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

P&G Raises Annual Core Profit Forecast On Price Hikes, Easing Costs

Procter & Gamble has raised its annual core profit forecast as it benefits from easing commodity costs and higher product prices of its cleaning and ho...

US Ban On Menthol Cigarettes Delayed

The U.S. Food and Drug Administration's proposal to ban menthol flavoured cigarettes in the United States faced another setback, according to anti-tobacco...

Mars Invests $237m In New Nature's Bakery Facility In Salt Lake City

Confectionery giant Mars has announced an investment of $237 million (€216.3 million) in a new baking facility for its Nature's Bakery brand, located...

Yoghurt Brand Chobani Unveils 'Chobani Creations' Range

Chobani, the US-based food firm known for its Greek yoghurt, has unveiled a new range, Chobani Creations, which is described as a 'wholesome, dessert-inspi...

Danone To Sell US Organic Dairy Units To Platinum Equity

French food group Danone has signed an agreement to sell its premium organic dairy units in the United States to investment firm Platinum Equity.

CapVest’s Second Nature Brands Acquires Sahale Snacks

Second Nature Brands, which is owned by investment fund CapVest, has announced the acquisition of Sahale Snacks from The J.M. Smucker Co., for a total cons...

J.M. Smucker Nears Deal To Buy Twinkies Owner Hostess Brands: Sources

J.M. Smucker is nearing a deal to buy Hostess Brands, the owner of Twinkies snack cakes, for close to $5 billion (€4.66 billion), sources familiar wit...

Twinkies Maker Hostess Brands Explores Sale Amid Takeover Interest: Sources

Hostess Brands Inc, the maker of Twinkies snack cakes, is exploring a sale after fielding takeover interest from major snack food makers, people familiar w...