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Mondelēz Posts 2.1% Revenue Increase In Third Quarter

Confectionery giant Mondelēz International has recorded revenues of $6,530 million in the third quarter of the year, representing growth of 2.1%, compared...

New Chief Executive Appointed At UK Retailer Asda

Walmart-owned UK retailer Asda has announced that Roger Burnley, its deputy chief executive, will take over as CEO of the business in January. Burnley,...

Retail Pay On The Increase In UK, BRC Finds

The average hourly pay in the UK retail sector is up 4.6% in 2017, according to the British Retail Consortium’s analysis of the recent ONS Annual Sur...

Bezos Seizes Title Of World's Richest Person After Amazon Soars

A post-earnings surge in Amazon.com Inc. shares on Friday pushed Jeff Bezos to the top of the Bloomberg Billionaires Index for the first time, vaulting him...

Ahold Delhaize Announces Departure Of E-Commerce Boss Hanneke Faber

Dutch retailer Ahold Delhaize has announced that Hanneke Faber, the group's chief e-commerce and innovation officer, has decided to leave the company at th...

Amazon Posts Double Digit Sales Growth Following Whole Foods Deal

Online retail giant Amazon has reported that net sales increased by 34% to $43.7 billion in the third quarter of the year. This figure includes $1.3 bil...

DIA Sees Domestic Sales Slip Back Due To Renovation Programme

Spanish retailer DIA has seen its gross sales under banner in its home market of Spain drop 4.0% (ex-FX effects) in the first nine months of the year, with...

Coca-Cola Reports 'Solid' Third-Quarter Operating Results

The Coca-Cola Company has reported a 'solid third quarter' in its 2017 financial year, reaffirming its full-year outlook. The drinks giant saw net reven...