Discount Stores
Earnings Season Surprises: Coca-Cola Delivers, GM Struggles Under Tariff Pressure
Positive earnings beats dominate Q2 so far, but Trump’s tariffs begin to squeeze industrial giants like GM As second-quarter earnings...
Ferrero to Acquire WK Kellogg for $3.1 Billion in Strategic Breakfast Expansion
Deal strengthens Ferrero’s U.S. presence as sugary cereal giant WK Kellogg joins candy empire Ferrero, the Italian confectionery giant known...
Kroger Shares Surge 9% After Sales Forecast Hike Despite Mixed Quarter
Grocery giant raises same-store sales outlook while navigating leadership uncertainty and a tough retail landscape Kroger (KR) stock jumped 9%...
Walgreens Goes Private in $10 Billion Sycamore Deal Amid Retail Pharmacy Struggles
A Century-Long Public Market Presence Ends as Industry Pressures Mount Walgreens Boots Alliance (WBA) has sealed a $10 billion deal...
Walmart Posts Strong Q4 Growth, Boosted by eCommerce and Advertising
Retail Giant Reports 4.1% Revenue Increase, Raises Dividend by 13% Walmart (WMT) reported a strong fourth quarter, with revenue rising...
CVS Surges 8% After Beating Q4 Earnings Expectations
Retail and Pharmacy Segments Show Strength Amid Industry Challenges CVS Health (CVS) beat Wall Street expectations with its fourth-quarter and...
Walgreens Beats Q1 Estimates Amid Strategic Shift and Ongoing Challenges
Revenue growth and cost-cutting measures drive optimism as the company navigates its transformation Walgreens Boots Alliance (WBA) exceeded Wall Street...
Mondelez Eyes Hershey in Potential Blockbuster Deal
Acquisition talks could reshape the global chocolate industry Mondelez International (MDLZ), the maker of iconic brands like Cadbury and Oreo,...
Walmart Exits JD.com Stake: A Strategic Shift in China’s E-Commerce Landscape
US Retail Giant Sells $3.6 Billion Stake Amid Sluggish Growth and Changing Market Dynamics Walmart (WMT) has sold its stake...
Costco’s Strong June 2024 Performance and Upcoming Membership Fee Increase
Exceptional Sales Growth and Strategic Membership Adjustments Position Costco for Continued Success Costco has demonstrated robust performance in June 2024,...
