International Grocery News
Shares In AB InBev Jump On Positive Profit And Debt Numbers
AB InBev, the world's largest brewer, has reported forecast-beating fourth-quarter profits and progress in cutting debts that have hung over the company for a...
Campari Restructuring To Improve Financial Health
Italian spirits company Campari has initiated a restructuring to strengthen its financial position in the wake of acquiring French cognac brand Courvoisier from Beam...
Owner Of 7-Eleven Reported To Have Picked Preferred Buyer In Asset...
Seven & i Holdings, the owner of global convenience store giant 7-Eleven, is reported to have chosen Bain Capital as the preferred buyer for...
World’s Biggest Retailer Warns Of ‘Uncertain’ Times Ahead
Walmart posted record annual results yesterday but warned that it expected to see slower sales growth this year amid concerns that policies introduced by...
Carrefour Planning More Price Cuts In ‘Sluggish’ Market
French grocery giant Carrefour stated yesterday that it would keep lowering prices this year after posting solid results for 2024.
The group’s full-year sales rose...
Convenience Stores In The US Sue Food Giant Over Alleged Price...
PepsiCo and its Frito-Lay division in the US are being sued by two convenience stores in California who claim they are being charged higher...
Douglas Group Makes Solid Start To New Financial Year
The Douglas Group, Europe’s largest beauty retailer, has posted solid first-quarter results despite weak consumer confidence, especially in Germany and France.
Total sales were up...
Sales At Nestlé Come In Ahead Of Forecasts But Warns Of...
Nestlé has reported better-than-expected sales growth despite soaring cocoa and coffee prices as its new Chief Executive Laurent Freixe presses ahead with his plans...
High Prices Impact Demand For Kraft Heinz Products
Kraft Heinz is forecasting that its profits this year will come below estimates as several years of price hikes continue to impact demand for...
TWE Drops Planned Sale Of Cheaper Wine Brands
Treasury Wine Estates (TWE) has pulled plans to sell a division that focuses on cheaper brands and reduced its annual profit forecast.
The division’s weak...
