Amazon Targets Faster Deliveries And Buying With New Tech
Amazon, in its quest for greater efficiency, has developed new systems to shave seconds off each package delivery and to help customers make faster...
Weaker Demand For Big Ticket Items Holds Back Growth At Costco
Costco Wholesale has missed market expectations for fourth-quarter revenue growth after being impacted by cautious consumer spending on pricier, big-ticket items in its warehouse...
CEO Of L’Occitane Steps Down
The Chief Executive of the L’Occitane Group has stepped down two years after joining the business.
The global beauty retailer said Laurent Marteau had made...
Kroger-Albertsons Merger Will Increase Costs For Shoppers, Says FTC Chair
The chairperson of the US’s Federal Trade Commission has warned that the largest-ever planned grocery merger would increase costs for everyday shoppers despite promises...
Kroger-Albertson’s US Anti-Trust Trial Ends But Other Legal Blocks Loom
The trial where US anti-trust regulators made their case to block Kroger’s $25bn bid to buy rival grocer Albertsons concluded yesterday, but the deal’s...
Amazon Launches Value Own-Label Grocery Range
Amazon is stepping up its push into the grocery market with the launch of a new value-orientated food range in the US.
Called Amazon Saver,...
Owner Of 7-Eleven Rejects Takeover Offer
Japan’s Seven & i Holdings has rejected a $38.5bn cash bid from Canada’s Alimentation Couche-Tard. The operator of the 7-Eleven convenience store brand stated...
Rite Aid To Emerge From Bankruptcy As A Private Company
US pharmacy giant Rite Aid has confirmed that it will operate as a private company when it has completed its financial restructuring and emerged...
Dollar General’s Shares Plunge As Rising Competition Fuels Forecast Cuts
Dollar General’s shares slumped 29% to a more-than-six-year low on Thursday after the discount retailer slashed its annual sales and profit forecasts, as competition...
Walmart Unveils New Marketplace Seller Services For Holiday Boost
Walmart said on Tuesday that it would provide marketplace sellers with its services to handle transportation of their goods from Asia directly to its...
