International Grocery News
Juul Looking To Lay Off Almost A Third Of Its Workforce
E-cigarette maker Juul Labs is reportedly planning to lay off 30% of its workforce as part of moves to reduce its operating costs.
The Wall...
Nestlé Named World’s Most Valuable Food Brand
Nestlé’s brand value was up 8% to $22.4bn this year, again earning it the title of the world’s most valuable food brand.
A report from...
Robust Quarter For Walmart But Still Cautious On Outlook
Walmart raised its full-year forecasts yesterday after beating second-quarter sales and profit estimates following strong demand for its low-priced groceries and health products.
The world’s...
Five Thoughts On Aldi’s Massive Acquisition
Although the discount grocer has been on a growth tear over the past several years, and a large, transformative acquisition certainly makes sense to...
CEO Of STADA Confirms Buyout Rumours
STADA, the owner of various consumer healthcare products and the Zoflora cleaning brand, has confirmed that “exploratory talks” about a possible sale of the...
Aldi Snaps Up 400 Stores In The US
Aldi is expanding its footprint in the US with the purchase of two supermarket chains belonging to Southeastern Grocers.
Under an agreement, Aldi will become...
Walmart Names Replacement For Retiring International Head
Walmart has promoted Kathryn McLay, the CEO of its Sam’s Club unit, to lead its $100bn business outside of the US.
She will take over...
Carlsberg Stepping Up Marketing Spend But With Targeted Approach
After posting robust first-half results yesterday, Carlsberg has revealed that it was stepping up its marketing spend but was only deploying it in areas...
EG Group Selling Sites In The US As Part Of Debt...
EG Group, the forecourt operator whose owners also control Asda, has agreed to sell 63 of its convenience stores in the US to Casey’s...
Amazon Rolls Out AI-Generated Summaries Of Customer Reviews
Amazon says it’s using artificial intelligence to automatically generate and present summaries of customer reviews, helping shoppers quickly understand the overall sentiment and key...
