Instacart to stop offering smart carts
The grocery technology company said retailer adoption wasn’t strong enough to justify continued investment in the equipment.
Corporate
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Yasso embarks on international expansion as yogurt bar sales soar
The brand, owned by Ben & Jerry’s parent The Magnum Ice Cream Company, is entering Canada as more consumers seek wellness-focused frozen desserts.
Coca-Cola Lifts Profit Forecast On International Soda Demand, Flags Higher Costs
Coca-Cola has raised its annual profit forecast as soft drink demand held up in markets including India and Brazil.
Poundland faces growing insolvency risk as major shareholder rejects solvent rescue proposal
Poundland is reportedly facing a growing risk of insolvency after its major shareholder declined to back a solvent takeover proposal. The post Poundland faces growing insolvency…
Sugar-free drinks are giving Coca-Cola a boost
In the third quarter, Coca-Cola posted stronger-than-expected growth in revenue and profit. The soft drink giant is also raising its outlook for the full fiscal year.
DoorDash In Talks To Buy Instacart In Roughly $17bn Deal, Source Says
DoorDash is in advanced talks to acquire Instacart in a deal that could value the grocery-delivery platform at about $17 billion: source.
Leprino Nutrition completes $35M expansion
The additional capacity is incremental to their current Sweet Whey operation and will focus on the consolidation of externally sourced whey solids. With this expansion, Lubbock…
Dutch Regulator Blocks Takeover Of Unilever's Unox Brand
Dutch market regulator ACM said it would not allow the takeover of Unilever Dutch soup and sausage brand Unox by Zwanenberg Food Group.
Umios adds to acquisition spree with High Liner Foods
Umios, formerly known as Maruha Nichiro, has continued its buying streak with a deal for Canadian peer High Liner Foods. The post Umios adds to acquisition spree with High Liner…
ATG Brands & Data acquires Lowe Alpine brand
Discover what's happening in retail today, Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and much more…
Aldi to open seven UK stores in November, creating up to 210 jobs
Supermarket chain accelerates national expansion with £370m property investment
Revolution Beauty narrows H1 loss to £1.9m as turnaround gathers pace
Adjusted EBITDA moves into profit at £2m, while gross margin rises to 43.6% and online sales increase 22%