International Grocery News
Nestlé To Suspend ‘Vast Majority’ Of Sales In Russia
Nestlé is to halt the sale of a wide range of brands in Russia, including KitKat chocolate bars and Nesquik, amid Ukrainian President Volodymyr...
Walmart To Hire More Than 50,000 Staff For New Business Push
Walmart is looking to recruit more than 50,000 new staff by the end of April, as it chases growth in new business categories from...
Britain’s Space NK Brings New Beauty Offer To Walmart Stores
British retailer Space NK is helping Walmart bring a prestige beauty offer to its website and nearly 250 stores in the US this summer.
The...
Price Rises Drive Growth At Nestlé, With More To Come
The world’s largest food manufacturer has posted its strongest growth in developed markets in a decade as it benefitted from price rises and robust...
Carrefour Upbeat On Outlook After Solid 2021
French grocery giant Carrefour continued its recovery last year, putting it in a good position for 2022.
The group’s like-for-like sales grew 2.3% to €73bn...
Walmart Ups Profit Expectations Despite Margin Challenges
The world’s largest retailer today forecast profit above market expectations during 2022, signalling robust demand in stores amid supply chain issues and cost inflation...
Monster and Constellation Continuing Merger Talks
Following on from rumours at the end of last year, it has been reported that Constellation Brands, the alcohol giant that owns the Corona...
Lidl Preparing To Enter Another Country In Europe
Lidl is reportedly making plans to expand its presence in the Balkans region of Europe with entry into Montenegro.
Local press reports said a subsidiary...
Casino’s Shares Slump After Profit Warning
Shares in supermarket group Casino slumped today after the company cut the 2021 profit outlook for its French retail operations, igniting investor worries over...
Carrefour At Crossroads In Battle To Win Back French Shoppers
The FT examines Carrefour’s turnaround strategy and shift towards e-commerce amid takeover interest.
Read the full article on the Financial Times website (PayWall)
