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Retail Distributors

  • BERLIN, June 16- Zalando set out a target to double in size by 2020 as Europe's biggest pure online fashion retailer announced a raft of new partnerships that underline its ambition to move from being just a wholesaler to a provider of services to brands. Founded in Berlin in 2008, Zalando has expanded rapidly and now delivers 1,500 brands in 15 countries, but is...

  • BERLIN, June 16- Zalando set out a target to double in size by 2020 as Europe's biggest pure online fashion retailer announced a raft of new partnerships that underline its ambition to move from being just a wholesaler to a provider of services to brands. Founded in Berlin in 2008, Zalando has expanded rapidly and now delivers 1,500 brands in 15 countries, but is...

  • *Quarterly UK like-for-like sales beat forecasts. LONDON, June 16- Tesco, Britain's biggest retailer, has cemented its recovery, reporting its strongest quarterly sales performance in its home market in seven years despite rising prices. The group, which in January agreed to buy wholesaler Booker for 3.7 billion pounds, said on Friday that UK like-for-like...

  • WASHINGTON, June 13- U.S. producer prices were unchanged in May as energy costs recorded their biggest decline in more than a year, suggesting a moderation in inflation after a rise at the start of the year. "Inflation down at the producer level of the economy's factory-to-consumer supply chain remains on the warm side, which is in keeping with the economy moving...

  • The company's shares were up 6.2 percent at $150.30 in after-market trading on Thursday. The company said it expects fiscal 2018 adjusted earnings of $11.75- $12.45 per share. However, Walgreens Boot Alliance deal for Rite Aid in 2015 cast doubts over that contract.

  • LONDON, May 18- British wholesaler Booker still expects its 3.7 billion pound takeover by Tesco to be completed by early 2018 at the latest, it said after reporting annual results on Thursday, despite regulatory hurdles that analysts said could make the timetable optimistic. Though the companies announced the deal in January, Britain's Competition& Markets...

  • LONDON, May 18- Booker, the British wholesaler that has agreed a $4.8 billion takeover by Tesco, said it still expected the deal to complete by early 2018 at the latest as it reported a 15 percent rise in annual profit. The two sides announced the combination in January and although both companies are currently engaging with Britain's Competition and Markets...

  • LONDON, May 18- Booker, the British wholesaler that has agreed to a 3.7 billion pound takeover by Tesco, on Thursday reported a 15 percent rise in annual profit, reflecting progress across the catering and retail supply sides of the business. It said it made a pretax profit of 174 million pounds in the year to March 24. "We are continuing to assist the UK competition...

  • "This mornings data suggested a firmer pace of inventory investment in the first quarter but a somewhat smaller contribution to growth in the second quarter," Goldman economists Spencer Hill and Avisha Thakkar wrote in a research note.

  • *Q1 earnings $1.77/ shr vs estimate of $1.68/ shr. *Raised fiscal 2017 adjusted earnings to $5.77 to $5.92 per share. Leerink Partners analyst David Larsen said the unchanged drug pricing forecast bodes well for fiscal 2018, adding that operating margins for the quarter have been partly hurt by more rapid brand to generic conversions and not pricing.

  • *Q1 earnings $1.77/ shr vs estimate of $1.68/ shr. *Raised fiscal 2017 adjusted earnings to $5.77 to $5.92 per share. AmerisourceBerger's net income fell to $411.5 million, or $1.86 per share, in the second quarter ended March 31, from $603.5 million, or $2.68 per share, a year earlier.

  • April 27- Duracell, a unit of Warren Buffett's Berkshire Hathaway Inc, on Thursday filed a lawsuit accusing a Missouri wholesaler of illegally selling gray market versions of its copper-top alkaline batteries. According to a complaint filed in federal court in Chicago, JRS Ventures Inc is importing and selling batteries made in China that were intended for...

  • Gregory 'Greg' Maffei, chief executive officer of Liberty Media Corp., speaks during a Bloomberg Television interview in New York, U.S.

    Liberty Media CEO Greg Maffei says that media giants are adjusting to the changing landscape of subscription-based video.

  • What the gov't can do on Herbalife: Herb Greenberg

    Herb Greenberg, Pacific Square Research Partner, and CNBC's Scott Wapner, discuss Bill Ackman's attack on Herbalife's business model.

  • An employee operates a forklift at the distribution center of the Oregon Freeze Dry facility in Tangent, Oregon.

    U.S. wholesale inventories rose less than expected in December, suggesting a moderation in the pace of stock accumulation.

  • Dhanin Chearavanont, billionaire and chairman of Charoen Pokphand Group Co. (CP Group), pauses while attending a conference hosted by the Thailand-China Chamber of Commerce in Bangkok, Thailand.

    A local currency hit by months of political unrest, and skittish consumers spending less are keeping the pressure on Thai billionaire Dhanin Chearavanont.

  • In one of Herbalife's fastest-growing markets, sellers' extraordinary health claims are drawing unwanted attention.

  • Chinese lamb stew hot pot

    Shanghai authorities are testing mislabeled mutton from a wholesaler that supplies a chain of hot pot restaurants run by U.S. fast food firm Yum Brands.

  • These Are Gold's Key Levels: Pro

    Gold prices topped $1,675 an ounce, rising along with the euro after the European Central Bank gave no hints on near-term rate cuts.