Profit: latest retail news and insights | ESM Magazine

Estée Lauder Slashes Annual Profit Forecast, To Cut Jobs

MAC lipstick maker Estée Lauder slashed its annual profit forecast and announced a restructuring programme aimed at cutting about 3% to 5% of its wo...

Irn-Bru Maker A.G. Barr Names New CEO, Lifts Profit Forecast

Irn-Bru maker A.G. Barr has appointed former Saga Plc boss Euan Sutherland, a veteran in the consumer goods industry, as its next chief executive...

Frozen Food Supplier Lamb Weston Raises Annual Forecast On Higher Prices

Lamb Weston raised its forecast for full-year profit after beating quarterly estimates as the supplier of frozen potato products benefited from higher pric...

Dutch Retailer Jumbo Exceeds €11bn In Sales In Full-Year 2023

Dutch retailer Jumbo has reported a 7.3% increase in sales, to €11.02 billion, in its 2023 financial year, one year on from the retailer exceeding the...

Colruyt Sees Market Share, Revenue Up In First Half

Colruyt has reported a 16.0% year-on-year increase in revenue to €5.5 million and a more than 100 basis points gain in market share to 32.1% in the fi...

General Mills Overhauls Senior Leadership Team

General Mills has announced several changes to its senior leadership team, including the appointment of Jon Nudi as group president of its Pet and Internat...