International Grocery News
Brown-Forman Shrinking Workforce Amid Weaker Demand For Alcohol
Jack Daniel’s maker Brown-Forman has announced that it is laying off about 12% of its global workforce of 5,400 employees in a bid to...
Lindt Planning Further Price Hikes To Combat Higher Cocoa Costs
Lindt & Spruengli lifted its 2024 margin estimate yesterday and forecasted further sales growth for 2025, having reported annual organic growth of 7.8% after...
Costco Continued Strong Run Over Christmas
Costco saw its sales growth accelerate further over the Christmas period after its bulk and discounted offerings attracted budget-conscious shoppers to its warehouses around...
Ahold Delhaize Completes Acquisition Of Profi Rom Food
Ahold Delhaize has announced the completion of its acquisition of Romanian grocery retailer Profi Rom Food SRL (Profi) from MidEuropa for an enterprise value...
JDE Peet’s Falls Out With Retailer Over Rising Coffee Prices
Belgian supermarket chain Colruyt has stopped some of its orders from JDE Peet’s, the owner of coffee brands such as Douwe Egberts, Kenco, and...
Hike In Promotions To Win Back Shoppers Hits Profits At General...
General Mills, the owner of brands such as Cheerios, Nature Valley, and Old El Paso, has cut its annual profit forecast after ramping up...
Nestlé Launches Protein Shots For Weight-Loss Drug Users
Nestlé is launching protein shots in the United States, which it says help suppress appetite for people looking to shed pounds, the latest effort...
Seven & i Planning Hundreds Of New Stores In US And...
Japan’s Seven & i Holdings has confirmed that it plans to open 500 new 7-Eleven convenience stores in the US and Canada through 2027.
Last...
Costco Tops Quarterly Estimates
Costco has beaten first-quarter revenue and profit expectations after its bulk and discounted offerings attracted budget-conscious shoppers to its warehouses around the world.
Over the...
Albertsons Demands Billions From Kroger After Termination Of Merger Deal
Albertsons has filed a lawsuit against Kroger after their proposed $24.6bn merger was blocked by two separate judges amid concerns that the largest supermarket...
