Supply Chain: latest news, insights and analysis | ESM Magazine

Hormel Foods Reaffirms 2023 Forecasts, Shares Rise

Hormel Foods reaffirmed its annual sales and profit forecasts even as its second-quarter revenue missed estimates, sending the company's shares up as much...

Germany's Penny Commits To Regional Fruit And Vegetables

German discount retailer Penny has announced it is creating its own overarching regional brand, 'Marktliebe Regional', to underpin its commitment to locall...

Lidl Becomes Main Sponsor Of UCI WorldTour Team Lidl-Trek

Lidl has announced it will expand its involvement in professional cycling as it becomes the main sponsor and strategic partner of the UCI WorldTour team Li...

CCEP Announces Investment Of €700m In 2023

Coca-Cola Europacific Partners (CCEP) has announced plans to invest at least €700 million in 2023 in capital expenditure to deliver a better service t...

Monster Beverage Reports First Quarter Net Sales Of $1.7bn

Monster Beverage Corporation has reported 'record' net sales of $1.70 billion (€1.54 billion) in the first quarter of 2023, up 11.9%, from net sa...

Giant Food Opens New E-Commerce Fulfilment Centre In Virginia

Giant Food has announced the opening of a new Giant Delivers e-commerce fulfilment centre in Manassas, Virginia.

Mondelēz International Opens New Global R&D Innovation Centre

Mondelēz International has announced the opening of its new global research and development (R&D) innovation centre in Whippany, New Jersey.

Colgate-Palmolive Raises Annual Organic Sales Forecast On Price Hikes

Colgate-Palmolive raised its full-year organic sales forecast on Friday, betting on consistent price hikes and steady demand for its pet nutrition products...