International Grocery News
Aldi Appoints New Global Joint Managing Director
The boss of Aldi’s operation in Australia is to become the global Joint Managing Director of the German discounter.
Tom Daunt will take over the...
Sales Growth Continues To Weaken At Costco
Costco’s sales growth weakened again in March as consumers made cutbacks amid persistently high inflation.
Having recorded double-digit increases during most of the pandemic, the...
Inflation Pressures Still Impacting Walmart; To Slow Staff Recruitment
The world’s largest retailer stated yesterday inflation would continue to pressure its business this year, with slower hiring as it shifts towards automation technology.
At...
Lavazza Warns Of Headwinds After Solid 2022
Italian coffee brand Lavazza has this week credited increased sales and “cost containment” for its positive 2022 results. However, the firm cited high inflation...
Walmart Hails Shift Towards Automation
Walmart has said that it expects about 65% of its stores to be serviced by automation by the end of 2026. The statement comes...
Stubborn Inflation Keeps ECB On Course For More Rate Hikes
Inflation in the eurozone dropped by the most on record in March, but “core” price growth accelerated, which is likely to strengthen the case...
Aldi And Lidl Amongst Bidders For Over 400 Stores In Portugal
Lidl and Aldi are reported to be among the potential bidders for 463 Minipreço supermarkets in Portugal being sold by Spain’s DIA Group.
Local press...
CEO Of Carrefour To Remain In Role For Another Three Years
Carrefour, one of Europe's largest grocery retailers, has agreed to extend Chief Executive Alexandre Bompard’s term for another three years through to its AGM...
Carlsberg Names New Chief Executive
Days after Carlsberg announced that its Chief Executive, Cees ’t Hart, will retire at the end of September, the Danish brewer has named his...
Couche-Tard To Pay $3.1bn For Over 2,000 Forecourts In Europe
Canadian convenience store giant Alimentation Couche-Tard has agreed on a deal with oil major TotalEnergies to take control of 2,193 petrol stations operating across...
