Nestle Beats Sales Forecasts As CEO's Turnaround Gains Pace
Nestlé beat third-quarter organic sales growth forecasts and excluded its Russian unit from group accounts after Moscow seized the business.
European FMCG news
Fresh headlines across food, beverage, personal-care, home-care, retail and FMCG services, updated automatically and linked to the original publishers.
Sainsbury’s raises profit outlook as grocery sales climb despite £164m loss
Sainsbury’s has raised its full-year profit guidance after reporting a 3.6 per cent rise in underlying operating profit to £525m, as grocery sales growth and market share gains…
UK's Sainsbury's Follows Tesco In Lifting Profit Outlook
Sainsbury's upgraded the lower end of its full-year profit outlook after posting a 3.6% rise for its first half.
Croatia’s Tommy Group Plans To Raise €200m From IPO
Croatian retailer and food producer Tommy Group is moving forward with an IPO, aiming to raise €180-200 million.
Waitrose opens first new supermarket in eight years in £1bn expansion
Waitrose has opened its first new supermarket in eight years in Cricklewood, north London, as part of its current £1bn investment programme. The 18,000 sq ft store, which opens…
French supermarket attacks were product of ‘basic security flaws’
Hundreds of French supermarkets suffered significant financial losses after hackers exploited ‘basic cybersecurity weaknesses’ to take control of refrigeration systems, causing…
Serbia Launches Real-Time Price Comparison Platform For Retailers
Serbia’s Ministry of Internal and Foreign Trade has launched a digital platform to let citizens monitor and compare retail prices.
Salling Group’s Føtex Pilots Humanoid Robots
Danish grocery chain Føtex and tech start-up HIVE have started training humanoid robots to restock grocery shelves after hours.
EU Maize Imports Soar 40% After Drought Ravages Crops, Soft Wheat Exports Stable
EU maize imports in the 2026/27 season jumped 40% year on year by 18 October, led by a more than threefold rise in shipments from the US.
Cherry Or Tabasco? Perfumers Test Weight-Loss Drug Users' Appetite For Food-Inspired Scents
Some perfume makers are starting to ask if weight-loss drugs might be reshaping what consumers want in a scent.
UK Inflation And Borrowing Climb Before Healey’s First Budget Wednesday
UK inflation and borrowing exceeded forecasts, adding pressure for household support in next week's budget and a Bank of England rate hike.
Walmart Launches $120 Membership Bundle With Sam's Club Ahead Of Holidays
Walmart launched a $120-a-year bundle combining its Walmart+ and Sam's Club Plus memberships, offering shoppers a discount of nearly $100.