US

Target Shares Drop On Plan To Adopt Wal-Mart's Discount Playbook

Target Corp. shares plunged as the struggling retailer announced plans to cut prices to get customers back into its stores, taking a page out of rival Wal-...

Top Wheat Buyers Grow More Of Their Own To Swell Global Glut

As if the global wheat surplus couldn’t get much worse, some of the biggest buyers may not need as much. That could swell stockpiles already expected...

Bonduelle Acquires Ready Pac Foods In The US

French ready-to-eat vegetable maker Bonduelle has announced it will acquire American company Ready Pac Foods. The California-based company, which is the...

Spoiling for Canada Fight, US Dairies Push for Trump Deal

Blame Canada. That’s what US dairies say about some of the bubbling gluts weighing on the milk market, and they are eager for President Donald T...

Lidl Speeds Up US Launch With Plans To Open Stores This Summer

German discounter Lidl has announced plans to open its first US stores this summer, according to German trade publication Lebensmittel Zeitung. Out...

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...