J Sainsbury PLC said Wednesday that it expects to deliver profits for fiscal 2023 toward the upper end of its current guidance following record trading during the Christmas…
Read more J Sainsbury sees 2023 profit toward upper end of views on robust Christmas periodIt may not have been a surprise to see the consumer discretionary sector of the S&P 500 get hammered last year amid talk of a looming recession while…
Read more 18 stock picks in a ‘Goldilocks’ scenario for U.S. consumersOcado Group PLC OCDO, +34.46% said Tuesday that it and Lotte Shopping Co. have signed a partnership to develop Lotte’s online business in South Korea with the Ocado…
Read more Ocado signs partnership with South Korea’s Lotte ShoppingWith inflation still an untamed threat, Friday’s announced merger of the grocers Kroger and Albertsons will spur debate about whether the consolidation will raise food prices, or lower…
Read more Kroger and Albertsons Say Their Merger Will Cut Prices. Their Shares Are Tumbling.
