US: latest retail news and insights | ESM Magazine

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...

Cal-Maine Foods Halts Egg Production At Texas Facility After Detecting Bird Flu

Egg producer Cal-Maine Foods said it had temporarily halted production at its Texas facility after detecting avian influenza, which has led to the culling...

Purina Inaugurates New Pet Food Factory In North Carolina

Nestlé Purina PetCare has inaugurated a new pet food factory in Eden, North Carolina, with state officials, community partners and leaders from the...

China Cancels Some French Wheat Deals, Traders Tell FranceAgriMer

Grain market players are reporting that China has cancelled some US wheat purchases, France's farm office said, in a move that could be in respon...

African Cocoa Plants Run Out Of Beans As Global Chocolate Crisis Deepens

Major African cocoa plants in Ivory Coast and Ghana have stopped or cut processing because they cannot afford to buy beans, four trading sources said, mean...

GXO Outbids CEVA Logistics In Battle For UK's Wincanton

US-based warehousing firm GXO Logistics has offered to buy UK peer Wincanton for about £762 million (€889.9 million), topping an offer by CEVA L...

Sofidel Acquires A Paper Mill In The US

European tissue paper maker Sofidel has acquired a paper mill from ST Paper, a Minnesota-based company, for an undisclosed sum.

Asahi Acquires Wisconsin-Based Octopi Brewing

Asahi Europe and International (AEI) has acquired Octopi Brewing – a contract beverage production and co-packing facility based in Waunakee, Wisconsi...