Victoria Craig
Fox Business
New York, NY, United States
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Past articles by Victoria:
Supervalu CFO to depart for outside opportunity
Supervalu said Tuesday its chief financial officer, Bruce Besanko, has resigned from the company effective July 5 to pursue outside opportunities. → Read More
Fortune 500 companies get their own indices in Barclays, Fortune agreement
Investors can now more easily follow the performance of Fortune 500 companies thanks to a new family of stock-market indices introduced through a partnership between Time-owned Fortune and Barclays. → Read More
McDonald's delivery, new store formats could have sizable impact: Wells Fargo
McDonald’s efforts to streamline and update its business model will likely have a swift and sizable payoff, said Wells Fargo restaurant and foodservice analysts Monday. → Read More
Walmart not a potential bidder for Whole Foods
A Walmart (NYSE:WMT) executive told FOX Business late Friday the world's biggest retailer has never been interested in making a bid for Whole Foods Market (NASDAQ:WFM), removing a possible suitor for the struggling upscale grocer that Amazon (NASDAQ:AMZN) said last week it would buy in a $13.7 billion deal. → Read More
Kroger, Walmart have time to bid for Whole Foods, but is it worth it?
The $13.7 billion deal has yet to be signed and sealed, so there’s still time for other competitors to ignite a bidding war for the struggling grocery chain…the question is: Will the effort be worth it? → Read More
Sears to close more stores amid retail industry tumult
Struggling department-store retailer Sears on Friday said it will shutter another 20 stores – including 18 Sears stores and two Kmart locations – by mid-September, as it continues to respond to an industry-wide shift in consumer shopping habits that’s hitting traditional retailers particularly hard. → Read More
Bed Bath & Beyond shares sink, CEO hints at store closures
Shares of home-furnishings retailer Bed Bath & Beyond sank more than 12% on Friday, on pace for their lowest closing level since 2009, after earnings missed expectations amid continued challenges in a highly competitive retail environment. → Read More
Sears Canada files for creditor protection amid restructuring efforts
Sears Canada on Thursday filed for creditor protection as it seeks to continue restructuring its struggling business. → Read More
Brexit one year later: Uncertainty still reigns
With divorce talks officially underway a full 365 days after the vote heard ‘round the world, investors and economists have more questions than answers about the future of the United Kingdom’s relationship with the European Union in a post-Brexit world. → Read More
Big banks pass first round of Fed's annual stress tests
Thirty-four of the biggest U.S. banks have the financial strength to survive the next global recession, the Federal Reserve said on Thursday. → Read More
Qatar Airways wants 10% stake in American Airlines
American Airlines Group said on Thursday Qatar Airways had expressed interest in buying a 10 percent stake in the U.S. airline. → Read More
Sears Canada may seek court protection against creditors
Less than a week after announcing it was exploring strategic alternatives to finance its business, Sears Canada is reportedly preparing to seek court protection against its creditors. → Read More
Stop obsessing over the Fed's 2% inflation target
Obsessing over the central bank's 2% inflation target is short sighted, said BlackRock’s chief investment officer of global fixed income, Rick Rieder. → Read More
Snap rival Instagram Stories' growth weighs on shares
Shares of Snap, the parent company of disappearing-messaging app Snapchat, slipped as investors fretted about increased competition from Facebook’s Instagram Stories rival. → Read More
Whole Foods CEO Mackey: Amazon deal will be ‘amazing’ for customers
After Amazon.com completes its takeover of high-end grocer Whole Foods Market, it might launch another brand with different standards, the grocery chain's chief executive said. → Read More
Bebe lives on: Global Brands Group revives retailer online
he fashion apparel maker, which shuttered all of its bricks-and-mortar store locations last month after a four-decade industry run, will get new life as an e-commerce retailer. → Read More
Hudson's Bay's new activist sees value in real estate not brands
After failing to secure takeover deals with Macy's and Neiman Marcus, Canada's Hudson's Bay has now found itself the target of an activist investor. → Read More
Grocery stocks rebound after sinking on Amazon's Whole Foods buy
Investors put battered grocery-store names on their shopping lists Monday, helping lift the broader market amid a rally in technology shares, after sending them plunging Friday in the wake of Amazon’s stunning $13.7 billion Whole Foods buy. → Read More
Amazon to buy Whole Foods in $13.7B deal
E-commerce giant Amazon announced Friday it will snap up struggling grocery chain Whole Foods Market for $42 per share in an all-cash deal valued about $13.7 billion. → Read More
McDonald's, Olympics end sponsorship deal early
After the 2018 winter games, Olympians craving a Big Mac during the international sporting event will have to hunt for another high-calorie snack. → Read More