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Kellogg’s Splitting Into Three Companies

Cereal giant Kellogg’s has announced plans to spin off its North American and plant-based foods businesses, resulting in three independent public companies that will...

Mars Names Global President For Pet Nutrition Unit

Mars has appointed Ikdeep Singh as the new Global President for its Pet Nutrition business. Singh will be responsible for some of the world’s largest...

Target Warns Of More Margin Squeeze As Excess Inventory Weighs

US retail giant Target on Tuesday cut its quarterly profit margin forecast issued just weeks earlier, and said it would have to offer deeper...

Retail Sales In Euro Zone Impacted Weaker Food Sales

Retail sales across the Euro zone fell more than expected in April, pulled down mainly by reduced purchases of food, drinks and tobacco. The EU’s...

Walmart Working With Suppliers To Cut Prices Amid Inflation Pressures

Walmart stated last week that some of its suppliers have been responding to the retailer’s efforts to reduce prices despite their own struggles with...

Carrefour Upbeat On Outlook Despite Challenges

Carrefour remains confident about its trading during 2022 as it works on a new strategy that will allow the French grocery giant to step...

Aldi Denies Reports Of NZ Entry Plans

Aldi has announced that it has no plans at the moment to enter the New Zealand retail market, playing down media reports of such...

Kroger Demands Explanation Of High Food Prices From Suppliers

Supermarkets like Kroger are pushing back against passing on higher costs to customers and demanding reasons for the higher food prices from suppliers. Click here...

Unilever To Take Majority Stake In Nutrafol

Unilever has signed an agreement to acquire a majority stake in Nutrafol, a leading US-based provider of hair wellness products. No financial details of...

Aldi Considering Move Into New Zealand?

Aldi is reportedly considering its options regarding entering the New Zealand retail market, in a move that could significantly reshape the domestic supermarket sector. Grant...

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