What's in store for US grocers in 2009?

Sound bites – The year ahead for US food retailers

The US retail market is arguably at the epicentre of the economic downturn and even though food retailers may be…

US: Target eyes savings with job cuts

US retailer Target has said that it will eliminate 9% of head office staff in a bid to cut costs.…

US: Whole Foods attracts more private equity investment

Whole Foods Market has attracted more private equity investment after US fund Yucaipa Cos. disclosed that it has bought a…

US: Wal-Mart cuts earnings outlook

Wal-Mart, the world’s largest retailer, cut its earnings forecast today (8 January) after posting Christmas sales that failed to meet…