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Tag: pressure

Grocery sales are rising but so is the pressure on profits, analyst says

Woman shops for groceries. Twenty20 Walmart continues to lead the U.S. grocery sector, but the gap with its rivals is narrowing, and pressure on profits is rising, according to a new report from Loop Capital Markets. Walmart has a 22% share of the $847 billion U.S. grocery industry, according to analyst Andrew Wolf. The retailer’s …

Grocery sales are rising but so is the pressure on profits, analyst saysRead More

Chick-fil-A’s first UK location will close after pressure from LGBTQ rights group

French fries and a fried chicken sandwich are arranged for a photograph at a Chick-fil-A restaurant. Michael Nagle | Bloomberg | Getty Images Chick-fil-A opened its first location in the United Kingdom in early October. A little more than a week later, the British shopping center leasing the location has already said it will not …

Chick-fil-A’s first UK location will close after pressure from LGBTQ rights groupRead More