Supply Chain

Campbell Soup's Price Hikes Drive Quarterly Profit Beat

Campbell Soup beat Wall Street estimates for third-quarter profit on Wednesday as the maker of Pepperidge Farm cookies benefited from several quarters wort...

Hormel Foods Reaffirms 2023 Forecasts, Shares Rise

Hormel Foods reaffirmed its annual sales and profit forecasts even as its second-quarter revenue missed estimates, sending the company's shares up as much...

Germany's Penny Commits To Regional Fruit And Vegetables

German discount retailer Penny has announced it is creating its own overarching regional brand, 'Marktliebe Regional', to underpin its commitment to locall...

Lidl Becomes Main Sponsor Of UCI WorldTour Team Lidl-Trek

Lidl has announced it will expand its involvement in professional cycling as it becomes the main sponsor and strategic partner of the UCI WorldTour team Li...

CCEP Announces Investment Of €700m In 2023

Coca-Cola Europacific Partners (CCEP) has announced plans to invest at least €700 million in 2023 in capital expenditure to deliver a better service t...