Meituan Swings To Profit In Q2 As Price Wars Subside
Meituan returned to profit and beat revenue growth forecasts as subsidy-driven competition in China’s one-hour delivery market eased.
Corporate
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McBride announces manufacturing partnership with Vestacy
European FMCG manufacturer McBride has announced the acquisition of two manufacturing facilities as part of a long-term agreement with global home care company Vestacy. Vestacy is…
Seasalt reports record £12.1m EBITDA despite fall in revenues
Stronger earnings and a growing international partner network offset pressure from lower sales and the exit from its US store estate
Lidl’s parent company invests another 5.6 billion euros in German data center
Schwarz Gruppe, the parent company of Lidl and Kaufland, is allocating up to 5.6 billion euros for a new data center near Rostock. Following an 11-billion-euro investment in…
Northern And Eastern Europe Lead European Retail Growth – NIQ
EU retail turnover expansion cooled to 2.1% in 2025, continuing a downward trajectory from the post-pandemic highs of 5.5% in 2023.
Italian Regulator Approves Takeover Of Emmeci And Mega By Unes Maxi
Italy’s Competition and Market Authority has cleared the acquisition of retailer Emmeci and property entity Mega by Unes Maxi.
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.
Pernod Ricard posts declining full-year results, cites weak China demand
Global alcohol manufacturer Pernod Ricard reported a weak full-year performance, with net sales decreasing by 3.9 per cent to approximately £8.1bn. The company saw its net profit…
Dollar Stores Beat Sales Estimates As Cheaper Essentials In Demand
Dollar General and Dollar Tree surpassed quarterly sales estimates as lower-priced essentials drove consumers to their stores.
Berglandmilch in talks over “merger” with Austrian rival
Berglandmilch is in negotiations over a possible “merger” with fellow Austrian dairy group Obersteirische Molkerei. The post Berglandmilch in talks over “merger” with Austrian…
Unite proposes strike at Diageo’s Scottish distillery
Trade union Unite announced plans to dispute over job cuts at Diageo’s Cameronbridge distillery in Leven, Scotland. Diageo is the parent company of a portfolio of popular alcohol…
Savers to open new Northampton distribution centre
Savers is to open a new distribution centre in Northampton in late 2026, as it invests in additional capacity to support the retailer’s growth.