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Retail
'Buy Now, Pay Later' Schemes Boost Spending By 10%, Study Finds
Consumers spend around 10% more with 'buy now, pay later' (BNPL) schemes, according to new research by Imperial College Business School.
Australia's Retail Sales Firm For Three Months As Consumer Mood Brightens
Australian retail sales firmed for a third straight month in October as tax cuts flowed through to wage packets and consumers became more confident that in...
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Private Label
Greencore Reports ‘Stronger Than Expected’ Full-Year Performance
Convenience foods group Greencore has reported what it described as a 'stronger than expected' full-year performance, seeing like-for-like revenue growth u...
Italy’s Roncadin To Produce Frozen Pizzas In Chicago
Italian frozen pizza maker Roncadin Group opened a new $30 million (€29 million) facility in Chicago, Illinois.
Grocery Insider
Features
A-Brands
Campbell's Falls Short Of Sales Estimates, Names Insider Beekhuizen As CEO
Campbell's fell short of market expectations for quarterly net sales and named insider Mick Beekhuizen as its new chief executive officer, as the company s...
J.M. Smucker Completes Divestment Of Voortman Business
The J.M. Smucker Co has announced the completion of its divestment of the Voortman business to Second Nature Brands.
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Fresh Produce
Greenyard Delivers ‘Solid’ Top-Line Performance In H1 2024/25
Fresh produce firm Greenyard has reported 'solid' topline growth in the first half of its financial year with an increase in net sales and adjusted EBITDA.
Fonterra To Move Forward With Divestiture Of Consumer Businesses
Fonterra has decided to proceed with the divestiture of its global consumer business and integrated businesses Fonterra Oceania and Fonterra Sri Lanka.
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Drinks
Russia Approves Sale Of Carlsberg Assets To Local Businessmen, Document Shows
Russia's government has approved the sale of Danish brewer Carlsberg's assets in Russia to VG Invest for 34 billion roubles (€303.5 million), a govern...
Rotkäppchen-Mumm Names Silvia Wiesner As New Chief Executive
German wine supplier Rotkäppchen-Mumm Sektkellereien has appointed Silvia Wiesner as its new chief executive officer.
Supply Chain
Ukraine Introduces Minimum Export Prices For Major Agricultural Goods
Ukraine has introduced a new system for exporting key agrarian goods, including grains, which implies a ban on shipping consignments of goods at prices bel...
World Wine Production Set For New 60-Year Low, OIV Says
World wine output is on course to hit another 60-year low in 2024 due to adverse weather, the International Organisation of Vine and Wine (OIV) has said.
Technology
Chinese Food Delivery Firm Meituan Beats Quarterly Revenue Estimates
Meituan posted a bigger-than-expected 22.4% rise in third-quarter revenue, defying sluggish Chinese consumption.
Delivery Hero's Talabat Sets Dubai IPO Offer Price At Top End
Talabat Holding is set to raise about $2 billion from its IPO this year, after its parent Delivery Hero priced the offering at the top end of the indicated...
Packaging
South Korea's Mountain Of Plastic Waste Shows Limits Of Recycling
South Korea has won international praise for its recycling efforts, but experts say the country's approach highlights its limits.
Premium
Signatories Of Global Commitment Outperform Peers In Tackling Plastic Waste, Study Finds
Signatories of the Global Commitment on circular economy for plastics have significantly outperformed their peers in tackling plastic waste, according to t...
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