Bloomberg Kroger Co lifted its annual profit outlook for the year, but it wasn’t enough to thrill investors as Wall Street fretted about inflation’s toll on shoppers amid the grocer’s push to buy Albertsons Cos. A moderate comparable-sales forecast for the current quarter suggests a slowdown after Kroger handily beat analyst estimates in the previous three-month period. That’s fuelling ...

Bloomberg A lackluster Black Friday in the UK added to an already muted Christmas season, leaving retailers with a problem: too much stock. Marks & Spencer Group Plc, Next Plc and Hotel Chocolat Group Plc are all trying to tackle high inventories that are forcing some British retailers to take on costly warehouse expenses and contemplate even steeper discounts. According ...

  Bloomberg Families flying abroad for Christmas face strikes at Heathrow airport, with baggage handlers set to walk out for three days just as the end of the school term triggers a mass exodus via the London hub. About 350 staff at Menzies Aviation, which provides ground-handling services for carriers including American Airlines and Deutsche Lufthansa AG, will strike from ...