US: latest retail news and insights | ESM Magazine

Molson Coors Posts 14.3% Decline In Net Sales Revenue In Q2

Molson Coors has reported a 14.3% year-on-year decline in net sales revenue (at constant currency) to $2.5 billion (€2.1 billion) in the second quarte...

US Farmers Scramble For Help As COVID-19 Scuttles Immigrant Workforce

The coronavirus has delayed the arrival of seasonal immigrants who normally help harvest U.S. wheat, leaving farmers to depend on high school students, sch...

Why COVID-19 Can Run Rife In Meatpacking Plants

Meat-processing plants around the world are proving coronavirus infection hotspots, with an outbreak at a factory in Germany leading to Guetersloh becoming...

Starbucks Forecasts Over $2bn Drop In Quarterly Income As COVID-19 Hits

Starbucks Corp said it expects current-quarter operating income to plunge by up to $2.2 billion, and sales to decline for the rest of the year even as near...

Autonomous Robot Usage Extends To Daytime As Retailers Adjust To New Cleaning Demands

Robotic floor scrubbers are increasingly being used during daytime hours to help retailers keep up with heightened cleaning demands in wake of the COVID-19...

Soybeans Extend Gains, Hit One-Week High On Chinese Buying

Chicago soybean futures climbed for a second session to a one-week high on Friday as Chinese demand underpinned prices, although the oilseed is on course f...

'Whole New Business': Farmers Innovate To Get Food From Field To Plate

From Europe to Asia and across the Americas, farmers and others in the global food supply chain are innovating to keep the world fed when populations are t...

Target's Online Sales Skyrocket As Shoppers Stock Up From Their Homes

A surge in digital sales for US retailer Target Corp in March and April offset the bulk of damage done by coronavirus lockdowns to in-store sales, but its...