International Grocery News
Aldi Promotes Long-Serving US CEO To Global Role
Aldi US has announced that its Chief Executive, Jason Hart, has been promoted to join the Executive Board of Aldi Süd as Group Chief...
Mondelēz Taking Legal Action Against Aldi
Mondelēz International is reported to be suing Aldi in the US, alleging it has copied the packaging designs of some of its snack lines.
According...
Costco Rules Our Price Rises For Now
After missing analyst expectations for third-quarter revenue at the end of last week, Costco stated that raising prices would be a “last resort”, unlike...
E.l.f. Beauty Paying $1bn For Hailey Bieber’s Makeup Brand
E.l.f. Beauty has agreed a $1bn deal to acquire Rhode, the makeup and skincare brand founded by model Hailey Bieber.
E.l.f. will pay Rhode shareholders...
General Mills Kicks Off Global Restructuring Initiative
General Mills, the maker of products such as Cheerios, Nature Valley, and Old El Paso, has approved a multi-year global restructuring plan that aims...
Rémy Cointreau Appoints New CEO Amid Downturn In Sector
Franck Marilly has been appointed as the new Chief Executive of French cognac maker Rémy Cointreau, replacing Eric Vallat, who announced his departure last...
World’s Biggest Retailer Cutting Jobs
Walmart is planning to cut about 1,500 jobs as part of a restructuring process to simplify its operations.
According to a memo seen by Reuters,...
Nestlé Boss Says His Predecessor ‘Weakened The Fabric’ Of The Company
Nestlé Chief Executive Laurent Freixe said his predecessor’s forays into new product categories that included health supplements “weakened the fabric of the organisation”, as...
Target Sales Fall Sharply In First Quarter As Customers Worry About...
Sales at Target fell more than expected in the first quarter, and the US retailer warned they will slip for all of 2025 as...
Kraft Heinz Looking For Acquisition Opportunities
Kraft Heinz has hinted that it is evaluating potential merger and acquisition opportunities after seeing demand for its snacks and meals take a hit...