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Maxima Grupė Appoints Manfredas Dargužis As New Chief Executive

Lithuanian retailer Maxima Grupė has announced the appointment of new chief executive officers at Maxima Grupė and Maxima LT.

Amcor Reports 4% Growth In Net Sales In First Nine Months

Packaging firm Amcor has posted a 4% increase in reported net sales, to $11 billion (€9.96 billion), in the first nine months of its financial year.

Action Voted 'Favourite Retailer In France' In EY-Parthenon Study

Discount retailer Action has been awarded ‘Favourite Retailer France’ by consulting agency EY-Parthenon as part of their annual study, which wa...

Nestlé Sees Price Pressures Easing, Chairman Paul Bulcke Tells Newspaper

Nestlé is seeing an easing of price pressures stemming from raw materials, transport and packaging costs, said chairman Paul Bulcke, adding that com...

Alibaba To Split Into Six Units, Seek IPOs

Alibaba Group plans to split its business into six main units covering e-commerce to cloud in the biggest restructuring of its 24 year history, five o...

Carrefour Extends Alexandre Bompard's Tenure For Three Years

French supermarket retailer Carrefour has agreed to extend chairman and CEO Alexandre Bompard's term for another three years, through to its 2026 annual sh...

Britain's John Lewis Appoints Nish Kankiwala To New CEO Role

Britain's John Lewis Partnership has named Nish Kankiwala as its chief executive, creating a new role to drive profitability at the employee-owned ret...