US

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 $...

Retailers Hope To Draw Picky Black Friday Shoppers To Stores

Retailers around the world are hoping millions of shoppers will take advantage of Black Friday discounts in the kickoff to the key holiday s...

Walmart Lifts Targets As Shoppers Pick Low-Priced Groceries For The Holiday

Walmart raised its annual sales and profit forecast for the second straight quarter, signalling a strong start to the holiday season.

Target Forecasts Strong Holiday-Quarter Profit On Lower Inventory Levels, Supply-Chain Costs

Target forecast holiday-quarter profit largely above Wall Street expectations as the big-box retailer benefits from easing supply-chain costs and its effor...