UK's Greggs Raises Profit Outlook But Plans Factory Closures
Greggs has lifted its annual profit outlook after stronger Q3 sales, and proposed four factory closures amid expansion plans.
European FMCG news
Fresh headlines across food, beverage, personal-care, home-care, retail and FMCG services, updated automatically and linked to the original publishers.
Greggs plans hundreds of job cuts in manufacturing shake-up
Bakery chain proposes closing four manufacturing sites and consolidating production across six locations following a network review
Coca-Cola expands bottling plant in Ghent
Coca-Cola Europacific Partners Belgium and Luxembourg has invested 36 million euros in its production and distribution facility in Ghent. The company plans to increase capacity…
Greggs set to axe over 700 jobs over four factories
Greggs could cut around 740 manufacturing jobs and close four factory sites, as the bakery chain prepares for higher inflationary pressures. The proposed changes, which are…
Subscription spending continues to outpace wider consumer spending growth
Consumer spending on subscriptions continues to grow faster than overall spending, with entertainment, retail memberships and information services driving the latest wave of…
Picnic hires Amazon executive Eva Faict
Eva Faict, Amazon's country manager for Belgium and the Netherlands, who recently announced her departure, has already landed a new challenge: she will be strengthening the…
BAT Predicts Fast Growth In Smoking Alternatives For The Next Decade
British American Tobacco said it expects annual revenue from selling smoking alternatives to grow by a mid-teens percentage until 2030.
Campari Sarti
Campari Group announced the official launch of Sarti, bringing one of Europe’s fastest-growing aperitifs stateside.
Carnation launches Caramel Flavored Evaporated Milk
Following the buzzworthy debut of Carnation’s Kickin' Jalapeño Flavored Evaporated Milk in 2024, the limited-edition new offering brings the comforting flavors of fall to home…
Selfridges brings profitability back into fashion, says GlobalData
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…
Wayfair ups investment in sports for values-focused brand platform
The retailer is amplifying its latest effort by increasing advertising investment across the networks airing football games to five times its previous spend.
Sofa Club opens new store in Cardiff
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…