Switzerland

South Africa's SPAR Finds Buyer For Polish Business, Sees Improved Profitability Ahead

South Africa's second-biggest supermarket retailer, SPAR Group, reported a 7.6% decline in half-year earnings as cost increases grew more than th...

Migros Supermarket AG To Cut 150 Jobs As It Streamlines Business

Migros Supermarket AG, the supermarket business unit of Migros, will implement its new organisational structure on 1 July 2024.

Lindt & Sprüngli Expands Facility In Olten, Switzerland

Lindt & Sprüngli has inaugurated the plant extension at the Lindt Cocoa Centre in Olten, Switzerland, after nearly three years of construction.

Nestlé Launches Nespresso In India As It Focuses On Premium Coffee Category

Nestlé has launched Nespresso in India as it seeks to meet consumer demand and focus on expanding the premium coffee category in the country.

Coop Switzerland’s Thomas Schwetje On Balancing Technology And Complexity

As part of our Retail Technology report, ESM reached out to leading retail executives to get their perspectives on several salient topics when it comes to...

Lindt & Sprüngli Sees Profit Rise On Price Increases

Lindt & Sprüngli reported higher 2023 profit, as the Swiss chocolate maker managed to pass on increasing raw material costs to customers amid a sl...

Kuehne+Nagel's Annual Operating Profit Nearly Halves

Swiss logistics group Kuehne+Nagel reported a bigger-than-expected 49% drop in annual operating profit, citing weaker performance across nearly all its seg...

Nestlé Misses Full-Year Organic Sales Estimates As Price Hikes Deter Shoppers

Nestlé has reported full-year organic sales growth slightly below expectations, as the world's biggest packaged food company continued to hike price...