Ocado HY shares drop as North American contracts end
Ocado Retail recorded a 15% revenue increase, outperforming the wider UK grocery market
Corporate news
Fresh headlines across food, beverage, personal-care, home-care, retail and FMCG services — updated automatically and linked to the original publishers.
Frasers withholds profit guidance amid takeover uncertainty
Sports Direct owner warns of unpredictable outcomes from Hugo Boss and Accent bids
Dunelm FY sales rise 3% to £1.8bn despite heatwave impact on Q4
The retailer expects its annual pre-tax profit to meet the market consensus of £210m
Mr Kipling Maker Premier Foods' Sales Rise On Solid Demand For Sweets
Mr Kipling maker Premier Foods said it is on track to meet full-year expectations after posting a 4% rise in first-quarter branded sales.
Stoli to boost Pride and morale with latest investment
A campaign supporting the launch of SPI Group’s Stoli brand will roll out in Brighton’s pubs and bars next month to coincide with the city’s Pride celebrations. Jessica Mason…
Uber In €12.9bn Deal For Delivery Hero To Create Global Takeout Giant
Uber has launched a public takeover offer for Delivery Hero that values the German food delivery company at $14.8 billion (€12.9 billion).
Duvel Moortgat and Heineken join the battle for Haacht Brewery
Heineken and Duvel Moortgat are in the running to acquire Brouwerij Haacht. After an initial selection round, more than five parties are still bidding for the publicly traded…
Britain's Ocado Shares Hit 13-Year Low On Lack Of Progress On Winning New US Partners
Ocado stuck to forecasts for cash flow to turn positive after posting H1 earnings boosted by one-off payments from termination fees.
Essity Beats Q2 Profit Forecast As Volumes Offset Lower Prices
Sweden's Essity reported second-quarter core earnings slightly above expectations as demand remained resilient despite cost pressures.
Aldi Nord Plans Further Store Expansion In Berlin
German discounter Aldi Nord has announced plans to further expand its store network across the German capital, Berlin.
eBay allowed to acquire Depop from Etsy after all
On Wednesday, the British competition authority, the CMA, gave the green light for eBay's planned acquisition of the fashion platform Depop. With this approval, a major hurdle to…
UK's CMA Launches Merger Inquiry Into Danone-Huel Deal
Britain's Competition and Markets Authority has launched an investigation into Danone Holdings (UK)’s proposed acquisition of Huel Limited.