[ad_1] The proposed merger of U.S. grocery giants Kroger and Albertsons, and sale of assets to C&S Wholesale Grocers, will be later than previously anticipated as the companies continues discussion…
Tag: Specialty Retailing
Ocado Sees Further Revenue Growth Supported by Volumes
[ad_1] Ocado Group said it expects revenue to further increase in fiscal 2024 supported by volume growth after a record Christmas performance. The online grocer and retail-technology specialist on Tuesday…
Renting Clothes Was Supposed to Be the Future of Fashion. Then Shoppers Got Bored.
[ad_1] Rent the Runway is betting that clothing from designers Diane von Furstenberg and Jason Wu can get customers to keep their subscriptions. Rival clothing subscription service Stitch Fix is…
Luxury Hand-Me-Downs Are Now Worth Billions of Dollars
[ad_1] As much as luxury companies would love to stamp out the secondhand trade in their products, it’s an impossible task. All the better for fashionistas and investors, who can…
WSJ News Exclusive | CVS is Closing Pharmacies Inside Some Target Stores
[ad_1] CVS Health plans to close dozens of pharmacies inside Target stores at a time when pharmacy chains are struggling to grow retail profits. CVS will close the pharmacies between…
Sainsbury’s Backs Guidance After Christmas Sales Boost
[ad_1] Updated Jan. 10, 2024 2:49 am ET J Sainsbury backed its guidance for fiscal 2024 after reporting robust growth in grocery sales during the Christmas period. The British grocer…
WSJ News Exclusive | PepsiCo, Grocery Giant Bicker Over Who Dumped Whom
[ad_1] A breakup over grocery prices got messier Monday when PepsiCo said that it, not supermarket chain Carrefour, initiated the split. PepsiCo said that it had decided to stop supplying…
Walgreens to Pay Humana $360 Million to Settle Drug-Pricing Dispute
[ad_1] Walgreens Boots Alliance has agreed to pay $360 million to insurance company Humana to settle a lawsuit alleging the retail-pharmacy chain overcharged for prescription-drug reimbursements. Walgreens disclosed the settlement…
The Woman Shaking Up the $50 Billion Instant-Ramen Industry
[ad_1] Kim Jung-soo invented a super-spicy brand of noodles currently on the shelves of Walmart, Costco and major U.S. grocers. [ad_2] Source link