US

Sears To Sell Craftsman, Shut 150 Stores

Sears Holdings Corp. agreed to sell its Craftsman tool brand to Stanley Black & Decker Inc. for about $900 million, marking CEO Edward Lampert&rsqu...

Amazon Launches New Private-Label Snack Line

Online giant Amazon is pushing its way further into the grocery sector with its new private-label food offering, a snack line called Wickedly Prime. It is...

America’s Cheap-Liquor Billionaire Looks Abroad As Growth Slows

You may not have heard of America’s richest liquor billionaire, but odds are you’ve sipped one of his offerings. Or, more likely, chugged...

The $50 Chicken: Kosher Gets Ethical, and More Expensive

Heritage chicken is back! When did it go missing, you might wonder, and what is it? But to some it's a big deal, so KOL Foods, a small meat company base...

Retail Sales In US Increased Less Than Forecast In November

Sales at US retailers rose less than forecast in November, representing a pause in spending after robust gains in the previous two months. The 0.1% adva...

Pernod Ricard To Push Absolut Vodka To US Millennials

Pernod Ricard is to target its vodka brand Absolut at US millennials in supermarkets, with its managing director, Paul Duffy, saying that a successful impl...

US The Kroger Co. Appoints New Group VP & CDO

US retailer The Kroger Co. named its new group vice president and chief digital officer, Yael Cosset, on Tuesday Kevin Dougherty, 63, has held...

Alibaba Finance Arm Tours Silicon Valley As It Preps For IPO

A team of executives from Alibaba Group Holding Ltd’s banking and payments arm recently visited Silicon Valley to size up potential investments and l...