US: latest retail news and insights | ESM Magazine

US Regulator Allows First Sales Of Lab-Grown Meat

Two companies, Upside Foods and Good Meat have received final U.S. Department of Agriculture approval to sell lab-grown meat, paving the way for the natio...

Tobacco Group BAT Sticks To Full-Year Forecast On Steady Demand

British American Tobacco maintained its annual revenue and profit forecasts and said its performance would be weighted towards the second half, betting on...

Ben & Jerry's Appoints David Stever As Its New Chief Executive

Ben & Jerry's, a subsidiary of Unilever, has appointed company veteran Dave Stever as its new chief executive officer.

Beyond Meat Expects Sharper Growth In Second Half, Posts Smaller Loss

Beyond Meat said it expects sharper revenue growth in the second half of 2023 after reporting a smaller-than-expected quarterly loss on easing supply chain...

Tyson Foods Cuts 2023 Sales Forecast As Demand Slows

Tyson Foods Inc has trimmed its full-year revenue forecast, indicating that price hikes and stubbornly high inflation are discouraging consumers from spend...

Estée Lauder Sinks After Dour 2023 View On Slow Asia Travel Retail

Estée Lauder Cos Inc has forecast a bigger drop in full-year sales and profit, disappointing the Wall Street that was expecting better results...

PepsiCo Raises Annual Forecasts On Buoyant Demand, Price Hikes

PepsiCo Inc raised its annual sales and profit forecasts after beating first-quarter revenue estimates on the back of steady demand for its...

Imperial Brands Expects First-Half Revenue Drop On Russia Exit

Tobacco group Imperial Brands said smokers have cut down their purchases of cigarettes after strong buying during the pandemic, prompting increased volume...