US

Rémy Wants To Fix US Inventory Problems By Year-End, Profits Fall

Rémy Cointreau's CEO recently said that he aimed to end the year with a "sound" level of stock in the United States but it was unclea...

Shoppers Click 'Buy' As Retailers Slash Prices Ahead Of Cyber Monday

Holiday shoppers in the US are seeking out the best deals and strategically nabbing the deepest discounts ahead of Cyber Monday, according to data from ret...

HelloFresh Warns On Profit As North American Unit Disappoints, Shares Tumble

HelloFresh cut its annual core profit outlook and narrowed down its revenue growth guidance after market close on Wednesday, flagging lower than expec...

Mars To Buy Britain's Hotel Chocolat

Britain's Hotel Chocolat agreed to a £534 million takeover offer from Mars Inc, as the specialist chocolatier succumbs to the US food giant to help i...

US Retailers Stuck With Excess Stock Offer Bargains As Holiday Season Nears

As the holiday shopping season approaches, major US retailers from Dollar General to Walmart and Macy's could be saddled with too much...

Tyson Foods Forecasts Downbeat Annual Revenue On Slowing Meat Demand

US meatpacker Tyson Foods recently forecast revenue for its next fiscal year below Wall Street estimates after fourth-quarter sales missed expectation...

AB Foods 'Not Worried' About Food Demand Impact Of New Weight-Loss Drugs

Associated British Foods, one of the world's biggest producers of bread, cereals and hot drinks, is not concerned about the impact on demand from new appet...

Coty Raises Annual Core Sales Outlook As Fragrances, Cosmetics Drive Demand

Coty recently raised its annual core sales forecast on the back of higher pricing and strong demand from customers who snapped up the CoverGirl parent...