Investment

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.

Walmart To Open More Than 150 Stores In The US

Walmart is planning to open more than 150 stores over the next five years, as it invests heavily in its operations to stay competitive in a fast-changing r...

Ireland's Centra To Open 20 New Stores This Year

Irish convenience retailer Centra plans to open 20 new stores in 2024, creating 500 new jobs across the country.

Barry Callebaut Sales Volumes Rise Slightly During Q1

Barry Callebaut's sales volumes rose slightly in the three months to the end of November despite the challenging market environment of record-hig...

Lidl GB Increases Hourly Pay For Third Time In 12 Months

Lidl GB said it would raise hourly pay for its store and warehouse workers to up to £13.85 (€16.2) in London and up to £13 in th...

M&S Announces Investment Of £30m In Scottish Stores

UK retailer Marks & Spencer plans to invest £30 million (€35.1 million) in brick-and-mortar stores across Scotland.

Thai Union Group To Exit Red Lobster Business

Seafood giant Thai Union Group PCL plans to divest its minority investment in US restaurant chain, Red Lobster.

Mars Invests $237m In New Nature's Bakery Facility In Salt Lake City

Confectionery giant Mars has announced an investment of $237 million (€216.3 million) in a new baking facility for its Nature's Bakery brand, located...