Walmart touts low prices, meal offerings as key grocery levers
“Our price gaps to conventional grocers here in the U.S. are strong, and they continue to widen,” CEO and President John Furner said on an earnings call.
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Amazon Plans Drone Delivery Expansion To Nearly 500 US Cities
Amazon has announced plans to expand its Prime Air drone delivery service to nearly 500 cities across the US by the end of 2026.
Vandemoortele allowed to acquire Délifrance, on one more condition
The British competition authority has given the green light for the acquisition of the bakery company Délifrance by the Belgian Vandemoortele Group. However, Vandemoortele must…
JBS Makes New Bid For Full Control, Delisting Of Pilgrim's Pride
Brazilian meatpacker JBS aims to acquire full control and delist Pilgrim's Pride by buying out its remaining shares.
UK watchdog clears Vandemoortele-Délifrance deal with new proviso
The UK’s competition watchdog has cleared Vandemoortele’s acquisition of bakery peer Délifrance but with a new proviso. The post UK watchdog clears Vandemoortele-Délifrance deal…
JD Sports lowers profit expectations although online sales grow
JD Sports has lowered its profit expectations for FY27 from £750-850 million to £700-800 million after a weak second quarter. The post JD Sports lowers profit expectations…
Luxury perfumes drive sales and profit growth at Estée Lauder
Rising demand for premium perfumes and strong performance in the key Chinese market have made Estée Lauder optimistic following an increase in revenue and profits during the past…
International Expansion Drives Emmi Group's H1 Sales Growth
Emmi reported CHF 2.3 billion (€2.5 million) in sales and an organic growth of 3.6% in the first half of its financial year 2026.
JD Sports cuts profit guidance as footwear sales slow in Q2
Group organic sales fell 1.3%, while like-for-like sales dropped 3.1%
China aims to block European investigation into MediaMarkt acquisition
China is instructing its companies and institutions not to cooperate with the European investigation into the Chinese e-commerce giant JD.com. The Ministry of Justice in Beijing…
JD Sports is struggling in the U.S.
The British retailer JD Sports is seeing its revenue continue to decline and expects lower profits, primarily due to weak consumer confidence in the U.S. In Europe, however, the…
Poundland Could Face Another Ownership Change A Year After Takeover
Poundland could face a second round of ownership change as Gordon Brothers is reportedly considering a sale of the UK discount chain.