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Restructuring

Eroski Overcomes Difficulties, Targets Growth Through Franchising

Eroski Overcomes Difficulties, Targets Growth Through Franchising

Eroski Overcomes Difficulties, Targets Growth Through Franchising

Spanish grocery cooperative Eroski has overcome past difficulties and is now positioned for renewed growth, CEO Rosa Carabel told daily El Pais.

Brazil's GPA Reports Sharply Narrower Fourth-Quarter Loss

Brazilian food retailer GPA, controlled by France's Casino, reported that its fourth-quarter loss narrowed to 303 million reais ($61.36 million), improving...

Brazil's GPA Reports Sharply Narrower Fourth-Quarter Loss

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...

Logistics, Delivery Heft Could Help Amazon Margins, Profitability

Whether Amazon.com can cash in on its delivery heft by boosting fee revenue from its 'Buy With Prime' service after a 2022 overhaul of its logistics n...

French Finance Minister Vows To Defend Staff At Groupe Casino

French finance minister Bruno Le Maire has vowed to defend staff at debt-ridden supermarket retailer Groupe Casino, amid fears of job losses that could ari...

P&G To Record Up To $2.5bn In Gillette Writedown, Operations Rejig

Procter & Gamble said it would record up to $2.5 billion (€2.3 billion) in charges over two fiscal years as it writes down the value of its Gillet...

Oatly Reports Revenue Growth Of 2.5% In Third Quarter

Oatly Reports Revenue Growth Of 2.5% In Third Quarter

Swedish oat drinks maker Oatly has reported 2.5% year-on-year growth in revenue to $187.6 million in the third quarter of its financial year.

FrieslandCampina Targets Annual Cost Savings Of €400m To €500m

Dutch dairy cooperative FrieslandCampina aims to achieve annual cost savings in the range of €400 million to €500 million from 2026, by implement...

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Juul Plans To Lay Off 30% Of Workforce In Cost-Cut Push, Source Says

Juul Plans To Lay Off 30% Of Workforce In Cost-Cut Push, Source Says

Groupe Casino To Continue Negotiations With Kretinsky's EP Global Commerce

Groupe Casino To Continue Negotiations With Kretinsky's EP Global Commerce

Beyond Meat Expects Sharper Growth In Second Half, Posts Smaller Loss

Beyond Meat Expects Sharper Growth In Second Half, Posts Smaller Loss

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British American Tobacco South Africa Proposes Restructuring, 200 Jobs At Risk

British American Tobacco South Africa Proposes Restructuring, 200 Jobs At Risk

Just Eat Takeaway To Restructure In France, Cut 390 Jobs

Just Eat Takeaway To Restructure In France, Cut 390 Jobs

Unilever Restructuring Announcement Reflects Broader Challenges Facing FMCG Firms: Analysis

Unilever Restructuring Announcement Reflects Broader Challenges Facing FMCG Firms: Analysis

Danone To Cut Fewer Jobs Than Initially Planned: Reports

Danone To Cut Fewer Jobs Than Initially Planned: Reports

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