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Kellogg Unveils New Names For Split Companies

Kellogg yesterday unveiled the new names for the future companies it will create through its planned separation into two public companies focused on global...

Billionaire Who Made 7-Eleven A Global Giant Dies At 98

Japanese billionaire Masatoshi Ito, who helped turn 7-Eleven convenience stores into a global business empire, has died aged 98. He died last Friday from old...

Retailer Casino Probed Over Alleged Financial Manipulation And Insider Trading

France’s financial prosecutor revealed it has been investigating food retail group Casino for financial manipulation and insider trading that allegedly took place in 2018...

Walmart Offers Affordable Easter Meals To Lure Thrifty Shoppers

Walmart said today that it would offer Easter meals and bundles at affordable prices, a move aimed at drawing more customers to its stores...

Casino Closes In On Alliance Deal With Teract

Embattled French retailer Casino is closing in on a deal to combine its core supermarket unit with Teract, a smaller food retailer, to help...

AB InBev Sees Consumers Buying Less Beer But Still Delivers Sales...

AB InBev suffered an unexpected fall in volumes in the final quarter of 2022, although it still posted robust annual results as sales figures...

World’s Biggest Retailer Warns Of Tougher Times Ahead

Alongside solid fourth-quarter results, Walmart struck a cautious note on the economic outlook for 2023/4, with the world’s biggest retailer forecasting sales and profits...

Retailers Pushing Back Against Price Increases, Says CEO Of McCormick

McCormick, the owner of brands such as Schwartz seasoning and French’s mustard, has revealed that it is facing resistance from grocery retailers to further...

Pernod Ricard To Step Up Advertising Spend After ‘Significantly’ Boosting ROI

Pernod Ricard has hailed the impact of its digital transformation scheme in “enhancing” its marketing spend and making it work more efficiently. The drinks giant,...

Bumper Year For Carrefour, Upbeat On Outlook

Carrefour, Europe’s largest grocery retailer, prospered last year as its turnaround strategy and food inflation boosted figures. Over the 12 months to 31 December, the...

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