Food: latest news, insights and analysis | ESM Magazine

Dutch Discount Retailer Enters Portugal, Eyes Further Expansion

Dutch discount retailer Action has opened its first store in Portugal, in Vila Nova de Gaia, with three more openings planned in the north of the country l...

Private Label Sales Increase To $236.3bn In 2023

Private label products witnessed a 4.7% increase in dollar sales to $236.3 billion in 2023 compared to the previous year, according to PLMA’s 2024 Pr...

UK Retailer Sainsbury's Plans To Cut 1,500 Roles

British supermarket group Sainsbury's said it plans to cut about 1,500 roles, as it seeks cost savings to invest back into the business.

South Africa's Woolworths H1 Profit Falls As Shoppers Spend Less

South African fashion retailer Woolworths reported a 7.5% fall in half-year earnings, as consumers pulled back on discretionary spending and the count...

France's CMA CGM Unit Raises Offer For UK's Wincanton

CEVA Logistics, a unit of French shipping firm CMA CGM, raised its offer to buy Wincanton to about £604.7 million ($766.2 million), hoping to fend of...

Amazon US To See 8.9% Growth In Grocery Sales This Year: Study

Amazon's US operation is set to see grocery and gourmet food sales increase by 8.9% this year, a new study by Momentum Commerce has found.

Nestlé Misses Full-Year Organic Sales Estimates As Price Hikes Deter Shoppers

Nestlé has reported full-year organic sales growth slightly below expectations, as the world's biggest packaged food company continued to hike price...

Danone Confident About 2024 Sales After Stellar Full-Year

French food group Danone said it was starting this year with confidence after it delivered 2023 sales growth at the top end of its forecast, and improved i...