US

Albertsons Terminates Merger With Kroger

Albertsons has terminated its $25-billion (€23.7 billion) merger agreement with Kroger after the government blocked the deal.

Trump Tariff Plan Puts Diageo, Becle Tequila Imports Worth $3bn At Risk

Some $3 billion (€2.9 billion) in tequila and mezcal imports from top makers of the popular spirits, Diageo and Jose Cuervo owner Becle, are at risk f...

Walgreens In Talks To Be Taken Private By Sycamore Partners: Source

Walgreens Boots Alliance is in talks to sell itself to private equity firm Sycamore Partners, according to a person familiar with the matter.

Hormel Foods Forecasts Annual Sales, Profits Below Estimates

Hormel Foods forecast annual sales and profit below estimates, hurt by slowing demand for its snacking and meat products.

Nestlé USA Names New Chief Executive Officer

Nestlé USA has appointed Martin Thompson as its new chief executive officer and US market head, effective 1 January 2025.

Food Lion President Meg Ham To Retire In May 2025

Ahold Delhaize USA has announced that the president of Food Lion, Meg Ham, is to retire in May 2025.

Dollar General Flags Profit Margin Squeeze From Holiday Discounts

Dollar General warned that profit margins would be pressured in the holiday quarter due to higher promotions and discounts.

US Black Friday Sales Rise 3.4% In 2024: Mastercard SpendingPulse

Black Friday sales in the US increased 3.4% in 2024 compared to the previous year, according to preliminary data from Mastercard SpendingPulse.

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World Wine Production Set For New 60-Year Low, OIV Says

Retailers Gear Up For Black Friday Amid Shorter Selling Season, Cautious Shoppers

Cuban Sugar Industry Demise Mirrors Food Crisis

Rémy Cointreau Braces For Sharp Drop In Annual Sales

Subway CEO John Chidsey Steps Down, Carrie Walsh Named Interim CEO

Twinkies Parent Hostess Monitoring RFK Jr's Anti-Sugar, Anti-Packaged Food Agenda

Circana Names Kroger Executive Stuart Aitken As President And CEO

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