Frasers Group close to Harvey Nichols pre-pack acquisition
Sources close to the negotiations indicate Frasers Group plans to retain all UK retail locations
European FMCG news
Fresh headlines across food, beverage, personal-care, home-care, retail and FMCG services, updated automatically and linked to the original publishers.
UK food inflation defies forecasts as supermarket price war keeps lid on rises
UK food inflation has remained significantly lower than expected as fierce supermarket competition and shoppers’ resistance to higher prices force grocers and suppliers to absorb…
Home Depot appoints interim CEO leadership as Ted Decker takes medical leave
Senior Executive Vice President Ann-Marie Campbell and CFO Richard McPhail will oversee CEO duties for the next few months in Decker’s absence.
UltraPhil Center for Aseptic Excellence announces new beverage entrepreneur program
Participation in the UltraPhil Startup Blueprint Program is by application and is intended to provide qualifying startups with industry support to produce pilot-scale aseptic…
Giant Food introduces in-store Savings Stations
Shoppers can now load personalized offers and digital coupons directly onto their loyalty account and have them automatically applied at checkout.
“Room for 20 additional DreamLand stores in the Netherlands”
ToyChamp Holding, the group behind the toy chains DreamLand and Intertoys, sees significant growth potential for both chains in the Netherlands, through the opening of new stores…
Why ‘fake’ job ads are becoming retail’s latest marketing tactic
Over the past few years there has been a rise in “fake” jobs. Not simply jobs adverts that turn out to be fabricated, but jobs that purely serve as a marketing function such as…
South Africa's Shoprite Sees Annual Earnings Rising Up To 14.7%
South Africa's Shoprite Holdings said it expects annual headline earnings to rise by as much as 14.7%, supported by steady sales growth.
AO launches mobile network in move beyond electricals
AO is moving beyond selling mobile phones and into the network business with the launch of its own SIM service, AO Mobile. The company is entering the market with a single tariff…
Bershka makes its debut in the United States with Miami store
Bershka is taking another step forward in its international expansion. Inditex's youth fashion chain will open its first brick-and-mortar store in the United States, specifically…
Haacht Brewery boosts profitability, yet remains in the red
Haacht Brewery has managed to significantly improve its operating profitability, but is still in the red overall. Revenue also declined. Nevertheless, the beer producer sees a…
EU Packaging Rules Take Effect With Limits On 'Forever Chemicals', Plastics Curbs
New EU packaging regulations will come into force today (12 August) which set EU-wide limits on PFAS, or 'forever chemicals', among others.