International Grocery News
Acquisitions And Innovation Drive Jump In Sales At Ferrero
Ferrero, the owner of brands such as TicTac, Fox’s, Kinder, and Nutella, saw its group sales jump 20.7% to €17bn during its last fiscal...
Kellogg’s And Heinz Owners Outline Strategies To Drive Volume Growth
Both WK Kellogg and Kraft Heinz saw declining volumes in 2023 while managing to hold onto net sales growth through price increases. With this...
Target Creates Its Cheapest In-Store Brand As Consumers Are Squeezed
US retailer Target is taking aim at budget-conscious customers with a new inexpensive brand with prices for everyday basics that start at less than...
Kraft Heinz Warns Of Slower Growth As Price Hikes Take Toll...
After posting disappointing quarterly figures yesterday, Kraft Heinz stated that it now expects sales during 2024 to grow at a slower pace due to...
Tough First-Half For Pernod Ricard But Sees Better Times Ahead
Global drinks giant Pernod Ricard yesterday cut its full-year sales estimate after a weak first half but left its longer-term growth ambitions intact in...
Coca-Cola Maintains Growth Trend In Tough Market
Whilst several other major consumer goods manufacturers have reported sluggish performance in recent weeks, Coca-Cola has delivered better-than-expected revenues and volume growth despite continuing...
Higher Prices Hit Demand At Heineken
Heineken has moderated its expectations for profit growth this year after seeing higher prices hit demand for its products.
In its annual results statement, the...
Walmart In Talks To Buy Vizio To Bolster Its Advertising Business
Walmart is in talks to buy smart television manufacturer Vizio for more than $2bn, a move that could bolster its advertising business and give...
Sales Growth Starts To Slow At L’Oréal; Price Rises In Beauty...
Cosmetics giant L’Oréal saw its like-for-like sales increase 6.9% in its fourth quarter to 31 December. This follows double-digit increases during the rest of...
Circana Launches ‘Liquid Data Engage’ To Support New Era of Decision-Making
Circana has announced the global launch of Liquid Data Engage, a software platform that is claimed to address the challenges faced by retailers, simplifying the...
