Investment

Migros To Invest CHF 2.5bn In Price Cuts, Renovation And Product Range

Swiss retailer Migros plans to invest CHF 2.5 billion (€2.7 billion) in price reduction initiatives, store launches and renovations, and own-brand pro...

Waitrose Parent John Lewis 'Quietly Optimistic' On Christmas Trading

British department store retailer John Lewis is 'quietly optimistic' about trading in the run-up to Christmas despite the prospect of the new Labour govern...

Diageo To Invest An Additional €30m Into Guinness 0.0

Spirits giant Diageo is to invest an additional €30 million to double the production of Guinness 0.0 in Ireland's St. James’s Gate brewery.

UK's Mondi To Take $108m Charge After Fire Shutters Paper Mill

Mondi said it will take an impairment charge of €100 million ($108.23 million) due to the closure of its Stambolijski paper mill after a fire.

Carrefour Reports An ‘Eventful’ Third Quarter, With LFL Sales Up By 8.8%

Carrefour has reported improved performance in the third quarter of its financial year as consumer behaviour continued to recover across France and Europe.

Starbucks Pulls Annual Forecasts Amid Turnaround Under New CEO

Starbucks Corp has suspended its annual forecasts as new CEO Brian Niccol looks to turn around the coffee giant struggling to stem waning customer demand.