News

Starbucks in $7.2 billion deal with Swiss food giant
Starbucks Corp. is joining forces with Nestlé, the world’s largest packaged food company.
A.T. Kearney: Retailers in for big hit if U.S. exits NAFTA
New tariffs, reduced retail spending, and lost jobs are among the outcomes if the United States exits the 24-year-old North American Free Trade Agreement.

Walmart reportedly beats Amazon for Flipkart

It appears that the battle over India’s e-commerce giant is nearly over.
Alibaba’s revenues surge in Q4

Alibaba continued its strong financial performance in the fourth quarter, driven by the company’s marketplaces and cloud computing division.
Done deal for Supervalu

Supervalu has shed most of its Farm Fresh store portfolio.
Destination Maternity in proxy battle

The nation’s largest maternity apparel retailer is facing a challenge from an activist shareholder group at its annual meeting on May 23.
Survey ranks the best—and worst—states for business

The Lone Star State is business-friendly — and then some.
New name for grocery wholesale retailer

Cash&Carry Smart Foodservice is rebranding itself.
America’s most loved brands are…

Four retailers rank among the top 25 most loved brands in the United States.
Wayfair’s loss widens in Q1

Despite an increase in active shoppers and higher spending among repeat customers, Wayfair’s loss deepened during the first quarter of 2018.
Study: Tariffs against China would kill 140,000 jobs, with 10 states hit hardest

The Trump administration’s proposed tariffs on $50 billion of Chinese imports, coupled with retaliation promised by China, would take a big toll on the U.S. economy.
Two men arrested in Philly reach agreement with Starbucks and the city

Starbucks Coffee Company and the city of Philadelphia have both reached settlements with the two men involved in a racially charged incident on April 12 at a Starbucks location in the city.