Amazon buy-out of Whole Foods a ‘wake-up’ for retailers

Amazon's acquisition of organic food store company Whole Foods for $13.7 billion (£10.7 billion) is likely to take it head-to-head with the major retailers in the US and UK, market analysts have said.

Majestic ‘past tipping point’, but profits down

Majestic is ‘past the tipping point’ both financially and operationally, CEO Rowan Gormley said today as the retailer reported double digit sales growth – but profits for the year still took a hit.

Tesco: ‘better position to navigate challenging market’

The UK’s biggest food and drink retailer saw sales rise 4.3% to £49.9 billion, in its year end results, saying it was in a far stronger position to navigate the “challenging” market.

Morrisons confident after strong Q1 results

UK retailer Morrisons remains confident that it is turning around the business as it reports strong growth in the first quarter of the year.

Gallo snaps up Napa vineyard

March 27th, 2017

Diageo builds momentum

January 26th, 2017

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