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Instacart Plans To Focus On Selling Employees' Shares In IPO: Report

Grocery delivery app Instacart Inc does not seek to raise much capital in its US initial public offering and instead plans to focus on the sale of employee...

Fever-Tree Reports 14% Revenue Growth In Half Year

Mixers brand Fever-Tree Drinks has reported a 14% increase in revenue in the half year to 30 June, according to interim results published by the group.

Kimberly-Clark Appoints New Chief Supply Chain Officer

U.S. personal care manufacturer Kimberly-Clark has appointed Tamera Fenske in the role of chief supply chain officer, effective September 19, 2022.

Uber Partners With Nuro For Autonomous Food, Grocery Delivery

Uber Technologies Inc has said that it has partnered with start-up Nuro to test food delivery via unmanned vehicles in some US locations, expanding its tie...

Walmart Latest To Tap Bond Market With $5bn Offerings

Walmart Inc will raise $5 billion in bond offerings, joining a host of big retailers and restaurant chains to tap the debt market ahead of the US Fede...

Target CEO Cornell To Stay On For Three More Years

Target Corp has scrapped its policy of chief executives having to retire at 65, allowing Brian Cornell to lead the retailer for another three years as it b...

Juul To Pay About $439m To Settle E-Cigarette Marketing Probe

E-cigarette maker Juul Labs Inc has agreed to pay $438.5 million (€442.2 million) to settle claims by 34 US states and territories that it downplayed...

Suntory Eyes US Canned Cocktail Push As Young Japanese Shun Booze

Japanese drinks giant Suntory Inc last year debuted a strong, lemony brew in Australia that quickly became the top seller in the canned cocktail market the...