By Jonathan Birchall in New York Whole Foods Market, the largest US organic and natural supermarket, is slowing its rate of new store openings and suspending its quarterly dividend, as its sales growth falters amid economic...
Renaud Dutreil, a former French government minister, is to head the US operations of LVMH Moët Hennessy Louis Vuitton, in an unusual move that reflects the increasing importance of the US market to European luxury brands,...
By Jonathan Birchall in New York Amazon, the online retailer, wants to sell more goods and digital downloads for loyalty programme points rather than money, as it builds on its experiences supporting a points-redemption...
By Jonathan Birchall in New York The long-running and costly legal feud between Mattel (NYSE:MAT) , owner of the iconic Barbie doll, and MGA Entertainment's rival Bratz line will this week enter a potentially decisive stage in...
By Jonathan Birchall in New York Coca-Cola , that most American of companies, has been hit by a large writedown in the value of the US operations of its largest bottler. Coca-Cola Enterprises on Thursday announced a $5.3bn...
By Jonathan Birchall in New York Coca-Cola Enterprises, Coke’s largest bottling partner, on Thursday announced a $5.3bn non-cash write-down to reflect a decline in the value of its North American business, citing broad economic...
By Jonathan Birchall in New York Kimberly-Clark warned on Tuesday that it would have to make a series of price increases over the coming months before it could offset what it called “unprecedented” increases in its costs of...
By Jonathan Birchall in New York Jim Stengel is stepping down as global marketing officer at Procter & Gamble, the world’s biggest consumer goods company and also the world’s largest advertiser. Mr Stengel, who is 53, will be...
By Jonathan Birchall in New York Wal-Mart, the world’s largest retailer, has joined a global programme aimed at eliminating illegal and unsustainable logging in the latest step in a drive to improve its environmental and social...