Beacon Roofing Supply has started soliciting interest from potential buyers as it looks to fend off an $11 billion takeover bid from rival QXO Inc., people familiar with the matter said.
January 24, 2025Search
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Seth Clevenger and Mike Senatore dive into the Transport Topics Top 100 list of the largest logistics companies. They address trade challenges, mergers, sector trends and more.
Amazon Layoffs Prompt Canada to Review Government Deals
Canada’s industry minister said Amazon’s decision to shut down all warehouses in Quebec and cut close to 2,000 jobs would prompt the government to examine its current deals with the company.
January 24, 2025Walmart Raises Pay for Market Managers
Walmart Inc. is raising compensation for some managers as the big-box retailer seeks to attract and retain staff.
January 24, 2025ADM Stops Loading Grain Vessels in Louisiana Amid Snowstorm
One of the world’s biggest crop traders has halted loading of grain vessels at U.S. Gulf terminals as the region’s worst snowstorm in 130 years slams the region.
January 22, 2025Amazon to Close All Warehouses in Quebec
Amazon.com Inc. will shut down all warehouses and lay off employees in the French-speaking Canadian province of Quebec.
January 22, 2025FTC Accuses PepsiCo of Price Discrimination Favoring Walmart
The FTC sued PepsiCo on Jan. 17, alleging that it has engaged in illegal price discrimination by giving unfair price advantages to Walmart at the expense of other vendors and consumers.
January 17, 2025United Rentals to Buy H&E Equipment Services for $3.4B
United Rentals Inc. agreed to buy H&E Equipment Services Inc. for $3.4 billion in cash, gaining a fleet of equipment to serve construction and industrial markets.
January 14, 2025Walgreens Shares Soar 28% After Sales Beat Forecasts
Revenue came to $39 billion for the fiscal quarter ended in November, driven by higher prices for branded drugs and prescription volumes at the company’s U.S. retail pharmacy division.
January 10, 2025Albertsons Raises Profit Guidance After Dropping Kroger Deal
Albertsons Cos. raised its adjusted earnings outlook for the full year, a positive sign for the grocer seeking to pave a new path after its proposed deal with Kroger Co. fell apart.
January 8, 2025Value-Seekers Drove 2024's Retail Trends and Dead Ends
Value was in vogue in 2024. Shoppers and restaurant patrons in the U.S. were choosy about where and how to spend their money as they wrestled with high housing and food prices.
December 30, 2024