International Grocery News
PepsiCo Raises Annual Forecasts As Demand Holds Up; Inflation To Get...
PepsiCo upped its annual forecasts yesterday after price increases and steady demand helped the drinks and snack giant beat first-quarter expectations.
Net revenue rose 10%...
Europe’s Largest Food Retailer Upbeat After Seeing Sales Growth Accelerate
French grocery giant Carrefour said yesterday that it was confident about profit and cash flow growth this year, despite high inflation, after seeing its...
JDE Peet’s Combining OOH And CPG Europe Segments
Coffee giant JDE Peet’s has revealed that it is combining its Out-Of-Home and CPG Europe segments into one European division under the leadership of...
Walmart Could Expand Into Consulting And Website Design For Other Businesses...
NAM Implications:
How long before shoppers and their behaviour…
…become the raw material of a retailer’s increasingly multifaceted business?
Providing consultancy services being an...
Czech Billionaire Kretinsky Seeking To Take Control Of French Supermarket Chain
Daniel Kretinsky, the Czech billionaire that owns stakes in Metro and Sainsbury’s, is offering to take control of the debt-laden French supermarket chain Casino...
Amazon Woos French At Farmers’ Markets In ‘Project Ratatouille’
Amazon is attending farmers’ markets and spending more on TV ads in France in a bid to woo local consumers and suppliers in a...
Lidl Portugal To Switch To Digital Price Tags
Lidl has announced plans to introduce digital price tags at all its stores in Portugal, replacing the existing paper labels.
The German chain said the...
Walmart Continues To Trim Non-Food Foray With Bonobos Sale
Walmart has agreed to sell its Bonobos menswear apparel brand, in a deal worth $75m, marking the latest sale of one of its non-food...
New Study Reveals Top US Consumer Grocery Retailers
A new study by Market Force Information has revealed the top grocery brands as preferred by US shoppers, with price and value being the...
Retail Sales Slide Across Europe In February – Eurostat
Retail sales were down 3.1% year-on-year in February 2023 on a volume basis, according to new figures from Eurostat. The figures marked a deterioration...
