Carrefour Belgium reports revenue growth and market share gains
Carrefour Belgium closed out the third quarter with like-for-like sales growth of 2.3%. This was accompanied by a 0.2 percentage point increase in market share and a further rise…
Corporate news
Fresh headlines across food, beverage, personal-care, home-care, retail and FMCG services, updated automatically and linked to the original publishers.
Carrefour Warns Of Up To €200m Hit From Riots And Looting
Carrefour cut its annual earnings forecast as riots, looting and curfews in France raised costs and disrupted store trading.
Kroger doomed merger with weak store divestiture plan, former Albertsons CEO testifies
The grocers lost credibility with regulators because Kroger was not willing to part with enough stores, Vivek Sankaran testified as a trial over which grocer is to blame for the…
Magic: The Gathering reaches record $600M in quarterly revenue
Parent company Hasbro raised its 2026 financial outlook as it reported its strongest quarter of the year.
United Wholesale Scotland reports record £327m turnover
The record turnover comes despite operating profit falling
Dairy processors pump $15B into new and expanded manufacturing capacity
The investments span nearly every major dairy category and include new plants, facility expansions, additional processing lines and modernization projects. They reflect strong…
Amazon invests 16.9 billion euros in German AI, cloud computing, and satellite internet
Amazon has announced that it will invest more than 16 billion euros in its German operations by 2027. The investment is intended to further drive growth in cloud computing…
Marie-Stella-Maris opens fourth Belgian store in Brussels
The Dutch skincare brand Marie-Stella-Maris will open a flagship store on Avenue Louise in Brussels on November 6. This expansion follows strong growth in Belgium, where online…
Riello Investimenti takes majority interest in frozen-food business Italsur
Italian asset-management firm Riello Investimenti has acquired a majority stake in local frozen-food company Italsur. The post Riello Investimenti takes majority interest in…
2 Sisters owner invests in Bernard Matthews turkey plants
The owner of UK-based 2 Sisters Food Group plans to invest £100m ($133.4m) across its Bernard Matthews turkey operations. The post 2 Sisters owner invests in Bernard Matthews…
Europe gives the green light to Daniel Kretinsky’s takeover bid for Fnac Darty
The European Commission has approved Czech billionaire Daniel Kretinsky's public takeover bid for Fnac Darty. This clears the way for his plan to acquire a majority stake in the…
Mattel reorganizes European sales organization around retail channels
Toy manufacturer Mattel is restructuring its commercial organization in Europe. Going forward, the company will manage its sales teams by retail channel rather than primarily by…