Albertsons hastens cost-cutting drive as sales continue to flounder
As the grocer recorded its third consecutive quarter of falling identical sales growth, its CEO indicated that layoffs and store closures in certain markets are on the table.
European FMCG news
Fresh headlines across food, beverage, personal-care, home-care, retail and FMCG services, updated automatically and linked to the original publishers.
Tetra Pak Earns EcoVadis Sustainability Platinum Medal Again
For the second consecutive year, Tetra Pak has been awarded the EcoVadis Platinum medal, the highest level of recognition.
Nordstrom expands FAO Schwarz offerings, debuts new app features for holidays
The department store revamped its Nordy marketing character and is offering same-day beauty deliveries at select locations this season.
US Grocer Albertsons Pulls Annual Outlook, Accelerates Turnaround Efforts
Albertsons withdrew its FY2026 forecasts as it launched a broad review of its business to cut costs, lower prices and reverse sluggish sales.
Investigators Hunt French Supermarket Fridge Hackers, No Claim Of Responsibility
French investigators on Tuesday were hunting the hackers who seized control of cooling units at hundreds of supermarkets.
Independent convenience sales grow faster than most supermarkets
The figures mark a significant turnaround following months of declining sales earlier this year
Ahold Delhaize Has No Indication Client Data Was Stolen In Cybersecurity Incident
Ahold Delhaize has no indication that client data has been stolen in the cybersecurity incident that forced it to shut down several systems.
Morrisons expands grocery deliveries by Just Eat robots
The British supermarket chain Morrisons and meal delivery service Just Eat are continuing to roll out their autonomous delivery robots. In Cambourne, more than 12,000 residents…
Justin Timberlake, Jessica Biel enter protein soda market
Proda is betting the celebrity backing will help the brand enter more mainstream retail outlets.
Kroger Plans To Eliminate 3,000 Corporate Roles, Memo Shows
Kroger plans to cut roughly 3,000 corporate roles over the next three years, as the grocer integrates AI into its workflow, memo showed.
Beverage bottler Refresco wants to return to the stock market
Dutch beverage producer Refresco is exploring a return to the stock market in collaboration with its major shareholder, KKR. If listed, the Rotterdam-based company could be valued…
Givaudan Sales Beat Market View On Fine Fragrance Strength, Boosting Shares
Demand for luxury perfumes and continued recovery in flavours drove Givaudan’s organic sales growth beyond market expectations.