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Italy Fines Amazon Record €1.13bn For Abuse Of Market Dominance

Italy’s antitrust watchdog said today that it had fined Amazon €1.13bn for alleged abuse of market dominance in one of the biggest penalties imposed...

Aldi Launches New Store Concept With Fresh Food Market Experience

Aldi is launching a new store concept in Belgium, in which the fresh food offer takes on an even more prominent role. Read the full...

P&G Faces Shortage Of Recycled Plastic In Race To Meet Sustainability...

Procter & Gamble has lofty goals for cutting its environmental impact by 2030 but obtaining recycled plastic for more sustainable packaging is challenging, the...

Australia’s Woolworths Makes $613m Pharmacy Play

Top Australian grocer Woolworths Group made a $613m approach for No. 1 drugstore chain Australian Pharmacutical Industries, besting an already-agreed buyout from retail giant...

Edgewell Acquires Women’s Shaving Brand For $310m

Edgewell, the owner of brands such as Wilkinson Sword and Schick, has bought direct-to-consumer (DTC) women’s shaving and body care brand Billie in a...

Church & Dwight Acquires Mouthwash Brand

Church & Dwight is expanding its oral-care portfolio by acquiring the TheraBreath brand for $580m. TheraBreath is the number two brand in the alcohol-free mouthwash...

Walmart’s Renowned Finance Chief Stepping Down

Walmart revealed yesterday that its long-serving executive Brett Biggs is planning to step down from his current role as Chief Financial Officer of the...

General Mills Offloads Jus-Rol Brand As Part Of European Dough Unit...

General Mills, the owner of brands such as Cheerios, Nature Valley, and Old El Paso, has agreed to sell its European dough businesses to...

Inflationary Pressure Forces Dollar Tree To Raise Price Point

Dollar Tree, the operator of nearly 16,000 discount stores in North America, is raising prices after facing rapid inflation in the US economy. Known for...

Impossible Foods Raises Another $500m To Support Expansion

Plant-based meat company Impossible Foods has raised around $500m in its recent funding round. The company has now raised close to $2bn since its inception...

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