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Russian Retailer Lenta's Expansion Cost RUB 54.3bn

Russian retailer Lenta announced that its year of rapid expansion, which saw it add 51 hypermarkets and 17 supermarkets, cost the company RUB 54.3 bil...

PepsiCo Benefits From Health Focus As More Americans Ditch Soda

PepsiCo, Inc., the maker of Mountain Dew and Cheetos, is getting a boost from its resolution to shape up. The food giant now generates 45% of its revenu...

Danone Posts 2.9% Like-For-Like Growth In 2016

Yoghurt company Danone has reported a 2.9% growth in like-for-like sales for 2016 – an increase of €21.9 billion. Reported sales declined 2.1...

Heineken Sees Profit Growth In 2017 As Sales Soar In Asia

Heineken NV, the world’s second-largest brewer, forecast growth in sales and earnings this year, as customers in Vietnam and other Asian markets drin...

Switzerland's Coop Group Sees Total Sales Up 5.2% In 2016

Swiss retailer Coop Group has seen an increase in sales and earnings for 2016, with total sales of CHF 28.3 billion (€26.5 billion), an increase of 5....