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Kroger Beats First-Quarter Estimates On Steady Grocery Demand

Kroger beat Wall Street estimates for quarterly same-store sales and profit, benefiting from more customers thronging its outlets for lower-priced grocerie...

Costco's Japan Wages Provide Pathway To Firing Up Nation's Low Pay, Economy

When Costco Wholesale opened its warehouse in a rural Japanese town not far from Tokyo last year offering hundreds of jobs at eye-popping pay, a nearby noo...

Costco Wholesale Misses Revenue Estimates On Weak Discretionary Spending

Costco Wholesale fell short of Wall Street estimates for quarterly sales due to tepid demand for higher margin goods.

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What Walmart May Gain From FTC's Kroger-Albertsons Lawsuit

The Federal Trade Commission's bid to block grocer Kroger's $25 billion acquisition of Albertsons could benefit Walmart, a rival whose close relationships...

Costco Names Former Kroger Executive Gary Millerchip As New Finance Chief

Costco Wholesale Corporation has appointed Gary Millerchip as its new chief financial officer and executive vice president, effective 15 March 2024.

Sanpellegrino Rolls Out New Zero-Sugar Drinks In The US

Italian beverage company Sanpellegrino has launched a new line of zero-sugar sparkling drinks in the United States.

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...

Costco Posts Upbeat First-Quarter Results On Strong Demand For Cheaper Groceries

Costco Wholesale has topped analyst estimates for quarterly sales and profit, as more customers turned to its stores to shop for cheaper groceries and esse...