Special Sections

by The City Wire staff -

Tesco to pull out of U.S. market

In the highly competitive U.S. grocery space, Tesco says it’s had enough. Abandoning the “Fresh & Easy” grocery model in the U.S. will cost the company about $1.5 billion in…

by The City Wire staff -

J.C. Penney CEO Ron Johnson is out

Former Apple executive Ron Johnson was outsted from his CEO role at Dallas-based J.C.Penney on Monday, (April 8), according to CNBC. J.C.Penney said Mike Ullman, will step in as interim…