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General Mills Warns Economic Uncertainty Will Impact Profits

General Mills, the owner of brands such as Cheerios, Nature Valley, and Old El Paso, is now forecasting that its annual profit will come...

C&S Wholesale Grocers Agrees $1.77bn Deal To Acquire SpartanNash

C&S Wholesale Grocers has agreed to buy fellow US food distributor SpartanNash for $1.77bn (including debt) in a bid to keep grocery prices down...

L’Oréal CEO On Impact Of Tariffs And Beauty Market

Nicolas Hieronimus, CEO of L'Oréal, the world's largest cosmetics maker, says his company has shipped more luxury goods ahead of the US tariffs, but...

Amazon’s Premium Beauty Push May Be A Buffer Against Trump’s Tariffs

Amazon’s defence against tariffs for its coming Prime Day? Luxury goods. US President Donald Trump’s tariffs have spurred some Amazon sellers who source products from...

Kroger Shutting More Than 60 Stores Despite Robust Trading

US grocery giant Kroger announced on Friday that it plans to close more than 60 underperforming stores by the end of 2026 despite bumping...

Takeover Of Kellanova By Mars Facing EU Competition Investigation

Mars’ impending $36bn acquisition of Kellanova, the owner of the Kellogg’s and Pringles brands, is reportedly facing a full-scale EU antitrust investigation, which could...

Pernod Ricard Implementing Restructuring Plan Following Downturn In Sales

Spirits giant Pernod Ricard is planning to group its brands into two main divisions as part of a streamlining process as it grapples with...

Long-Serving Nestlé Chairman Stepping Down With Pablo Isla Nominated As Successor

Nestlé has announced that its Chairman and company veteran Paul Bulcke will stand down in April 2026, with its Board proposing that Vice Chairman...

Coty Reportedly Exploring Sale

Shares in cosmetics giant Coty jumped 7% yesterday on a report that it is exploring a potential break-up that would involve separate sales of...

Kraft Heinz And General Mills To Phase Out Artificial Colours

Amid pressure from the new US administration, food manufacturing giants General Mills and Kraft Heinz have announced moves to make their products healthier. General Mills...

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