US: latest retail news and insights | ESM Magazine

PepsiCo Launches Education Programme For Employees

PepsiCo has launched myeducation, a debt-free education offering, which enables more than 100,000 US-based employees to develop their skills and take their...

Target Sees Margin Pressure Easing, Forecasts Upbeat 2022

Target Corp forecast 2022 sales and profit above analysts' expectations, after posting a 9% rise in holiday quarter sales even as the big box retailer batt...

Champagne Sales Hit Record As Fizz Returns With Pandemic Recovery

Champagne sales reached an all-time high last year, handily beating a previous mark set in 2019, as the relaxation of pandemic-related curbs fuelled a surg...

L'Oréal Posts Forecast-Beating Fourth-Quarter Sales

Holiday spending in the US and China helped L'Oréal beat growth expectations over the crucial end-of-year period as consumers splurged on beauty pro...

EU, US Agree To Resume Trade In Mussels, Clams And Oysters

The European Union and the United States have agreed to resume trade in mussels, clams and oysters from the end of February after they were halted more tha...

Amazon Hikes Prime Membership Fees In The US

Amazon.com Inc said it was raising the price of its annual US Prime subscriptions by 17%, as it looks to offset higher costs for shipping and wag...

Convenience Store Count In The US Declines By 1.5%

The number of convenience stores in the US saw a 1.5% decline, to 148,026 by the end of December, from 150,274 in the previous year, according to data from...

Monster Beverage To Buy Craft-Beer Maker In Alcohol Market Drive

Energy drinks maker Monster Beverage Corp is entering the alcoholic drinks market through a $330 million deal for craft beer and hard seltzer producer CANa...