SUBSCRIBERS
Amazon gets all the headlines, but Lidl is still the grocer to watch
Published Sun, Jan 7, 2018 · 09:50 PM
Washington
THE price war in the American grocery aisle is getting more intense. And believe it or not, the reason isn't Amazon.com.
Amazon's debut as a brick-and-mortar grocery chain last year sent tremors through the supermarket industry, with Kroger Co and other established players losing billions in market value. But with its plans for Whole Foods developing slowly, Amazon is looking like less of a short-term threat.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Consumer & Healthcare
Sheng Siong Q1 net profit up 9.3% on higher revenue
Nestle sales growth sputters on US slump, vitamin snags
Hermes Q1 sales jump 17% on strong China demand
Cordlife’s independent auditor to retire after issuing disclaimer of opinion on FY2023 financials
Cutting the cord?: Events leading up to Cordlife’s MOH suspension and arrests of its directors, ex-group CEO
Cordlife customers push for legal action