USA

Consumer Spending in US Shows Biggest Gain in Almost Six Years

Household spending climbed in May by the most in almost six years, buoyed by gains in incomes as the US job market strengthened. Purchases increased 0.9 p...

Walmart Has $76 Billion In Overseas Tax Havens, Report Says

Walmart Stores owns more than $76 billion of assets through a web of units in offshore tax havens around the world, though you wouldn’t know it from...

Retail Sales Increase as US Consumers Propel Growth Rebound

Sales at US retailers picked up in May, a sign households are finally willing to put the gains from continued job growth and lower fuel prices to work. Th...

Americans Are Drinking Less But Spending More on Fancy Booze

The cost of going out is going up. The culprit this time isn’t bars and restaurants that hike up drink prices. It’s the growing number of Ameri...

Ahold Hire 3 New SVP's in USA

Dutch retailer Ahold has announced that it has appointed three new Senior Vice Presidents in its US operations. According to Supermarketnews.c...

Finalists Announced For Specialty Food Association’s sofi Awards

Products including Vegan Hot Fudge from Seattle, Wagyu Beef Jerky from Golden, N.M., and Grilled Olives from Central Italy, are among the 125 finalists nam...

Walgreens Closing 200 Stores In Cost-Cutting Drive

Walgreens Boots Alliance Inc. will close about 200 of its 8,232 drugstores in the US in an attempt to reduce costs and increase profits that perviously plu...

Apple Pay Failing at Checkout Counter: Survey

Two thirds of Apple's new mobile-payment system users report problems using the service at the checkout counter, a survey finds. Around 3000 of responde...

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Aldi To Reopen Bottom Dollar Stores

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