North America: latest retail news, insights and analysis | ESM Magazine

HelloFresh Warns On Profit As North American Unit Disappoints

HelloFresh has cut its annual core profit outlook and narrowed down its revenue growth guidance, flagging lower than expected sales growth and higher costs...

Unilever To Sell Dollar Shave Club To Nexus Capital Management

Consumer goods giant Unilever is selling Dollar Shave Club to US-based private equity firm Nexus Capital Management LP for an undisclosed sum.

Orkla Announces Partnership With Private Equity Firm Rhône

Norway's Orkla has entered into a partnership with private equity firm Rhône to focus on investments in businesses with a transatlantic presence.

Mondelēz International Completes Sale Of Gum Business In Developed Markets

Mondelēz International has completed the sale of its developed-market gum business in the United States, Canada and Europe, excluding Portugal, to Perfetti...

Chocolate Makers' Prospects Sour As Cocoa Prices Spike

Chocolate makers like Hershey and Mondelēz face tougher trading conditions over the next year as they attempt to pass on soaring cocoa costs to cash-strapp...

Kimberly-Clark Lifts Annual Forecasts On Price Hikes, Steady Demand

Kimberly-Clark Corp raised its full-year sales and profit forecasts, as the maker of Kleenex tissues and KleenGuard benefits from price increases and resil...

Unilever To Scoop Up Frozen Yoghurt Brand Yasso

Unilever said it is set to acquire frozen yoghurt brand Yasso Holdings in North America, adding to its roster of premium ice-cream brands like Ben & Je...