Retail

Race For Japanese 7-Eleven Owner Heats Up With Founding Family Bid

Japan's Seven & i Holdings has received a buyout proposal from a member of its founding Ito family – a potential $58 billion (€54....

Coop Amba Members Fredensborg Brugsforening, Føroya Keypssamtøka Form New Company

Coop Amba members Fredensborg Brugsforening (FOB) and Føroya Keypssamtøka (FK) have teamed up to form a joint company with 50% ownership and...

Chinese Dairy Producers Shift Focus To Adult Nutrition As Infant Formula Market Set To Shrink, Says GlobalData

The combination of falling birth rates and intense competition has prompted several dairy producers in China to concentrate more on adult nutrition rather...

Carrefour France To Add Nutri-Score Information On Products Sold Online

Carrefour has asked its suppliers to include the Nutri-Score labeling system on all eligible own-brand products sold on its French website.

Irish Private Sector Firms Optimistic About Output Growth, Study Finds

Irish private sector firms were among the most confident about output growth over the next 12 months, according to a new survey by S&P Global Ireland B...

FoodDrinkEurope Elects Henrik Samuelson As Its New Chair

FoodDrinkEurope, which represents the European food and drink industry, has elected Henrik Samuelson as its new chair.

Canada's Loblaw Hurt By Weak Demand For Household Items, Misses Q3 Revenue Estimates

Canadian supermarket retailer Loblaw Companies missed third-quarter revenue estimates, hurt by a slowdown in the demand for its non-essential goods such as...

UK Supermarket Sales Slow Down As Consumers Scale Back Spending: Study Finds

Sales at UK supermarkets slowed in the last four weeks to 2 November 2024 as shoppers scaled back their expenditure ahead of Christmas and Black Friday pro...