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As retailers look for signals as to when consumer spending will normalize postpandemic, macro pressures complicate the pictureAt Costco, shopping frequency in the retail giant’s U.S. business rose about 5% for the quarter ended Sept. 3, but the size of its U.S. consumers’ baskets declined 4.5%.
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Big Food vs. Big Pharma: Companies bet on snacking just as weight loss drugs boomKellogg, J.M. Smucker and other food companies are making big bets on snacking, but the rise of Wegovy and Ozempic could pose a threat to future sales growth.
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Ackman's SPARC is seeking new deals with private companies By ReutersAckman's SPARC is seeking new deals with private companies
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Ackman's SPARC is seeking new deals with private companiesPershing Square SPARC Holdings Ltd, said that it will pursue business combinations with privately-held companies after receiving regulatory approval from U.S regulators for distributing special purpose acquisition rights.
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