US: latest retail news and insights | ESM Magazine

Tyson Foods Opens Fully-Cooked Food Production Plant in Virginia

Tyson Foods has opened a new fully-cooked food production facility in Danville, Virginia, investing $300 million and creating 400 new jobs.

Pernod Ricard Names Conor McQuaid As CEO Of North American Business

Spirits giant Pernod Ricard has appointed Conor McQuaid as CEO of North America (USA & Canada), effective 1 January 2024.

Japan's Seven & i Expands 7-Eleven Empire With Purchase Of Australian Franchise

Japanese retail conglomerate Seven & i Holdings has agreed to purchase the 7-Eleven convenience store chain in Australia for A$1.71 billion (€1 bi...

Rémy Wants To Fix US Inventory Problems By Year-End, Profits Fall

Rémy Cointreau's CEO said he aimed to end the year with a "sound" level of stock in the United States but it was unclear when these would...

Dollar Tree Trims Annual Sales Forecast As Customers Spend Less At Its Stores

Dollar Tree has trimmed its full-year sales forecast after missing third-quarter estimates, indicating that persistent inflation was weighing on demand for...

Rugby League 'Most Lucrative' For Sports Sponsorship Revenue In APAC This Year, Study Finds

Rugby league emerged as the most lucrative market for non-alcoholic beverage brands engaged in sports sponsorship within the APAC region in 2023, a new stu...

South America Will Account For 50% Of Global Beef Exports In Five Years, Minerva CEO Says

The South American region will account for 50% of global beef exports in five years, up from 40% presently, according to beefpacker Minerva's chief executi...

US Cyber Monday Sales Hit Record $12.4bn On Big Discounts: Report

Deep discounts on everything from beauty products and toys to electronics have enticed US shoppers to splurge on Christmas purchases and ring in a record $...