International Grocery News
Woolworths And Coles Blame Suppliers And ‘Outbreak Of High Inflation’ In...
Australian supermarket giants Woolworths and Coles have blamed supplier-requested price increases amid a “sudden outbreak of high inflation” in response to allegations by the...
Positive Quarter For Metro AG
Metro AG, the German food wholesaler that recently acquired UK-based foodservice delivery specialist Caterite Food & Wineservice, saw its underlying sales grow 3.8% during...
JDE Peet’s Appoints Kraft Heinz Exec As New CEO; JAB Buys...
JDE Peet’s, the owner of coffee brands such as Douwe Egberts, Kenco, and L’Or, has announced the appointment of Rafael (Rafa) Oliveira as its...
Nestlé Announces Organisational And Board Changes After Sales Growth Falls Short...
Nestlé announced today that it is overhauling its senior leadership and operating structure after reporting weaker-than-expected nine-month sales growth and cutting its full-year outlook.
The...
Another Retailer Joins EMD Purchasing Alliance
European grocery purchasing alliance EMD has gained a new member, South Korean retailer Lotte.
Lotte operates in 30 countries and is active in retail, chemicals,...
7-Eleven’s Turnaround Plan Requires Heavy Lifting To Stop Couche-Tard’s $47bn Takeover
Japan's Seven & i Holdings is betting it can boost value by hiving off underperforming businesses and focusing on mainstay 7-Eleven stores. The outcome...
Growth Weakens At Coty As Consumers Hold Back On Beauty Spending
Global beauty products giant Coty has warned that its first-quarter sales growth is now likely to come in below its prior forecast after a...
Owner Of 7-Eleven Planning Split To Fend Off Takeover
Seven & i Holdings announced today that it plans to hive off some of its underperforming units in order to focus on its core...
Amazon Targets Faster Deliveries And Buying With New Tech
Amazon, in its quest for greater efficiency, has developed new systems to shave seconds off each package delivery and to help customers make faster...
Couche-Tard Ups Offer For Owner Of 7-Eleven
Shares in Japan’s Seven & i Holdings surged up over 10% today on reports it has received a revised takeover bid from Canada’s Alimentation...
