International Grocery News
French Government Accuses FMCG Giants Of Not Cooperating With Food Price...
France’s finance minister has singled out Nestlé, Unilever and PepsiCo as being among the consumer goods companies that were not “cooperating” with an agreement...
Campbell Soup Sees Upbeat Annual Profit On Easing Costs, Snack Demand
Campbell Soup forecast annual profit largely above Wall Street estimates on Thursday, encouraged by easing costs and steady demand for its snacks even as...
E.l.f. Beauty Makes Skincare Acquisition
E.l.f. Beauty has agreed to acquire skincare brand Naturium for $355m in a cash and stock deal.
Founded in 2019 by beauty journalist turned YouTuber...
France Wants More Price Cuts From Grocery Retailers And Suppliers
The government in France is seeking to secure additional price reduction commitments from supermarkets and their suppliers to help tackle inflation.
The finance ministry source...
Robust Year For Pernod Ricard But Warns Of Weaker Sales Ahead
Pernod Ricard has defied “volatile” market conditions and posted strong annual figures. However, the global spirits giant warned of weaker performance in key markets...
Amazon Threatened With Legal Action Over Sales Of ‘Unapproved’ Medicines
Amazon is being threatened with legal action from the US medicines watchdog over the sales of “unapproved” drugs on its online site, as the...
French Consumers Forced To Cut Back On Essentials, Carrefour CEO Warns
The CEO of French retailer Carrefour on Tuesday warned that high prices have forced consumers to make massive cuts to spending on essential goods,...
A Mixed Picture For US Retailers As Bargain-Hunting Shoppers Pick Their...
US retailers’ earnings over the past month have signalled that customers are spending on discounted apparel, small home projects and beauty products even as...
Walmart Teams Up Google To Expand Delivery By Drone Service
Walmart is continuing its foray into the realm of drone delivery by teaming up with Wing, an on-demand provider powered by Google’s parent company,...
Heineken Exits Russia With €1 Sale Of Operations
Heineken said today that it had completed its exit from Russia by selling its operations there to Russia's Arnest Group for a symbolic one...
