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Solid First-Half For Carrefour; Reviewing Assets As Shifts Towards Digital

Carrefour, Europe’s largest grocery retailer, revealed yesterday that it has started a review of its assets as part of its future strategy. After posting solid...

Walmart To Offer E-Commerce Tech To Other Retailers

Walmart is hoping to capitalise on the boom in online shopping by offering several of its own technologies and capabilities to other businesses and...

Lidl Appoints Irishman As Deputy Chairman Of Global Operations

Lidl has appointed Ken McGrath as its new Deputy Chairman with responsibility for the discounter’s operations around the world. The German company, which has more...

Coca-Cola Ups Guidance After Major Rebound In Sales

Coca-Cola raised its full-year sales forecast yesterday after seeing a significant rebound in demand for its drinks amid the re-opening of restaurants, theatres, and...

Quick-Delivery Retail Startup Jokr Raises $170m From Investors

German e-commerce pioneer Ralf Wenzel’s quick-delivery retail platform Jokr, which has gone live in seven countries since launching barely four months ago, said on...

Strong Year For Owner of Lidl; Restructuring Of Management Team Underway

Schwarz Group, the German firm which operates the Lidl and Kaufland chains around the world, saw its turnover increase 10% to €125.3bn during its...

Major Global Product Sourcing Event Planned

ECRM, the US firm that recently opened up its RangeMe product discovery platform to UK retailers, has announced the launch of its ‘2021 Global...

US Regulator Sues Amazon, Demands Recall Of Hazardous Products

The US Consumer Product Safety Commission (CPSC) said on Wednesday it has sued Amazon to force the retailer to recall hundreds of thousands of...

Moët Hennessy And Campari Joins Forces For E-Commerce Venture

Drinks firms Moët Hennessy and Campari are teaming up to build a major European e-commerce business for wines and spirits following the strong growth...

PepsiCo Benefitting From Reopening Of Economies

PepsiCo raised its full-year profit forecast today on expectations that demand for its soft drinks will continue to increase as theatres, restaurants, and sporting...

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