Latest news with #supermarketchain
CNA
3 days ago
- CNA
Man in Hong Kong arrested for adding urine to supermarket drinks
Scroll up for the next video X Man in Hong Kong arrested for adding urine to supermarket drinks
Bloomberg
15-07-2025
- Business
- Bloomberg
Albertsons Raises Sales Forecast on Strong First Quarter
Albertsons Cos. raised its sales forecast for the full year, suggesting that consumers are eating more at home to save money. The nation's second-biggest supermarket chain said it now expects identical sales to grow as much as 2.75%, versus previous guidance for a gain as high as 2.5% increase.
Bloomberg
09-06-2025
- Business
- Bloomberg
Korea's Latest Credit Scare Clouds Funding for Riskier Firms
The surprise decision by a private equity-owned supermarket chain in South Korea to seek a court-led restructuring is reigniting jitters in the local credit market, creating an early test for the new administration of President Lee Jae-myung. There hasn't been a won corporate bond issued since March with a BBB rating, the second-lowest investment grade, in the longest such drought in 14 months, according to data compiled by Bloomberg. Spreads on the lowest high-grade debt are hovering near their highest in half a year, the data show. That's adding to strains at weaker borrowers even as better-rated firms carry on debt financing as usual.
