US

Kravis Joins Demi Moore, John Legend in Bet on Organic Food

Thrive Market, an online seller of organic food and natural products, has added prominent Wall Street names to its list of investors, which already include...

Kroger Hires Southern Wine & Spirits To Arrange Drinks Shelves

Kroger has contracted Southern Wine & Spirits, the biggest wine and spirits distributor in the United States, to arrange product-shelving for its a...

Lidl Earmarks East Coast Locations For 2018 US Openings

Lidl has earmarked a number of East Coast locations in the United States for its entry into the US grocery sector, and has given a list of criteria on its...

Walmart Announces Sweeping Pay Increases For US Employees

Walmart has announced that more than 1.2 million of its employees in the US are going to receive a pay rise from February 20 of this year, as part of the s...

Wal-Mart US Closures Underline Change In Retail Landscape: Conlumino

Wal-Mart has scaled back its store numbers in the US in a move retail research agency Conlumino says underlines how much the retail landscape has changed i...

Diageo Sells UK And US Wine Businesses

Drinks giant Diageo has confirmed the sale of its major wine interests in the UK and the US, as the company follows through on its plans to focus on spirit...

Ripshtein Named As Diageo US Chief Financial Officer

The CEO of Diageo’s Canadian division, Jakob Ripshtein, will also act as the Chief Financial Officer of the multinational’s North American...

Ornua Sells Majority Stake In DPI Specialty Foods

Ornua has sold a majority stake in its US food distribution business DPI Specialty Foods to Chicago-based private equity firm, Arbor Investments. Ornua...