USA

Conagra Raises Forecast On Heightened Food Demand During Pandemic

Conagra Brands Inc raised its financial expectations for 2020 as consumers swarm stores to pick shelves clean of food items and essentials because of the l...

Energy Drink Consumption Impacted By Coronavirus In US, Says Analyst

The energy drink category appears to be one of the most affected by tightening coronavirus regulations in the US, according to Stifel analyst Mark Astracha...

HelloFresh Shares At Record High On Virus Sales Boost

Shares in meal-kit delivery firm HelloFresh jumped to a record high on Tuesday after it said it expected strong first-quarter sales and profit du...

Target Withdraws Forecasts, Curbs Spending To Meet Virus-Related Demand

Target Corp has withdrawn its financial outlook and said it would scale back on planned investments to focus on meeting surging demand as Americans stock u...

Applegreen Announces Measures To Protect Profitability During Coronavirus Crisis

Forecourt retailer Applegreen has outlined several measures to protect the company’s profitability and conserve cash amid uncertainty due to the coro...

Louis Dreyfus Posts 2019 Profit Slide, Says No Virus Hit So Far

Commodity trader Louis Dreyfus Company (LDC) reported a sharp drop in 2019 profits, confirming tough conditions on agricultural markets last year while say...

Walmart Ups Minimum Wage In E-Commerce Warehouses As Orders Surge

Walmart Inc said on Monday it has temporarily raised entry wages for workers in its e-commerce warehouses by $2, following similar moves by rivals, as...

Amid Coronavirus Crisis, US Shoppers Turn Chicken Into A Scarcity

Major US chicken companies are diverting supplies to grocery stores from restaurants to meet red-hot demand as shoppers, unnerved by worries over the new c...