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.
Corporate
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Digital Brands Group weighs shareholder cash deal
After announcing a strategic review earlier this week, the company received a proposal to acquire all outstanding shares of its common stock.
Keurig Dr Pepper Reaffirms Forecast On Strong Soda, Energy Drink Demand
Keurig Dr Pepper left its annual forecasts unchanged after beating analysts' estimates for second-quarter sales and profit.
Opinion: What UK retailers need to know about the next wave of Chinese expansion
By Mark Fergusson, Head of Client Engagement, Tritax Big Box In the Year of the Fire Horse, Chinese operators are entering a new phase of UK expansion. Earlier this summer, I…
Glanbia bulks up forecasts amid protein demand
Glanbia has raised its full-year earnings forecast after what the Irish nutrition group said was a strong first half. The post Glanbia bulks up forecasts amid protein demand…
Kraft Heinz ups spending but market doubts remain
Kraft Heinz moves to spend to improve sales are “working virtually everywhere”, CEO Steve Cahillane said, as it set out plans for investment. The post Kraft Heinz ups spending but…
Exclusive: H&M allegedly plans UK head office job cuts, hitting hundreds of employees
H&M has reportedly filed for redundancies for its UK head office, in a move that is set to affect around 250 employees.
Glanbia Hikes Profit Forecast As Weight-Loss Drugs Boost Demand For Protein Products
Glanbia hiked its full-year profit forecast following bumper demand for its protein products, including customers using weight-loss drugs.
Quilceda Creek acquires full ownership of Champoux Vineyard
Washington winery Quilceda Creek, which has long owned a stake in the historic Champoux Vineyard, has now acquired the Horse Heaven Hills AVA site in full, saying it is a vineyard…
Judge casts doubt on turnaround plan for TG Jones
Restructuring involving 150 store closures carries 'very considerable' execution risk, court hears
Henkel is optimistic after a strong first half of the year
Henkel has had a strong first half-year: despite weak consumer confidence, the German multinational is seeing growth in the hair care and laundry detergent categories and is…
Despite a decline in revenue, Kraft Heinz is on track
Although food company Kraft Heinz saw its revenue decline in the second quarter, the company still reports better-than-expected results. The multinational is increasing its…