Costco Continued Strong Run Over Christmas
Costco saw its sales growth accelerate further over the Christmas period after its bulk and discounted offerings attracted budget-conscious shoppers to its warehouses around...
Costco Tops Quarterly Estimates
Costco has beaten first-quarter revenue and profit expectations after its bulk and discounted offerings attracted budget-conscious shoppers to its warehouses around the world.
Over the...
Albertsons Demands Billions From Kroger After Termination Of Merger Deal
Albertsons has filed a lawsuit against Kroger after their proposed $24.6bn merger was blocked by two separate judges amid concerns that the largest supermarket...
Owner Of Boots In Buyout Talks With Private Equity Firm
Walgreens Boots Alliance (WBA) is reported to be in discussions about selling itself to private equity firm Sycamore Partners in a deal that would...
$25bn Merger Of Kroger And Albertsons Blocked By Judge
Kroger’s $24.6bn purchase of rival Albertsons has been blocked by a federal judge, handing a victory to antitrust regulators who have argued that the...
Walmart Raises Annual Forecast After Robust Third Quarter
Walmart hiked its annual sales and profit forecast for the third consecutive time yesterday as its low-price strategy continued to attract wealthier consumers who...
Nestlé Plays Down RFK Jr’s Anti-Packaged Food Rhetoric
Nestlé yesterday sought to play down any differences with Robert F. Kennedy Jr., who has been critical of packaged foods, saying it shared the...
In Changing Climate, Retailers Turning To Weather Strategies
Big-name retailers such as Walmart are increasingly using analytics to blunt the impact of one of the most unpredictable performance variables of shopping: weather.
Weather...
Improved Retail Sales Boost Amazon’s Q3 Results
Amazon has posted better-than-expected third-quarter profit and sales figures, buoyed by improved performance in its core retail division. Amid wider concerns around a slowdown...
Walmart Follows Amazon In Ramping Up Pharmacy Offer
Walmart has revealed that it will start delivering prescription medicines and refills along with groceries and other items as a single order within 30...
