International Grocery News
Another Disappointing Quarter For Kraft Heinz
Kraft Heinz has tempered its annual sales and profit forecasts as recent price hikes continue to impact demand for its products.
In its third-quarter period,...
Estee Lauder Reported To Have Chosen New CEO
Estee Lauder has reportedly picked senior executive Stéphane de La Faverie to take over as its Chief Executive Officer.
In August, the cosmetics giant announced...
Demand For Colgate-Palmolive Products Holds Up
Colgate-Palmolive has raised the lower end of its annual sales and profit forecasts after resilient demand for its products helped it post better-than-expected third-quarter...
Beiersdorf Upbeat Despite Challenging Conditions In Some Markets
Beiersdorf, the owner of skincare brands such as Nivea and Eucerin, has reported a healthy rise in group sales for the first nine months...
Keurig Dr Pepper To Acquire Energy Drink Business
Keurig Dr Pepper has entered into an agreement to buy a 60% stake in US energy-drink maker Ghost for $990m, with a plan to...
Higher Prices Offset Sluggish Demand At Coca-Cola
Coca-Cola yesterday posted quarterly earnings and revenue ahead of analysts’ expectations after a boost from higher prices offset weak consumer demand.
The soft drink group’s...
Carrefour Seeing Improving Consumer Confidence
French supermarket giant Carrefour posted robust third-quarter figures yesterday as increasing consumer confidence led to higher demand for branded products. At the same time,...
Seven & i Tells Investors Overhaul Could Almost Double Sales
Seven & i Holdings Co.’s plan to split in two and expand abroad will help the retailer almost double group revenue, Chief Executive Officer...
Disappointing Quarter For L’Oréal As Lipstick Effect Rubs Off
Cosmetics giant L’Oréal has reported a weaker-than-expected rise in third-quarter sales as demand for its skincare and make-up products waned in key markets.
Over the...
Walmart Follows Amazon In Ramping Up Pharmacy Offer
Walmart has revealed that it will start delivering prescription medicines and refills along with groceries and other items as a single order within 30...