Philip Morris Cuts Profit Forecast Again, Ramps Up Investment In Zyn
Philip Morris cut its annual profit forecast for the third time this year, hurt by intensifying competition and negative currency swings.
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![[Interview] Bavo Vanhalst (Dreambaby, Supra Bazar): “It takes a village to run a business”](data:image/svg+xml,%3Csvg%20xmlns%3D%27http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg%27%20viewBox%3D%270%200%20800%20500%27%20preserveAspectRatio%3D%27xMidYMid%20slice%27%3E%3Cdefs%3E%3ClinearGradient%20id%3D%27g%27%20gradientTransform%3D%27rotate%2890%20.5%20.5%29%27%3E%3Cstop%20offset%3D%270%27%20stop-color%3D%27%234a6785%27%2F%3E%3Cstop%20offset%3D%271%27%20stop-color%3D%27%2326364a%27%2F%3E%3C%2FlinearGradient%3E%3CradialGradient%20id%3D%27b%27%20cx%3D%270.5%27%20cy%3D%270.5%27%20r%3D%270.5%27%3E%3Cstop%20offset%3D%270%27%20stop-color%3D%27%23ffffff%27%20stop-opacity%3D%270.35%27%2F%3E%3Cstop%20offset%3D%271%27%20stop-color%3D%27%23ffffff%27%20stop-opacity%3D%270%27%2F%3E%3C%2FradialGradient%3E%3C%2Fdefs%3E%3Crect%20width%3D%27800%27%20height%3D%27500%27%20fill%3D%27url%28%23g%29%27%2F%3E%3Cellipse%20cx%3D%27424%27%20cy%3D%27210%27%20rx%3D%27400%27%20ry%3D%27250%27%20fill%3D%27url%28%23b%29%27%2F%3E%3Cg%20fill%3D%27%23ffffff%27%20opacity%3D%270.14%27%20transform%3D%27translate%28500%20200%29%20scale%2814%29%27%3E%3Cpath%20d%3D%27M19.4%2013a7.5%207.5%200%200%200%200-2l2-1.5-2-3.5-2.4%201a7.5%207.5%200%200%200-1.7-1L15%203h-4l-.3%202.5a7.5%207.5%200%200%200-1.7%201l-2.4-1-2%203.5%202%201.5a7.5%207.5%200%200%200%200%202l-2%201.5%202%203.5%202.4-1a7.5%207.5%200%200%200%201.7%201L11%2021h4l.3-2.5a7.5%207.5%200%200%200%201.7-1l2.4%201%202-3.5-2-1.5zM13%2015a3%203%200%201%201%200-6%203%203%200%200%201%200%206z%27%2F%3E%3C%2Fg%3E%3Crect%20width%3D%27800%27%20height%3D%27500%27%20fill%3D%27%23000000%27%20opacity%3D%270.04%27%2F%3E%3C%2Fsvg%3E)
[Interview] Bavo Vanhalst (Dreambaby, Supra Bazar): “It takes a village to run a business”
Vanhalst Retail Group (Dreambaby, Supra Bazar, Kabine, and Qiddo) now has about 40 stores and significant logistics capacity. That scale is increasingly becoming a necessity…
Greencore ups profit forecast on volume growth
Greencore has raised its forecast for a closely-watched profit metric after reporting volume growth the manufacturer said was ahead of the wider grocery market. The post Greencore…
Meiji sells China dairy business to Shanghai AustAsia Food
Japan’s Meiji Holdings is selling its dairy and B2B units in China to Shanghai AustAsia Food. The post Meiji sells China dairy business to Shanghai AustAsia Food appeared first on…
Compagnie Léa Nature buys Spain’s Nagual Alimentación
French organic food group Compagnie Léa Nature has struck a deal to acquire Spanish tortillas and wraps maker Nagual Alimentación. The post Compagnie Léa Nature buys Spain’s…
First convenience store opens at Wirral Waters as regeneration gathers pace
Discover what's happening in retail today, Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and much more…
Kellogg’s to launch Bluey themed muti-grain snack bars
Discover what's happening in retail today, Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and much more…
Rossmann Partners With Viva Con Agua On Drinking Water Projects
German drugstore chain Rossmann has partnered with nonprofit organisation Viva Con Agua de Sankt Pauli to launch two mineral water products that will help...
Premium ambient Mediterranean brand launches with Ocado Retail
Discover what's happening in retail today, Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and much more…
Caledonia Spirits hires former Breakthru exec to lead expansion
Former Breakthru Beverage Group executive John Oliver has joined Vermont-based Caledonia Spirits as vice-president of sales The post Caledonia Spirits hires former Breakthru exec…
Canadian spirits ‘uniquely vulnerable’ to US tariff
Spirits Canada is urging its provincial governments to work with the US to stop the 50% tariffs on Canadian alcohol going ahead The post Canadian spirits ‘uniquely vulnerable’ to…
Kirkby Stephen Spar retailer David Gregson celebrates 50 years of trade
Discover what's happening in retail today, Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and much more…