Maersk Q2 Profit Surges Past Forecasts, Raises Outlook For Second Time This Year
Maersk smashed profit forecasts and raised its full-year earnings guidance for a second time this year due to higher freight rates.
Corporate
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Brazil’s GPA Reports 7% Q2 Revenue Drop Amid Restructuring
Brazilian grocery retailer GPA has reported that total sales for the second quarter of its 2026 financial year fell by 7.0%.
Consum Invests €7.9m In Electronic Shelf Labels For Fresh Produce
Spanish cooperative Consum has outfitted the fresh-produce sections across its 500+ stores with dynamic electronic shelf labels.
Bealls plots store expansion
The retailer plans to open 13 locations in six states this fall. Meanwhile, it has expanded its New York City buying office.
Domestic Demand And Global Expansion Drive Alicorp’s Q2 Growth
Peruvian consumer goods company Alicorp posted consolidated net sales of S/3.15 billion (€816.2 million) for Q2 2026.
First potential buyer steps forward for bankrupt bicycle group Accell
The Irish investment firm Quanta Capital is interested in acquiring Accell, the company behind the bicycle brands Sparta, Batavus, Raleigh, and Babboe, which was declared bankrupt…
UltraPhil Center for Aseptic Excellence announces new beverage entrepreneur program
Participation in the UltraPhil Startup Blueprint Program is by application and is intended to provide qualifying startups with industry support to produce pilot-scale aseptic…
Biscoff owner plans ‘substantial’ US investment
Lotus Bakeries is expanding production in North Carolina as part of a $577 million commitment to accelerate growth in global markets.
“No big change in strategy” under new JBS CEO – key takeaways from leadership transition, Q2 results
Wesley Batista Filho assured investors it will be business as usual as he prepares to take the reins at the JBS meat giant in the new year. The post “No big change in strategy”…
Brazil’s Assaí Posts €3.6bn In Q2 2026 Revenue
Brazilian cash-and-carry company Assaí posted gross revenue of R$ 21.4 billion (€3.6 billion) for the second quarter of 2026.
Douglas hints at store closures following loss-making quarter
The Douglas perfume chain is feeling the reluctance of European consumers more and more acutely. In the third quarter, revenue fell slightly, but operating profit took a much…
Stevensons operations director on digital innovation making back-to-school shopping child’s play
As back-to-school shopping becomes increasingly digital, Stevensons is leaning on a century of retail experience, while accelerating investment in ecommerce, personalisation and…