French Tie-Up Aims To Put More Fizz In Champagne Market
Two of Champagne’s leading producing cooperatives, Nicolas Feuillatte and Castelnau, have agreed to merge in a bid to become one of the three biggest...
Italy Fines Amazon Record €1.13bn For Abuse Of Market Dominance
Italy’s antitrust watchdog said today that it had fined Amazon €1.13bn for alleged abuse of market dominance in one of the biggest penalties imposed...
Aldi Launches New Store Concept With Fresh Food Market Experience
Aldi is launching a new store concept in Belgium, in which the fresh food offer takes on an even more prominent role.
Read the full...
Ahold Raises 2021 Outlook After Robust Q3 Performance
Shares in Ahold Delhaize rose 4% today, hitting a two-decade high after the supermarket giant upgraded its full-year guidance following the release of relatively...
Carrefour Outlines Plans To Put Digital At The Heart Of Its...
Carrefour, Europe’s largest grocery retailer, is planning to spend €3bn between 2022 and 2026 to ramp up its digital commerce operations.
An e-commerce acceleration -...
Sales Growth Slows At Carrefour; Still On The Offensive
Carrefour saw its sales growth slow in the third quarter due to tough comparables and weaker performance in its core French market where the...
Danone Remains On Track Despite Cost Headwinds
French food & drink giant Danone has kept its profit guidance for this year despite facing rising costs and slower sales growth in its...
Carrefour Backs Away From Potential Merger With Auchan
A potential merger between French grocery giants Carrefour and Auchan appears to be off the cards after a break down in talks.
Rumours at the...
Lidl Enters Another Market In Europe
Lidl has announced it will start operating in Latvia this week.
The discounter will simultaneously open 15 new stores throughout the country tomorrow and revealed...
Carrefour Rumoured To Be Eyeing Merger With Auchan
Two of the largest supermarket operators in France are rumoured to be considering a merger.
French newspaper Le Monde reported yesterday that Carrefour’s Chief Executive...