Recent Posts

Whole Foods prices up again post Amazon takeover

Bloomberg Amazon.com Inc. completed its takeover of Whole Foods with a bang in August, announcing a price-cutting push that generated headlines and boosted store traffic. But in the following months, Amazon hasn’t ushered in a new era of low prices, according to Chuck Grom, an analyst at Gordon Haskett Research Advisors. He found that a basket of 110 items at ...

Read More »

Airline earnings to jump 11% as fares rise, cargo rebounds

Bloomberg Global airline earnings this year will top previous forecasts and surge to a record in 2018, spurred by higher fares and burgeoning cargo demand, according to the industry’s main trade group. Net income for 2017 is likely to total $34.5 billion, $3.1 billion higher than forecast in June, the International Air Transport Association said in a statement. The figure ...

Read More »

UK retail sales rise on food as Black Friday falls short

Bloomberg UK retail sales rebounded last month, fuelled by higher food spending as Black Friday sales failed to tempt enough British shoppers to open their wallets for other things. The British Retail Consortium said sales rose 0.6 percent on a like-for-like basis after slumping the most in seven months in October. They climbed 1.5 percent in total terms. Yet the ...

Read More »
Send this to a friend