Supply Chain

Australia’s Costa Group Appoints Marc Werner As New CEO

Australian fresh produce company Costa Group has appointed Marc Werner as its new chief executive officer, effective 1 March 2024.

UK's McBride Raises Full-Year Profit Expectations

British cleaning products maker McBride raised its annual profit expectations, thanks to resilient demand for private-label products and new contract wins.

Tequila Giant Becle Sees Margins Growing After Troubled Year

Mexican distiller Becle said it expects its profit margins to slowly improve thanks to lower input costs that helped it post a forecast-beating fourth quar...

Ahold Delhaize Reassures Investors With Cost Cuts

Supermarket group Ahold Delhaize has reported a stronger than expected fourth-quarter operating margin and said it will maintain 'a relentless focus on cos...

Hershey Forecasts 2024 Sales And Profit Below Estimates, Announces Job Cuts

Hershey has forecast full-year sales and profit below estimates and said it would cut jobs that will impact less than 5% of its workforce.

One Fifth Of Consumers 'Have Already Used Generative AI' When Shopping

A fifth of consumers have already used generative AI tools when shopping, with 72% aware of the use of the technology in shopping experience, a new study b...

Primark's Sales Growth Slows In Christmas Quarter

Associated British Foods said underlying sales growth slowed at its Primark clothing business in the Christmas quarter, reflecting unseasonal weather at th...