International Grocery News
Higher Prices Boost Profits At Coca-Cola; To Roll Out Cane Sugar...
Coca-Cola posted results ahead of expectations yesterday, boosted by higher prices, while the soft drinks giant announced it would introduce a Coke variant made...
Price Hikes Hit Volumes At Lindt
Swiss chocolate manufacturer Lindt & Sprüngli raised its organic growth forecast yesterday after recording strong sales in Europe. However, its shares tumbled as steep...
Top Polish Retailers Set To Join Europe’s Leading Buying And Marketing...
Polish retail groups Grupa Eurocash, Grupa Chorten, and Netto have announced plans to establish a local joint-venture buying alliance in order to join European...
PepsiCo More Upbeat On Outlook; Making Shift To Natural Ingredients
PepsiCo has posted better-than-expected quarterly results, driven by steady demand for its soft drinks and snacks in the US and other major markets, including...
Coca-Cola Defends Corn Syrup After Trump Claims He Struck Cane Sugar...
The Coca-Cola company has defended its use of corn syrup after Donald Trump’s claim Wednesday that he had apparently convinced the brand to switch...
Couche-Tard Scraps $46bn Bid For Owner Of 7-Eleven
Canada’s Alimentation Couche-Tard has withdrawn its $46bn proposal to acquire Japan’s Seven & i, bringing an end to its year-long campaign to convince the...
Auchan Selling Stores To Lidl
Struggling French supermarket chain Auchan has announced plans to sell 19 of its stores to Lidl as part of efforts to improve its financial...
Ferrero Poised To Revive WK Kellogg Sales For Health-Conscious Americans
Nutella spread maker Ferrero, armed with experience in health-regulated European markets and a track record of revamping struggling brands like Keebler cookies, has a...
Kraft Heinz Exploring Break-Up
Kraft Heinz is considering a potential spin-off of a large part of its grocery business, including many of the Kraft products, into a new...
Ferrero Expands Footprint In The US With $3.1bn Acquisition Of WK...
Italian food giant Ferrero has struck a deal to acquire WK Kellogg Co for $3.1bn, marking a significant move to strengthen its position in...
