International Grocery News
Consumer Caution Hits PepsiCo
PepsiCo cut its annual sales forecast today as cash-strapped consumers in its main North American market limited their spending on snacks and soft drinks,...
Weaker Demand For Big Ticket Items Holds Back Growth At Costco
Costco Wholesale has missed market expectations for fourth-quarter revenue growth after being impacted by cautious consumer spending on pricier, big-ticket items in its warehouse...
Some 7-Eleven Owners In Japan Welcome Foreign Bid – And Hope...
As much as Jun Nagao doesn't like the idea of foreigners scooping up Japanese companies, the former 7-Eleven franchise owner thinks a takeover would...
CEO Of L’Occitane Steps Down
The Chief Executive of the L’Occitane Group has stepped down two years after joining the business.
The global beauty retailer said Laurent Marteau had made...
Phoenix Group Making Good Progress Despite ‘Challenging’ Market
Phoenix Group, the German-based pharmaceutical wholesale and retail giant that owns the Rowlands chain in the UK, saw revenue across its 29 European markets...
French Supermarket Giants Set Up New Purchasing Alliance
Intermarché, Auchan and Casino have announced the creation of the Aura Retail alliance, which comprises five operational structures offering purchasing partnerships between the three...
Kroger-Albertsons Merger Will Increase Costs For Shoppers, Says FTC Chair
The chairperson of the US’s Federal Trade Commission has warned that the largest-ever planned grocery merger would increase costs for everyday shoppers despite promises...
ACCC Sues Coles And Woolworths Over Allegations Of ‘Illusory’ Discounts On...
The competition regulator in Australia is suing leading supermarket chains Coles and Woolworths over allegations they misled shoppers by offering “illusory” discounts on hundreds...
Upfield Changes Names
Upfield Group, the spreads business sold by Unilever in 2017, has changed its name to the Flora Food Group. It stated that the change...
Campari CEO Resigns After Less Than Six Months
Matteo Fantacchiotti, the CEO Of Italian spirits giant Campari, has stepped down after only five months in the role, with the company citing “personal...
