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Walmart recovers, JD.com weakens – Alibaba Gr Hldgs (NYSE:BABA), Costco Wholesale (NASDAQ:COST)


Walmart recovers, JD.com weakens – Alibaba Gr Hldgs (NYSE:BABA), Costco Wholesale (NASDAQ:COST)

Key findings: Walmart sold its stake in JD.com at a time when its Chinese business is benefiting from a growing local preference for Costco’s warehouse-style shopping. JD.com continues to face strong competition in China’s tough e-commerce market as consumption in the country remains sluggish By Xiao Lin There are no eternal allies […]

Performance Food Group sees tailwind from disinflation in 2025 – SpartanNash (NASDAQ:SPTN), Performance Food Gr (NYSE:PFGC)


Performance Food Group sees tailwind from disinflation in 2025 – SpartanNash (NASDAQ:SPTN), Performance Food Gr (NYSE:PFGC)

Performance Food Group Co. PFGC is one of the largest food distributors in the United States. The company sources, markets and delivers food and food-related products to over 125,000 food service businesses through a network of over 150 distribution facilities. The company is acquiring food distributor Cheney Brothers for $2.1 billion, which will expand its […]