International Grocery News
PepsiCo Pays Nearly $2bn For Fast-Growing Prebiotic Soda Brand
PepsiCo is tapping into the booming market for prebiotic drinks with the acquisition of US soda brand Poppi for $1.95bn.
Poppi was founded in 2018...
European FMCG Purchasing Alliance Loses Member
Italian supermarket chain Esselunga is reported to have left Epic Partners, the European retailer purchasing alliance that negotiates deals with FMCG suppliers on an...
PepsiCo Close To Agreeing $1.5bn Deal For Better-For-You Soda Brand
PepsiCo is reported to be in advanced talks to buy healthier soda brand Poppi in a deal worth more than $1.5bn.
According to Bloomberg News,...
Dollar General Forecasts Muted 2025, Says American Shoppers Are Struggling
Dollar General joined a growing list of US retailers warning of weak annual sales and profit, and said its consumers were struggling to afford...
Trump Threatens EU With 200% Tariffs On Alcohol – Including Wine...
Donald Trump has warned the European Union he will impose a 200% tariff on its alcohol - including wine and champagne - if the...
Couche-Tard Working On Competition Concerns To Progress Takeover Of 7-Eleven Owner
Alimentation Couche-Tard (ACT) said yesterday that it was confident there is a “clear path” to overcome US regulatory hurdles in its proposed $47bn acquisition...
Costco Misses Profit Estimates; Preparing Measures To Negate Impact Of Tariffs
Costco has posted lower-than-expected second-quarter profits due to higher product costs, with the US warehouse retailer issuing cautious forecasts as it braces for tariff-driven...
Carrefour Agrees Partnership To Roll Convenience Stores In Train Stations
Grocery giant Carrefour and Lagardère Travel Retail, one of the world’s biggest airport retailers, have agreed on a partnership to roll out 150 convenience...
Owner Of 7-Eleven Unveils Restructuring Plan And New CEO To Fend...
Seven & i, the Japanese retail giant that owns the global convenience store brand 7-Eleven, has appointed its first foreign CEO and handed him...
Jack Daniel’s Hits Out At Canada Pulling US Alcohol
Canadian provinces pulling US alcohol off store shelves in response to Trump trade policy is "worse than tariffs", the boss of Jack Daniel's maker...