Amazon

Amazon Beats Revenue Estimates, But Cloud Growth, Sales Expectations Lag

Amazon.com posted sales in last year's final quarter that topped Wall Street estimates, but investors initially drove shares down due to weakness in the cl...

Amazon Names Jason Buechel VP Of Worldwide Grocery Stores

Amazon has appointed Jason Buechel as the vice president of its Worldwide Grocery Stores (WWGS) division, reporting to Doug Herrington.

Target Becomes Latest Company To Backtrack On DEI Initiatives

Target is ending its diversity, equity and inclusion programme this year, becoming the latest US corporation to step away from such policies in the fa...

International Paper Likely To Win EU Approval For DS Smith Deal

International Paper is set to get EU approval for its £5.8 billion (€6.7 billion) purchase of UK rival DS Smith after agreeing to sell assets to...

Justo Closes Brazilian Online Supermarket

Justo, a Mexican online grocery store, has shut down its operations in Brazil following a three-year run, citing the challenges in a competitive market.

Kroger, Albertsons Could Turn To Ad Business After Merger Falls Through: Analysts

Kroger and Albertsons could turn to fast-growing and profitable advertising ventures to tackle competition and grow after a failed merger between the two s...

Kroger Tops Sales Estimates On Higher Demand For Groceries

Kroger beat quarterly same-store sales expectations, benefiting from a surge in customers shopping for its lower priced and freshly sourced groceries at it...

ESM’s Retail Recap: Delhaize Belgium, Co-op UK, Asda, Lidl España

Delhaize Belgium unveils holiday season trends, Co-op UK upgrades chicken in breaded and ready-to-eat range; Asda teams up with Amazon; and Lidl Espa&ntild...