Biscoff owner plans ‘substantial’ US investment
Lotus Bakeries is expanding production in North Carolina as part of a $577 million commitment to accelerate growth in global markets.
Corporate news
Fresh headlines across food, beverage, personal-care, home-care, retail and FMCG services, updated automatically and linked to the original publishers.
“No big change in strategy” under new JBS CEO – key takeaways from leadership transition, Q2 results
Wesley Batista Filho assured investors it will be business as usual as he prepares to take the reins at the JBS meat giant in the new year. The post “No big change in strategy”…
Brazil’s Assaí Posts €3.6bn In Q2 2026 Revenue
Brazilian cash-and-carry company Assaí posted gross revenue of R$ 21.4 billion (€3.6 billion) for the second quarter of 2026.
Douglas hints at store closures following loss-making quarter
The Douglas perfume chain is feeling the reluctance of European consumers more and more acutely. In the third quarter, revenue fell slightly, but operating profit took a much…
Stevensons operations director on digital innovation making back-to-school shopping child’s play
As back-to-school shopping becomes increasingly digital, Stevensons is leaning on a century of retail experience, while accelerating investment in ecommerce, personalisation and…
Waitrose Jesmond reopens after multi-million-pound refurbishment
Waitrose has reopened its Jesmond supermarket following a multi-million-pound refurbishment as part of the retailer’s wider £1bn investment programme. The Newcastle store welcomed…
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.
Waitrose Jesmond reopens after multi-million-pound refurbishment
Waitrose has reopened its Jesmond supermarket following a multi-million-pound refurbishment as part of the retailer’s wider £1bn investment programme. The Newcastle store welcomed…
Ardagh Glass Packaging Invests In Electric Heat Pump System At German Facility
Ardagh Glass Packaging is shifting away from gas at its Obernkirchen facility in Germany with a new electric heat pump system.
Shein targets lower valuation for Hong Kong float after profit slide
For its planned float on the Hong Kong Stock Exchange, Shein has presented investors with a valuation in the mid-to-high $20 billions. The post Shein targets lower valuation for…
On shares plunge as Q2 sales miss expectations despite profit growth
On lowered its full-year sales outlook as second-quarter revenue growth slowed in its largest market
Gay Lea Foods ploughs investment into cottage cheese expansion
Gay Lea Foods Co-operative is investing more than C$200m (US$143.5m) to expand cottage cheese production in Canada. The post Gay Lea Foods ploughs investment into cottage cheese…