Kraft Heinz appoints Carlos Abrams-Rivera as CEO amid slump in demand
Kraft Heinz has chosen Carlos Abrams-Rivera, the current North American president of the company, as its new chief executive officer,…
All articles by Mohamed Dabo
Mohamed Dabo
Mohamed Dabo is a seasoned journalist with extensive experience in financial reporting. He brings a wealth of knowledge from his previous work in the United States and France, along with his numerous contributions to business and financial publications over the years.
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Declining female retail CEO numbers raise gender representation concerns
In a recent trend that has drawn attention from industry observers, several major companies in the retail sector have made…
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Credit Suisse lifts Walmart’s target price ahead of earnings release
Credit Suisse has recently increased its price target for Walmart in anticipation of its upcoming earnings report. This move suggests…
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US retailers drive $14bn in revenue to Black-owned businesses
Several major retailers and brands have contributed a total of $14bn in revenue to Black-owned businesses since May 2020 as…
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Hong Kong retail sales surge to HK$33.1bn in June
Hong Kong's retail sales in June rose by 19.6% compared to the same period last year, marking the seventh consecutive…
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Food price inflation slows, caution remains amid challenges
Research conducted by the British Retail Consortium (BRC) and retail analysts NielsenIQ has revealed a positive trend in the rate…
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Retailers clash with payment firms over credit card fee bill
A new US legislative effort, known as the Credit Card Competition Act, is causing a showdown between retailers and major…
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Home Office secretly endorses facial recognition at retail outlets
UK Home Office officials have been caught in a secret plan to lobby the independent privacy regulator in an effort…
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German June retail sales below expectations
The German retail sector experienced a slightly stronger decline in sales in June than initially anticipated. According to preliminary data…
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EU initiates retail sector’s green and digital transformation
In a significant move towards advancing the green and digital transformation of the retail and wholesale sector, the European Commission…