Investments

Kroger Sets Up New E-Commerce Unit To Boost Online Growth

US retailer Kroger has created a new e-commerce business unit as the company seeks to accelerate online growth.

Albertsons Names Insider To Top Role As CEO Vivek Sankaran To Retire

Albertsons said its CEO Vivek Sankaran will retire and insider Susan Morris would assume the top role.

Starbucks To Cut 1,100 Corporate Roles In CEO Niccol's Turnaround Push

Starbucks said it would eliminate 1,100 corporate roles as CEO Brian Niccol pushes ahead with his turnaround efforts at the coffee chain, which has been st...

Billa Bulgaria To Invest €31m In 2025, Open 13 New Stores

Billa Bulgaria invested over BGN 100 million (€51 million) in 2024, including BGN 44 million (€23 million) for a new logistics base near Stara Za...

Kraft Heinz Forecasts Bleak Annual Profit As Higher Prices Hamper Demand Recovery

Kraft Heinz forecast annual profit below estimates and missed quarterly sales estimates, as the packaged food maker struggles with sluggish demand followin...