International Grocery News
Carrefour Cutting Office Jobs
Carrefour, one of Europe’s largest grocery retailers, confirmed yesterday that it planned to cut nearly 1,000 jobs in France on a voluntary basis as...
Metro AG Extends Contract Of CEO
German wholesale giant Metro AG has extended the contract of its CEO for another five years. This means that Dr Steffen Greubel will remain...
Carrefour Tapping Into Fast-Growing Retail Media Market
French supermarket giant Carrefour and advertising group Publicis have launched a joint venture named ‘Unlimitail’ to tap into the booming retail media market in Europe,...
French Supermarket Casino Receives Bid Proposal
Three prominent French businessmen - Xavier Niel, Matthieu Pigasse and Moez-Alexandre Zouari - have expressed an interest in bidding up to €1.1bn for debt-laden...
How France Secured A Fall In Food Prices
French Finance Minister Bruno Le Maire said last week he had secured a pledge from 75 top food companies to cut prices on hundreds...
Manufacturers Such As Unilever Agree To Cut Prices In France
Major food manufacturers have pledged to lower prices on hundreds of products in France from next month after bowing to pressure from the French...
Consumers Becoming More Emotional, Unpredictable, Educated, And Socially Conscious, Says CEO...
Speaking at The Consumer Goods Forum (CGF) Global Summit 2023 in Kyoto, Japan last week, the CEO of Superdrug’s parent company, A.S. Watson, Malina...
Price Drop Fears Put A Brake On European Grocers’ Rally
European grocers could exceed market expectations for earnings growth this year as they keep prices high even as costs fall, but the spectre of...
Ahold Delhaize Hits ‘Roughly Half’ Its €1bn Goal For Non-Grocery Revenue
Ahold Delhaize has hit “roughly half” its goal to grow revenue from businesses beyond grocery stores to €1bn by 2025, CEO Frans Muller told...
French Supermarket Casino Attracts More Bidders After Deal Talks With Teract...
A group of prominent French businessmen are preparing to make an offer for debt-laden French supermarket chain Casino after tie-up talks with smaller retail...
