Sales

UK Retail Sales Plunged Before New Government's Budget: ONS

British retail sales fell by much more than expected in October, according to official data that added to other signs of a loss of momentum in the economy.

SuperValu Parent Musgrave Group Reports Record Turnover In FY 2023

Musgrave Group has exceeded €5 billion in annual turnover, with profit after tax amounting to around €104 million in its financial year 2023.

Lidl GB Reports Double-Digit Turnover Growth In FY 2024

Lidl GB has reported turnover growth of 16.9% to approximately £11 billion (€13.2 billion) in its full financial year to February 2024.

Tobacco Giant Imperial Brands Beats Full-Year Profit Forecasts

Imperial Brands reported forecast-beating operating profit and said it expected another strong performance next year, as revenues from smoking alternatives...

Nestlé To Boost Marketing, Cut Costs By $2.8bn Under CEO Freixe

Nestlé will boost advertising and marketing, trim costs by at least $2.8 billion by 2027 and carve out its water and premium drinks businesses into...

UK Discounter B&M Reports 2% Rise In First-Half Core Earnings

British discount retailer B&M said it was "well positioned" for the key Christmas quarter as it reported a 2% rise in first-half core earning...

El Corte Inglés Posts Double-Digit EBITDA Growth In H1

Spanish retailer El Corte Inglés reported double-digit growth in EBITDA to €520 million in the first half of its financial year.

Mars Appoints Hans Bakker As Regional General Manager Of European Food And Nutrition Unit

Mars, Inc. has appointed Hans Bakker as the regional general manager of Food & Nutrition Europe and Dave Dusangh as regional president of Mars North Am...