US: latest retail news and insights | ESM Magazine

Walmart Raises Full-Year Sales, Profit Forecasts

Walmart raised its annual sales and profit forecast in anticipation of a surge in demand during the holiday season, even as global supply chain disruptions...

Tyson Foods Sees Upbeat Sales In Latest Quarter

Tyson Foods reported a double-digit jump in sales and earnings in the fiscal fourth-quarter ended 2 October and forecast fiscal 2022 revenue above market e...

Walmart, Target Could See Margins Fall Despite Early Holiday Sales

Pent-up demand is expected to have boosted early holiday sales this year, but big discounters Walmart and Target may still see margins fall as several fact...

Ahold Delhaize To List Online Retailer Bol.com Next Year

Ahold Delhaize plans to spin-off its Dutch online retail business Bol.com and to list its shares in the second half of next year, in a bid to provide fundi...

Turkey's Getir Launches US Operations

Only a few months after expanding into Europe, Turkey's ultrafast grocery-delivery company, Getir has launched operations in the United States.

Kroger Looking Into Fake Press Release Touting Acceptance Of Bitcoin Cash

US retailer Kroger Co is looking into the publication of a fake press release, claiming the acceptance of Bitcoin Cash at its stores, the grocer said.

Delivery Hero Invests €200m In Berlin-Based Gorillas

Delivery Hero has announced that it has invested €200 million in the Berlin-based on-demand delivery startup Gorillas Technologies. The investment...

US FDA Gives Marketing Nod To An E-Cigarette For The First Time

The US Food and Drug Administration (FDA) has allowed British American Tobacco Plc (BAT) to market its Vuse Solo e-cigarettes and tobacco-flavoured pods, m...