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FrieslandCampina Unveils Major Cost-Saving Plan

FrieslandCampina, the Dutch dairy group that owns brands such as Yazoo and Chocomel, has unveiled its new ‘Expedition 2030’ strategy that aims to improve...

Canada’s Largest Grocers Commit To Stabilising Prices

Canada's Minister of Innovation, Science, and Industry, François-Philippe Champagne, has announced initial commitments from the country's top five grocery chains to stabilise food prices. Read...

Casino Finalises Rescue Deal

French supermarket group Casino has finalised an agreement for a capital injection led by Czech billionaire Daniel Křetínský and a debt restructuring with its...

Nestlé’s New Nutrition Target Falls Short Of Shareholder Expectations

Leading shareholders in Nestlé have said that the food giant’s new nutrition target falls short of the role they expect it to play in...

Break-Up Of Kellogg Completed

Kellanova, formerly known as Kellogg Company, yesterday completed the previously announced separation of its North American cereal business, WK Kellogg Co, resulting in two...

Retailers Warn Against EU’s Proposed Payment Rules

Retailers have warned that plans by the European Commission (EC) to enforce 30-day payment terms for businesses operating in the European Union (EU) could...

Casino Completes Sale Of First Batch Of Stores To Les Mousquetaires

Debt-ladened French supermarket retailer Casino has completed the sale of the first set of 61 stores to Groupement Les Mousquetaires and extended its purchasing...

SPAR Offloading Loss-Making Business In Poland

South Africa’s SPAR Group has revealed that it plans to sell its loss-making business in Poland. “Having evaluated and considered all options, the board believes...

Philip Morris Develops Zero-Tobacco Heat Stick That May Avoid Regulations

Philip Morris International (PMI) on Thursday unveiled a zero-tobacco stick for use with its ‘heat-not-burn’ device IQOS, which may help the company avoid tax...

Lidl Ireland Expands Tie-up With O’Brien Fine Foods

Lidl Ireland has announced a major new deal with O’Brien Fine Foods, expanding on the existing relationship between the two sides. The €60m new...

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