US

Rosy US Retail Sales Belie Tumultuous Year Ahead: GlobalData Retail

US retail sales have started off with a bang, with an overall growth rate of 4.9% recorded in January 2017, compared to 3.3% during that same period in 201...

PepsiCo Benefits From Health Focus As More Americans Ditch Soda

PepsiCo, Inc., the maker of Mountain Dew and Cheetos, is getting a boost from its resolution to shape up. The food giant now generates 45% of its revenu...

Pernod Ricard CEO Says Trump's Border Tax Will Burden Consumers

Pernod Ricard SA is lobbying US President Donald Trump’s administration for exemption from a border tax proposal that it says would result in US cons...

Agriculture Traders Feel Pain As Plentiful Harvests Persist

The era of excess in agriculture is squeezing agriculture traders dry. Years of bumper grain harvests, coupled with low prices and diminished volatility...

US Retailer Kroger Announces Murray's Cheese Merger

US retailer Kroger has announced that it has merged with iconic cheese shop Murray's Cheese, as well as purchasing its flagship New York facility. The c...

Aldi USA Announces 'Aggressive' $1.6bn Revamp

The American arm of discounter Aldi has announced that it will pursue an 'aggressive' $1.6 billion investment strategy, with plans to revamp and expand mor...

Reckitt Benckiser Agrees To Buy Mead Johnson For $16.6bn

Reckitt Benckiser Group Plc agreed to buy Mead Johnson Nutrition Co. for $16.6 billion, taking the UK consumer-products maker into the baby-food market for...

Confectioner Mondelēz Sees 2016 Net Revenues Fall 12.5%

US confectionery company Mondelēz International has posted a drop of 12.5% in full-year net revenues in 2016, in a year that saw a strong dollar decrease t...