UK

Aerofoil Energy Opens Advanced In-House Refrigeration Laboratory

Aerofoil Energy has commissioned a state-of-the-art research and development laboratory to meet the growing industry demand for innovation around energy ef...

Lidl GB Raises Store Workers' Pay By 2.8%, Above Inflation Rate

Lidl GB is to give its 28,000 hourly paid workers a pay rise of at least 2.8%, it said, a figure slightly above the current inflation rate of 2.5%.

ESM's Retail Recap: Ontex; Maxima Latvija; Unilever; Asda

Ontex to sell Turkish subsidiary to Dilek Grup; Maxima Latvija cuts prices of almost 1,000 products; Unilever invests in fragrance development and Asda tes...

Premium

Morrisons To See Stronger Growth Unless Asda Resolves Operational Problems: Moody’s

UK grocer Morrisons will outpace Asda in revenue and earnings growth until the latter resolves its operational problems, ratings agency Moody's said.

Tony’s Chocolonely Posts Growth In Net Revenue In FY 2023/24

Dutch chocolate manufacturer Tony’s Chocolonely has reported 33.2% year-on-year growth in net revenue to €200.1 million in its full financial ye...

Iceland Foods Appoints Kristian Barrett As Chief Operating Officer

Frozen food retailer Iceland Foods has appointed Kristian Barrett as its new chief operating officer.

DS Smith, International Paper Officially Combine Forces

Packaging giants International Paper and DS Smith have officially come together to create a 'new global leader in sustainable packaging solutions', the com...