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Metro AG Sees Third Quarter Sales Up, Germany Sales Down 2.4%

Metro AG Sees Third Quarter Sales Up, Germany Sales Down 2.4%

Metro AG Sees Third Quarter Sales Up, Germany Sales Down 2.4%

Wholesale giant Metro AG has reported a 3.4% increase in sales in local currency, to €7.98 billion, in the third quarter of its financial year.

Mars To Acquire Kellanova In Mega $36bn Deal

Mars said it would buy Kellanova in a nearly $36 billion (€32.7 billion) deal, making it the biggest buyout in the packaged food industry.

Mars To Acquire Kellanova In Mega $36bn Deal

Tesco Has Gained Share Every Month For The Past Year, Says Kantar

Tesco has gained market share in the UK every month since August 2023, with the retailer now holding 27.6% of the British grocery market, new data from Kan...

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Grocery Real Estate Investment In Europe Dropped 19% Last Year

Real estate investment in the European grocery market fell by 19% last year, to €6 billion, new data from Savills has found.

UK's Asda Posts 5.3% Drop In LFL Sales In Second Quarter

Asda, Britain's third biggest supermarket group, posted a 5.3% decline in underlying sales in the three months to the end of June, as it continues to under...

Food And Grocery Spend Up 42% In Paris During Olympic Games

Spending on food and groceries was up 42% in Paris over the first weekend of the Olympic Games, new data from Visa has shown.

Ahold Delhaize Sees Sales Up 4.5% In European Operations In H1

Ahold Delhaize Sees Sales Up 4.5% In European Operations In H1

Ahold Delhaize has reported a 4.5% increase in sales, at constant currency rates, in its European operations in the first half of its financial year.

Les Mousquetaires To Invest €100m in Portuguese Expansion

French retail group Les Mousquetaires, parent company of Intermarché, Bricomarché, and Roady, plans to invest €100 million over the next...

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Food Giant Mars Exploring Acquisition Of Kellanova, Sources Say

Food Giant Mars Exploring Acquisition Of Kellanova, Sources Say

Global Volume Share Of Low-Calorie Soft Drinks Set To Soar, Says GlobalData

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Global Volume Share Of Low-Calorie Soft Drinks Set To Soar, Says GlobalData

Amazon Says Consumers Cautious, Forecasts Revenue Below Targets

Amazon Says Consumers Cautious, Forecasts Revenue Below Targets

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Dia Reports Growth In Sales, Profits As It Completes Business Transformation

Dia Reports Growth In Sales, Profits As It Completes Business Transformation

Sonae's First-Half Turnover Exceeds €4bn Boosted By MC, Worten

Sonae's First-Half Turnover Exceeds €4bn Boosted By MC, Worten

Danone Beats Sales Forecasts As Price Hikes Decelerate

Danone Beats Sales Forecasts As Price Hikes Decelerate

Majority Of US, UK Food Retailers In 'Theft Crisis' Mode, Study Finds

Majority Of US, UK Food Retailers In 'Theft Crisis' Mode, Study Finds

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