International Grocery News
Walmart Set To Raise Its Full-Year Forecast As Shoppers Stick To...
Walmart is set to raise its full-year earnings forecast on Thursday when it reports quarterly results, as US shoppers continue to buy essentials even...
CEO Of Kraft Heinz Stepping Down, Replacement Named
Kraft Heinz revealed yesterday that its CEO, Miguel Patricio, will be stepping down from his position at the start of next year.
Taking the reins...
Controlling Shareholder May Take L’Occitane Private
Skincare retailer L’Occitane confirmed on Friday that its controlling shareholder is contemplating a deal to take the company private but noted that no definitive...
Amazon US Begins Offering Whole Foods Own Label
Amazon US has begun stocking the Whole Foods 365 own label brand on its website, in a move aimed at boosting its grocery operations...
CVC Reportedly Planning Douglas IPO
CVC Capital Partners is reportedly looking into a potential IPO for Douglas, the German cosmetics and perfume retail major.
The move was first reported by...
Will Consider All Options During Review – New Bayer CEO
Bill Anderson, the new CEO of Bayer, has said he is keeping all options open as he reviews the conglomerate’s existing strategy and structure.
Anderson,...
AB InBev Sells Eight Brands In $85m Deal
Anheuser-Busch InBev has said it will sell eight of its brands to US-based Tilray Brands, in an all-cash deal worth $85m.
The deal includes AB...
Kellogg Confirms Split Timeline
Kellogg Co has reiterated that it expects to complete its previously-announced split into three companies during the fourth quarter of this year.
The move will...
Campbell Soup Set To Expand Portfolio With $2.7bn Deal
The Campbell Soup Company has entered into an agreement to acquire Sovos Brands in a deal worth around $2.7bn.
Sovos Brands makes a range of...