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Retail
UK Retail Sales Stagnate Despite Easing Inflation
British retail sales stagnated in March despite high inflation easing recently, representing the first time that they have not grown in monthly terms since...
Despar Italia Maintains Growth, To Invest €100m In 2024
Despar Italia, a consortium of six food distributors and affiliated retailers, has reported a 5.6% revenue increase in 2023 to €4.4 billion.
METRO AG Chief Executive Dr Steffen Greubel Talks To ESM
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Private Label
Morrisons Obtains Carbon-Neutral Certification For Egg SKU
Morrisons has obtained carbon-neutral certification for its ‘Better For Our Planet’ egg SKU from the British Standards Institution (BSI), the n...
Hazelnut Cream Giant Nutkao Up for Sale: Reports
Nutkao, a leading Italian producer of private-label hazelnut cream, is reportedly exploring a sale of around 80% of the company, according to daily Corrier...
Grocery Insider
Conad’s Francesco Avanzini Discusses The Italian Retailer’s Future Strategy
There's a new name at the head of Italian retailer Conad – Francesco Avanzini, who alongside president Mauro Lusetti, is seeking to forge a succ...
How To Build Leadership In Sustainability – The Coca-Cola HBC Approach
Marcel Martin, chief corporate affairs and sustainability officer at Coca-Cola HBC, speaks to ESM about the importance of the firm's sustainability strateg...
Features
A-Brands
Vitafoods Europe Announces Full Speaker Lineup For 2024 Edition
Vitafoods Europe has unveiled its full line-up of high-profile industry speakers for its 2024 event in Geneva, taking place from 14 to 16 May.
Danone Beats First-Quarter Sales Forecasts, Keeps 2024 Goals
Danone has posted stronger-than-expected quarterly sales, with all businesses delivering volume growth as the world's largest yoghurt maker managed to rais...
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Fresh Produce
Ireland's Aurivo Reports Decline In Revenue, Operating Profit In FY 2023
Irish dairy cooperative Aurivo has seen a 71.4% decline in operating profit to €5.1 million in its financial year 2023, down from €17.8 million i...
Bridor Acquires Artisanal Bakery Product-Maker Pandriks
Bridor, a subsidiary of Le Duff Group, has acquired organic and artisanal bakery products maker Pandriks Holding B.V.
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Drinks
Corona Beer Maker Constellation Brands Forecasts Annual Profit Above Estimates
Constellation Brands forecast annual profit above Wall Street expectations, banking on resilient demand for its core beer brands despite sticky inflation.
China's Crowded Wine Market Offers No Lifeline For Struggling Global Industry
Australia's wine industry has cheered news that China will drop anti-dumping tariffs, re-opening its market to imports, but the tougher economic...
Supply Chain
JDE Peet's Sees Coffee Industry Struggling To Meet EU Deforestation Law
JDE Peet's, one of the world's largest coffee companies, said the global coffee industry is finding the timing very tight to comply with a new EU law banni...
US Wheat Farmers Face Bleak Crop Economics As Grain Oversupply Hits
Profit is growing further out of reach for US wheat farmers and many do not expect to break even in 2024 as ample global supply keeps prices around their l...
Technology
Deliveroo Returns To Order Growth In First Quarter
British meal delivery company Deliveroo reported a return to order growth in its first quarter, with a 2% increase year-on-year.
Just Eat Takeaway's Q1 Transaction Value Matches Estimates
Just Eat Takeaway has reported first-quarter gross transaction value (GTV) in line with expectations, on the back of accelerated growth in its key UK and I...
Packaging
International Paper Clinches Deal To Buy DS Smith
International Paper said that it has agreed to an all-share deal to buy DS Smith, valuing the British paper and packaging firm at £5.8 billion (&euro...
DS Smith Invests €6m In Sustainable Plastic Replacement Solution
Packaging firm DS Smith has invested €6 million in a four-colour converting machine for its Eerbeek packaging plant in the Netherlands.
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