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

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.

UK's Bunzl Warns On Revenue As Price Inflation Eases, Demand Wanes

Britain's Bunzl, which sells everyday items from food packaging to latex gloves, has warned it expected a drop in full-year revenue as price inflation ease...

Givaudan Organic Sales Rise On Higher Prices, But Currency Effects Weigh

Givaudan reported third quarter sales a touch below market expectations, weighed down by currency exchange effects and weaker volumes in its health care, s...

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...

Diageo Appoints Sally Grimes As CEO Of North American Unit

Diageo has announced two new appointments at its North American unit as the spirits giant seeks to consolidate its leadership team to explore further growt...

UK's Bunzl Expects Higher Annual Operating Profit As Own-Brand Demand Picks Up

British business supplies distributor Bunzl forecast a rise in full-year adjusted operating profit, betting on higher margins from its healthcare and hygie...

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...