USA: latest retail news, insights and analysis | ESM Magazine

Bakkavor Sees Record Revenue Growth As Lockdown Restrictions Ease

Fresh prepared food supplier Bakkavor saw strong sales momentum in the second quarter as COVID-19 restrictions eased. In a trading update, the company a...

Retail, Online Sales Boost Illycaffè's 2020 Results

Italy's illycaffè turned a profit in 2020 as growth in the retail (+21%) and e-commerce (+39%) channels mitigated the impact of the pandem...

Hershey Raises Earnings Outlook After Positive Q1 Results

The Hershey Company has raised its full-year earnings outlook, on the back of a double-digit increase in sales in the first quarter of its financial year....

Ebro Foods Agrees To Sell Ronzoni Dry Pasta Business

Ebro Foods has announced that it has agreed to sell its Ronzoni dry pasta business in the USA to 8th Avenue Foods & Provisions Inc through its US s...

Plant-Based Egg Maker Eat Just Raises $200m In New Funding Round

Eat Just Inc has said that it raised $200 million in new funding that will be used to boost capacity and expand into new markets, as the plant-based egg pr...

Tyson Foods Shares Drop As Quarterly Sales Miss Estimates

Tyson Foods Inc reported lower-than-expected first-quarter sales amid weak meat demand at restaurants during the pandemic, sending shares down as much as 7...

Kraft Heinz To Sell Planters, Corn Nuts Brands To Hormel

Kraft Heinz Co said on Thursday that it plans to sell its nuts business - including most Planters and Corn Nuts products – to Hormel Foods Corp for $...

PepsiCo Renames 'Aunt Jemima' Pancakes, Syrup As 'Pearl Milling Company'

PepsiCo Inc has announced that its pancake mix and syrup products are to be sold under the new name 'Pearl Milling Company', after the company dropped the...