Canada's Weston Family Agrees $8.9bn Boots Deal, Marking Return To Ireland
Canada's Weston has entered into an agreement to acquire Boots and its associated businesses for $8.9 billion (€7.96 billion).
European FMCG news
Fresh headlines across food, beverage, personal-care, home-care, retail and FMCG services, updated automatically and linked to the original publishers.
Boots sold to Weston family in £6.7bn deal
Boots is set to change hands again after the Canadian arm of the billionaire Weston family agreed to acquire the health and beauty retailer for $8.9bn (£6.7bn), including debt…
Müller plans to close two factories in Germany
Theo Müller plans to close two production plants in eastern Germany – one manufacturing sauces and another cheese. The post Müller plans to close two factories in Germany appeared…
Xandres is growing in the Netherlands and expanding into Germany
Xandres attributes its revenue growth in the past fiscal year primarily to strong momentum in the Netherlands. Now, the Belgian fashion company is shifting its focus to Germany…
The next big skincare trend isn’t on your face, it’s in your hands
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…
Farmers concerned about long-term food security, McCain report finds
McCain Foods’ annual farming report found that external conditions are negatively affecting farmer’s future plans, with extreme weather, rising costs and policy uncertainty all…
Turnover grows 4.5% at Sweaty Betty but losses hit £5.25m
Sweaty Betty’s pre-tax losses have hit £5.25m, as the activewear brand faced higher administrative and operational costs associated with restructuring. The sportswear specialist…
EXCLUSIVE: PayPoint to double fees for some stores to make charges “simpler and fairer”
The move will effect hundreds of stores
Cheese Merchants names new CEO of external manufacturing
Pat Greco brings extensive experience in mergers and acquisitions to the position. He previously served as President for G Ninety Family Partners in St. Charles, Ill. He holds an…
ASOS confirms that hackers breached the app for a ransom note
ASOS confirms that hackers exploited the fashion retailer’s app for a public extortion attempt, a rare tactic in cyberattacks. The online clothing retailer says basic data may…
Parfetts brings The Local fascia to four Carlisle stores
The deal has seen investment across the four stores, including new branding and refreshed layouts
86% of farmers can’t plan for their farm’s future amid mounting uncertainty, McCain research reveals
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…