Poundland owner launches auction just over a year after £1 takeover
Gordon Brothers has kicked off a formal sale process for Poundland, hiring advisory firm Alvarez & Marsal to sound out potential buyers. Little more than a year after snapping up…
Corporate news
Fresh headlines across food, beverage, personal-care, home-care, retail and FMCG services, updated automatically and linked to the original publishers.
Pieter Pot brings back its app and loose produce
Following its merger with Andy, Pieter Pot is once again standing more firmly on its own two feet: the packaging-free online supermarket is launching a completely revamped app on…
Build-A-Bear fires chief growth officer as earnings fall flat
The company's summer trend merchandise didn't resonate with customers and wholesale progressed slower than expected.
Aldi supplier Cockerill invests £1.65m in potato farming
Yorkshire-based potato supplier Cockerill has announced a £1.65m investment in automation and future growth as it continues to strengthen its long-term Aldi partnership. Cockerill…
German Billionaire Klaus-Michael Kuehne Passes Away
German investor Klaus-Michael Kuehne, the controlling shareholder of Swiss logistics group Kuehne + Nagel, has passed away aged 89.
Spinneys Overcomes Freight Disruption To Post 5% Revenue Growth In H1
Spinneys, which operates Waitrose in UAE, reported 2026 revenue of AED 1.9 billion (€448 million) in the first half.
Maersk Q2 Profit Surges Past Forecasts, Raises Outlook For Second Time This Year
Maersk smashed profit forecasts and raised its full-year earnings guidance for a second time this year due to higher freight rates.
Ardagh Glass Packaging Invests In Electric Heat Pump System At German Facility
Ardagh Glass Packaging is shifting away from gas at its Obernkirchen facility in Germany with a new electric heat pump system.
Ralph Lauren calls for “optimism and aspiration” as profits jump 23%
Ralph Lauren has raised its full-year outlook after posting better-than-expected first-quarter results, driven by strong trading across its retail and wholesale channels…
DP World Takes Over Six Grocery Sites From GXO
DP World will take over six UK contract grocery logistics sites from GXO Logistics as part of the latter's acquisition of Wincanton.
Smurfit Westrock Downgrades Full-Year Profit Guidance On Freight Costs
Smurfit Westrock cuts its full-year profit forecast as higher freight costs are expected to persist for the rest of the year.
ADM Lifts 2026 Profit Forecast On Strong Margins, Favourable Biofuels Outlook
Archer-Daniels-Midland raised its 2026 profit outlook as it beat Wall Street estimates for second-quarter earnings.