US

Tyson Foods Cuts 2023 Sales Forecast As Demand Slows

Tyson Foods Inc has trimmed its full-year revenue forecast, indicating that price hikes and stubbornly high inflation are discouraging consumers from spend...

Alibaba's Global E-Commerce Arm Weighs US IPO: Report

Alibaba Group Holding Ltd's international online shopping unit is exploring a US initial public offering, Bloomberg News reported on Thursday citing people...

Estée Lauder Sinks After Dour 2023 View On Slow Asia Travel Retail

Estée Lauder Cos Inc has forecast a bigger drop in full-year sales and profit, disappointing the Wall Street that was expecting better results...

Ornua Sees Turnover Up 36.7% In FY 2022

Irish dairy firm Ornua has reported a 36.7% year-on-year increase in turnover to €3.4 billion in its financial year 2022.

PepsiCo Raises Annual Forecasts On Buoyant Demand, Price Hikes

PepsiCo Inc raised its annual sales and profit forecasts after beating first-quarter revenue estimates on the back of steady demand for its...

Earth Day: Close To A Half Consider Environmental Impact While Purchasing Food

Close to a half of US shoppers (42%) consider the environmental impact while purchasing food items, according the latest data from management consulting fi...

Walmart US Merchandising Chief Charles Redfield To Step Down

Walmart Inc US chief merchandising officer Charles Redfield is stepping down after just over a year in the role, according to an internal memo seen by Reut...

EuroCommerce And NRF Release White Paper On Transatlantic Data Transfers

EuroCommerce and the National Retail Federation (NRF) have released a white paper on transatlantic data transfers, urging institutions on both sides of the...