn acquisition...
Costco Misses Profit Estimates; Preparing Measures To Negate Impact Of Tariffs
Costco has posted lower-than-expected second-quarter profits due to higher product costs, with the US warehouse retailer issuing cautious forecasts as it braces for tariff-driven...
Jack Daniel’s Hits Out At Canada Pulling US Alcohol
Canadian provinces pulling US alcohol off store shelves in response to Trump trade policy is "worse than tariffs", the boss of Jack Daniel's maker...
Chair And CEO Of Kroger Grocery Chain Resigns Amid Personal Conduct...
Kroger’s chair and chief executive officer, Rodney McMullen, has resigned after an internal investigation into his personal conduct.
Kroger, the largest grocery chain in the...
World’s Biggest Retailer Warns Of ‘Uncertain’ Times Ahead
Walmart posted record annual results yesterday but warned that it expected to see slower sales growth this year amid concerns that policies introduced by...
Ahold Delhaize CEO Says US Tariffs On Canada, Mexico Could Drive...
Supermarket group Ahold Delhaize expects potential US tariffs on Mexico and Canada could lead to price increases for American consumers on products from those...
Amazon Tasks Whole Foods CEO With Overseeing Grocery Store Business
Amazon has appointed Jason Buechel, the CEO of its Whole Foods unit, to oversee its grocery store operations around the world.
Doug Herrington, the company’s...
US Regulator Sues Soft Drinks Giant Over Discounts For World’s Largest...
The Federal Trade Commission (FTC) in the US is suing PepsiCo, alleging that the soft drinks and snacks manufacturer had used practices that gave...