International Grocery News
Philip Morris In Talks To Acquire Swedish Match
Philip Morris International (PMI) is working on a deal to acquire Swedish Match for around $16bn as part of the tobacco giant’s shift toward...
Coty Raises Profit Outlook As Demand For Luxury Items Holds Up
Despite soaring inflation and toughening economic conditions, Coty raised its full-year profit forecast yesterday after seeing resilient demand for its high-end fragrances and skincare...
Walmart, Target, And Other Mega Retailers Leverage First-Party Data To Become...
While all the media chatter is now about Twitter, the smart CMOs are keeping their eyes on the broader trends of the long game...
Eurozone Sees Fall In Retail Sales
Retail sales in the Eurozone fell more than expected in March as surging inflation and concerns about the war in Ukraine cancelled out the...
Makers Of Dawn Dish Soap, Heinz Ketchup, Clorox Boost Defences Against...
The makers of brand-name products in the US, such as Tide detergent and Kraft Macaroni & Cheese, are bolstering their defences against store-brand rivals...
Amazon To Start Charging Sellers ‘Fuel And Inflation’ Fee
Amazon has announced that it will add an average 5% surcharge to its delivery fees for third-party sellers on its platform in response to...
Walmart Names New Chief Financial Officer
Walmart has revealed that John Rainey will be its Chief Financial Officer from June, replacing Brett Biggs who announced his exit late last year.
Rainey...
Keurig Dr Pepper Names Next CEO
Soft drinks giant Keurig Dr Pepper (KDP) has announced that Ozan Dokmecioglu will succeed Bob Gamgort as the company’s Chief Executive later this year.
Currently...
Carrefour To Invest In Digital Retail Start-Ups
Carrefour, Europe’s largest grocery retailer, has joined forces with venture capital firm Daphni to invest in digital retail start-ups as part of a global...
Walmart Moving Away From Cigarette Sales
Walmart has reportedly started pulling cigarettes from sale in some of its stores.
According to the Wall Street Journal, tobacco shelves are making way for...