Retail - United States

Walmart Cautious On Economy, Forecasts Earnings Below Estimates

Walmart Inc forecast full-year earnings below estimates, saying it was cautious about the economic outlook for 2023 and that consumers were likely to conti...

Walmart To Raise Wages For US Hourly Workers

Walmart Inc will raise the average hourly wage for its US workers next month to more than $17.50.

Sovos Brands Completes Sale of Birch Benders

Sovos Brands has announced that it has completed the divestiture of the Birch Benders brand and related assets to Hometown Food Company.

Farm, Consumer Groups Urge US To Block Kroger's Planned $25bn Buy Of Albertsons

Advocacy groups, including the Open Markets Institute and National Farmers Union, have asked US antitrust enforcers to stop Kroger Co's planned $25 billion...

IMF Cuts U.S. Growth Forecast As Consumer Spending Cools

The International Monetary Fund has warned that avoiding recession in the United States will be "increasingly challenging" as it again cut its 20...

Alimentation Couche-Tard Sees Net Earnings Up In Third Quarter

Alimentation Couche-Tard has reported net earnings of $746.4 million, or $0.70 per diluted share, in the third quarter of its financial year, up from ...

EU Retains Top Spot In Agri-Food Exports In 2018: European Commission

The EU has once again emerged as the world's leading exporter of agri-food products, with exports amounting to €138 billion in 2018, a new report by t...

Ahold Says Stop & Shop Easter Strike Will Hurt 2019 Margins

Dutch supermarket group Ahold warned on Tuesday that a strike in its Stop & Shop chain in the United States would hurt its underlying 2019 profit m...

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Wal-Mart’s Deal for Jet.com Said to Hinge on Keeping Its Founder