Nestlé Announces Organisational And Board Changes After Sales Growth Falls Short...
Nestlé announced today that it is overhauling its senior leadership and operating structure after reporting weaker-than-expected nine-month sales growth and cutting its full-year outlook.
The...
Another Retailer Joins EMD Purchasing Alliance
European grocery purchasing alliance EMD has gained a new member, South Korean retailer Lotte.
Lotte operates in 30 countries and is active in retail, chemicals,...
Phoenix Group Making Good Progress Despite ‘Challenging’ Market
Phoenix Group, the German-based pharmaceutical wholesale and retail giant that owns the Rowlands chain in the UK, saw revenue across its 29 European markets...
French Supermarket Giants Set Up New Purchasing Alliance
Intermarché, Auchan and Casino have announced the creation of the Aura Retail alliance, which comprises five operational structures offering purchasing partnerships between the three...
SPAR Group Offloads 200 Stores In Poland
SPAR Group, the South African firm which owns Appleby Westward in the UK, has sold its loss-making chain in Poland to local retailer Specjal...
Supplier Support Helps Ahold Delhaize Deliver Better-Than-Expected Quarter
Netherlands-based supermarket giant Ahold Delhaize has beaten second-quarter core profit margin expectations, supported by solid sales performance in its US and Europe divisions and...
Beiersdorf Delivers Robust Growth Despite Weakness In China
Nivea maker Beiersdorf saw its total sales climb 7.1% on an organic basis to €5.2bn during the first half of 2024 despite the luxury...
Sales And Profits Dip At Casino Amid Turnaround Programme
Troubled French grocery retailer Casino has posted a fall in first-half earnings, dragged down by an ongoing restructuring programme, which includes the sale of...
Lidl’s Sister Chain Joins AgeCore Buying Group
Kaufland, the German grocery chain that sits alongside Lidl in the Schwarz Group, is joining the AgeCore buying alliance.
After recently leaving the EMD buying...
Mixed Half For Carrefour
Carrefour, one of Europe’s largest grocery retailers, said yesterday that it was looking to the second half of the year with confidence after strong...