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Retail
Simone Margulies To Succeed Klas Balkow As Axfood's New CEO And President
Swedish retailer Axfood has appointed Simone Margulies as its next chief executive officer and president, effective 15 August 2024.
Innovation Key For Retailers To Retain Relevance, Study Finds
As established retail players continue to be outperformed by creative newcomers, a new study by Boston Consulting Group (BCG) and the World Retail Congress...
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
Beiersdorf Raises 2024 Sales Guidance After Strong First Quarter
German skincare company Beiersdorf has raised its 2024 sales guidance, citing a strong first-quarter for its Nivea brand in all regions.
Procter & Gamble Price Hikes Thin Shoppers’ Wallets
Rising prices of personal care products could quash Americans' habit of buying big-brand-name items for their household pantries, posing a threat to Procte...
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Fresh Produce
Upgrade Your In-Store Bakery With MHS Bread-Slicing Machines
For supermarkets with their own in-store bakery, MHS now offers the perfect solution, allowing customers to slice their bread without the need for staff.
Arla Foods Appoints Bjarke Munk Kamstrup As New Head Of Media Relations
Arla Foods has appointed Bjarke Munk Kamstrup as its new head of global media relations, effective 1 May 2024.
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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
Denmark Bets On Cow Feed Additive To Reduce Methane Emissions
Denmark has agreed to help farmers finance a feed additive that is expected to reduce methane emissions from cattle by up to 30%, its government said.
HelloFresh Opens New Automated Production Facility In The UK
Meal-kit firm HelloFresh has opened an automated production facility in Derbyshire as it seeks to boost growth and innovation of its brands in the UK.
Technology
Wolt Launches New Advertising Service, Wolt Ads
Finland's Wolt has launched its own advertising service as it seeks to help its partners accelerate their growth and visibility.
US E-Commerce Penetration Rate Hits 87%, Study Finds
E-commerce penetration in the United States stands at 87%, well ahead of most European countries, a new study by Stocklytics.com has found.
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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