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Reckitt Benckiser reviewing options for food business

Reckitt Benckiser reviewing options for food business

British consumer goods producer Reckitt Benckiser is reviewing strategic options for its small food business, it said on Monday, as it seeks to pay down debt following its planned 16.6 billion dollars purcha...

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Billa Austria launches eBike delivery service in Vienna

Billa Austria launches eBike delivery service in Vienna

Supermarket chain Billa has launched the first eBike home-delivery service in Vienna, in collaboration with an Austrian start-up company, ‘gleam technologies GmbH’. The electronic motor-assisted cargo-bike c...

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Metro’s MyMarket Enters Online Market

Metro’s MyMarket Enters Online Market

Another Greek supermarket chain, the Metro group’s MyMarket, is set to make its electronic commerce debut, which, in contrast to other retail models in Greece, is showing rapid growth. MyMarket announced...

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Heineken invests 9.3 million euros in expansion in France

Heineken invests 9.3 million euros in expansion in France

Heineken will invest 9.3 million euros in a new packaging line at its brewery near Strasbourg, in France. The site at Schiltigheim – in the eastern region of Alsace – will benefit from an expansion to its ex...

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Lidl announces CEO exit over strategy differences

Lidl announces CEO exit over strategy differences

Lidl has replaced its CEO for the second time in three years. Sven Siedel, who replaced Karl-Heinz Holland in 2014 after "unbridgeable" future strategy differences, has left the business. When Seidel was app...

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Metro Group shareholders approve demerger

Metro Group shareholders approve demerger

The shareholders of the Metro Group have approved its demerger into two independent companies, with a near-unanimous vote at its Annual General Meeting. Both companies have already been operating as inde...

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Mercator doubles investment in 2017

Mercator doubles investment in 2017

Mercator has revealed its business plan for 2017, targeting revenue of 2.4 billion euros, less than the 2.6 billion euros of anticipated revenue this year, with the decline attributed to an increased focus o...

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Italian private-label market worth 10 billion euros in 2016

Italian private-label market worth 10 billion euros in 2016

The Italian private-label market is set for a recovery in 2016, after three years of declining sales, reports daily Il Sole 24 Ore. According to the latest IRI data, updated in September, the private-la...

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Nestlé cuts sugar in chocolate by 40%

Nestlé cuts sugar in chocolate by 40%

Swiss Nestlé has created a new production process with a 40 % decrease in sugar for its chocolate products. Starting in 2018, the process will actually be used for all of its products. Thanks t...

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HUNGARY: Domestic supermarkets lose ground to German chains

HUNGARY: Domestic supermarkets lose ground to German chains

Foreign, particularly Germany-based discount supermarkets are expanding at a much faster rate on the Hungarian market than domestic chains, with Aldi, Penny Market and Lidl having been the most active this y...

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