US

Costco Names Former Kroger Executive Gary Millerchip As New Finance Chief

Costco Wholesale Corporation has appointed Gary Millerchip as its new chief financial officer and executive vice president, effective 15 March 2024.

Tyson Foods Posts Better-Than-Expected Q1 Results

Tyson Foods beat market expectations for first-quarter revenue and profit, in first signs demand for its meat products is beginning to recover as infl...

UK's Naked Wines Names Rodrigo Maza As New CEO

Naked Wines has named current UK boss Rodrigo Maza as its CEO, replacing Nick Devlin, who abruptly left the role in November amid dwindling sales at the on...

Fever-Tree Sees Annual Core Profit Falling Short Of Market Expectations

British tonic maker Fever-Tree Drinks forecast annual core profit to fall short of market expectations, even as profit doubled in the second half on strong...

Bakkavor Optimistic After Profits Exceed Market Expectations In FY2023

Prepared food firm Bakkavor expects increased profitability in 2024 after its profits exceeded expectations in full-year 2023.

JDE Peet’s Announces Global Licensing Agreement With Caribou Coffee

Coffee giant JDE Peet’s has entered into a long-term global licensing agreement to manufacture, market and sell Caribou consumer and foodservice coff...

Walmart To Raise Annual Wages For US Store Managers

Walmart said that it will raise the annual average salary and bonus for its US store managers beginning 1 February, taking the average hourly wage at...