US

Dollar General Cuts Annual Profit View As Costs Surge

Dollar General cut its annual profit forecast after it missed estimates for quarterly earnings, signalling rampant cost pressures were weighing on the disc...

Kroger Raises Sales Forecast As Grocery Demand Stays Inflation Resistant

Kroger Co raised its annual same-store sales and profit forecasts on Thursday, riding on steady demand for groceries and household essentials despite highe...

Albertsons, Kroger CEOs Defend $25bn Merger To US Senate Committee

Lawmakers from across the political spectrum have questioned executives at grocers Kroger Co and Albertsons Companies Inc about their planned $25 billion...

Bakkavor Group Posts LFL Revenue Growth Of 12.7% In Q3

Prepared food maker Bakkavor Group plc has reported 12.7% increase in LFL revenue to £542.5 million in the first quarter of its financial year.

European Shoppers Plan To Spend Less On Black Friday This Year, Survey Finds

Shoppers in seven European countries plan to cut down on their Black Friday shopping compared to last year, a new study by Boston Consulting Group (BCG) ha...

Tyson Foods Ends COVID-19 Vaccine Mandate For Employees

Tyson Foods Inc has confirmed that it eliminated a requirement that employees receive COVID-19 vaccinations, a step the company said improved meatpack...

Target Posts Decline In Profit, Warns Of Grim Holiday Season Sales

Target Corp forecast a surprise drop in holiday-quarter sales, blaming surging inflation and "dramatic changes" in consumer spending for a drop i...

Walmart Expects Smaller Drop In Annual Profit, Announces $20bn Share Buyback

Walmart Inc has forecast a smaller fall in annual profit as demand for groceries holds up despite higher prices, while discounts on clothing and electronic...