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Pernod Ricard Bounces Back With 20% Jump In Sales

Global spirits giant Pernod Ricard has continued its recovery as resilience in the off-trade was supported by the reopening of the on-trade. The French group’s...

Danone Remains On Track Despite Cost Headwinds

French food & drink giant Danone has kept its profit guidance for this year despite facing rising costs and slower sales growth in its...

Major Coffee Buyers Face Losses As Farmers Fail To Deliver

Coffee farmers in Colombia, the world's No. 2 arabica producer, have failed to deliver up to 1 million bags of beans this year or...

Carrefour Backs Away From Potential Merger With Auchan

A potential merger between French grocery giants Carrefour and Auchan appears to be off the cards after a break down in talks. Rumours at the...

Reliance Retail To Open 7-Eleven Outlets In India

The 7-Eleven convenience store empire is heading to India. India’s Reliance Retail Ventures has set a franchise agreement with 7-Eleven Inc. to launch stores in...

Lidl Enters Another Market In Europe

Lidl has announced it will start operating in Latvia this week. The discounter will simultaneously open 15 new stores throughout the country tomorrow and revealed...

PepsiCo Raises Annual Forecast Amid Robust Demand For Soft Drinks

PepsiCo raised its full-year revenue forecast today after third-quarter figures showed it was continuing to benefit from the easing of pandemic-related restrictions and subsequent...

Long-Serving CEO Of Whole Foods Stepping Down Next Year

Amazon-owned grocer Whole Foods, which operates hundreds of stores in the US and seven in the UK, has announced that its co-founder and CEO...

Carrefour Rumoured To Be Eyeing Merger With Auchan

Two of the largest supermarket operators in France are rumoured to be considering a merger. French newspaper Le Monde reported yesterday that Carrefour’s Chief Executive...

Lidl Unveils Major Expansion Plan For Spain

Lidl has revealed that it plans to invest €1.5bn in Spain between 2021 and 2024. Lidl, which has 630 shops in the country, plans to...

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