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US retail sales pick up pace in September
US retail sales pick up pace in September
by  AFP

Retail sales in the United States accelerated in September, according to government data released Thursday, a positive sign for consumption as the election approaches. Overall sales rose 0.4 percent to $714.4 billion between August and September, according to Commerce Department data, beating analysts' expectations.

Nestle overhauls executive team as sales slump
Nestle overhauls executive team as sales slump
by  AFP

Nestle's new CEO lowered sales growth expectations for 2024 and announced a leadership reshuffle on Thursday in what one analyst described as a "painful reset" for the global food giant. The global packaged-food giant and its rivals had logged high sales growth in the past three years as they raised prices to make up for higher costs due to soaring inflation.

Couche-Tard executives in Japan to push 7-Eleven deal
Couche-Tard executives in Japan to push 7-Eleven deal
by  AFP

Executives from Canada's Alimentation Couche-Tard are in Japan in a bid to overcome resistance to their $47-billion takeover of 7-Eleven's parent but are being given the cold shoulder, according to interviews published Thursday.

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