USA

Costco Beats Q1 Estimates As Grocery Demand Booms During Pandemic

Costco Wholesale Corp beat market estimates for first-quarter profit and revenue as pandemic-wary consumers staying at home bought more groceries, liquor a...

Kroger Raises 2020 Same-Store Sales Forecast As Customers Stockpile

US supermarket operator Kroger Co raised its 2020 same-store sales forecast on Thursday, as a resurgence in COVID-19 cases has prompted customers to stock...

Costco Sees Sales Up 16% In First Quarter

Costco Wholesale Corporation has announced a 16.0% increase in comparable sales in the first quarter of its financial year, to $46.33 billion (€38.2 b...

Target Sales Soar As Same-Day Delivery Powers Online Demand

Target Corp blew past Wall Street expectations for quarterly same-store sales on Wednesday as more Americans used the big-box retailer's quick delivery ser...

Container Freight Rates Soar On Consumer Goods Boom, Supply Chain Kinks

Global container shipping rates have surged to records on a spike in restocking demand in the United States and Europe, container scarcity at export hubs,...

Walmart Beats Same-Store Sales Estimates On Buoyant Online Demand

Walmart Inc posted a bigger-than-expected increase in quarterly same-store sales on Tuesday as a 79% surge in its online business powered overall rises in...

Americans Don't Eat Enough Fish And Miss Out On Robust Health Benefits

Eating fish can provide powerful advantages for the heart and brain, yet Americans eat less than half of the 26 pounds per year that experts recommend. By...

US Food Retailer AWG Teams Up With WITRON For New Logistics Centre

Associated Wholesale Grocers, Inc. (AWG) is building a state-of-the-art, highly automated, full-range logistics centre in Hernando, Mississippi, in associa...