International Grocery News
Walmart Beats Amazon At Its Own Game On Black Friday
Bricks & mortar retailer Walmart is beginning to beat online retailer Amazon in the game it pioneered, e-commerce.
A recent CNBC report quotes data from...
Majority Of CMOs Under Pressure To Prove Short-Term ROI
Marketing leaders are coming under increasing pressure to deliver short-term solutions to cope with the macroeconomic uncertainty, as scrutiny of budgets continues to ramp...
Walmart Lifts Guidance As Demand Holds Up
Walmart lifted its annual sales and profit forecast yesterday as it continued to see robust demand for groceries during its third quarter despite higher...
Estee Lauder Agrees Deal For Tom Ford
Following rumours in recent days, US cosmetics giant Estee Lauder has announced that it will buy luxury brand Tom Ford in a deal worth...
Europe’s Largest Grocery Retailer Unveils Growth Plan And Major Retail Media...
France’s Carrefour will step up its expansion in e-commerce, open more discount stores and cut costs as part of a new strategy to accelerate...
Recession Concerns Impact Estée Lauder
Cosmetics giant Estee Lauder yesterday cut its full-year forecasts ahead of the important festive shopping season, blaming lockdowns in China and American retailers cutting...
Kroger-Albertsons Mega-Merger Could Cause More US Food Deserts
The proposed $24.6bn merger of Kroger and Albertsons could have dramatic consequences for customers, including higher prices for groceries and more food deserts, experts...
Surge In Sales At Carrefour
Carrefour, Europe’s largest food retailer, saw its sales growth accelerate in the third quarter, especially in its core French market.
Total group sales increased 19.0%...
Pernod Ricard Still Upbeat On Year Ahead
Spirits giant Pernod Ricard stated today that it was confident its sales growth would remain “dynamic” through its current financial year after posting better-than-expected...
Philip Morris Sweetens Buyout Bid For Swedish Match
Philip Morris International has raised its buyout offer for Swedish Match in a last-ditch effort to get shareholder support for its $16bn move into...
