Fierce competition weighs on Temu’s profits
PDD Holdings, the parent company of Chinese e-commerce discount retailer Temu, is seeing its profits decline due to fierce competition in its home market, while in the U.S. and…
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Philip Morris Gets FDA Nod For 11 New Nicotine Pouches
The US FDA has authorised 11 nicotine pouch products recently launched by Philip Morris, citing lower levels of harmful constituents.
French Retailers Step Up Emergency Support For Local Farmers
French retailers operating through the FCD renewed their commitment to support farmers hit by heatwaves and prolonged drought.
Lidl Fastest-Growing Irish Retailer As Grocery Sales Rise 5.8% - Worldpanel
Lidl emerged as Ireland's fastest growing retailer in the latest 12 weeks, with 10.3% growth compared to last year, according to Worldpanel.
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.
Waberer's Group Reports Revenue Growth Of 9.4% In H1 2026
Hungary's Waberer's Group has reported a 9.4% increase in revenue to €435 million in the first half of its 2026 financial year.
Keurig Dr Pepper Reinvents Iconic Beverage Brand With A Citrus Twist
Keurig Dr Pepper is introducing new recipe and design for its flagship 7UP brand in a first major evolution of range in more than 15 years.
Shein targets $26.8bn market valuation ahead of Hong Kong debut
The upcoming IPO follows unsuccessful attempts to list in the US and London
Billa Bulgaria Expands Glovo Partnership, Doubles Fulfilment Locations
Billa Bulgaria has scaled up its e-commerce operations in partnership with on-demand delivery company Glovo.
‘Super El Niño’ threatens UK food supply chains with severe disruption
UK food and drink supply chains could face severe disruption as the looming ‘Super El Niño’ increases the risk of drought and flooding in key sourcing markets. New WaterAid…
Dole Reports Q2 Revenue Growth Driven By Diversified Fresh Produce
Dole saw revenue growth of 2.9% in Q2 2026, driven by positive performance in diversified fresh produce – Americas and Rest of World (ROW) segment.
Morrisons launches ‘Unbeatable Prices’ discounts across essentials
Morrisons has lowered prices across a wide range of essentials as part of a pledge to offer the most affordable options compared to other major competitors. The supermarket…