World
GERMANY: Migros plans German expansion
Migros plans to acquire 130 Tengelmann stores located in Bavaria, South Germany. Migros acquired 290 Tegut stores located in Central Germany. Tengelmann Group wants to separate its retail business, which...
Read MoreGERMANY: dm drogerie markt launches online store
dm Drogerie Markt has launched its online store, “dm.de” in Germany. The online store offers an assortment of 9,000 SKUs with the same prices as in the physical stores. The minimum order value is 25 euros. T...
Read MoreLidl launches 220 million pounds store expansion programme
The threat to the big four supermarkets from discount chains stepped up a notch on Friday as Germany's Lidl unveiled plans for a 220 million pounds expansion in the UK, theguardian.com reports. The...
Read MoreNestlé invests 120 million dollars in Dubai factory
Nestlé is investing 120 million dollars in a new manufacturing facility in Dubai to produce coffee and culinary products to cater for rising demand throughout the Middle East, the company said. The new ...
Read MoreAB InBev to spend more than 1.5 billion dollars upgrading US business
Anheuser-Busch InBev NV, the world’s largest brewer, plans to invest more than 1.5 billion dollars in the US by 2018 to upgrade facilities and develop new products. The maker of Budweiser and Stella Arto...
Read MoreEnergy-drinks market remains robust in Europe
Despite tough market conditions in the European beverage sector, energy drinks continue to show robust growth. This is due to flavour and ingredient innovations, as well as the emergence of low-calorie optio...
Read MoreHuge cartel fines for Aldi, Metro and Rewe
A number of German supermarket chains - namely Aldi, Edeka, Kaufland, Metro and REWE - have been found guilty of price deals on food and cosmetics. Alongside several manufacturers, the joint fine reached 151...
Read MoreCarlsberg enters beauty category with launch of men’s products
In a surprise move, Carlsberg has announced its entry into the beauty and skincare categories, with the launch of a new range of men’s grooming products. While the initial offer features just three products ...
Read MoreAhold and Delhaize announce merger
Ahold and Delhaize have announced their plans to combine their businesses, creating a major new retailer in Europe and the US. The new entity, to be called Ahold Delhaize, will operate more than 6,500 s...
Read MoreFood prices hit six year low amid falling cereal prices
Major food commodity prices declined again in May, hitting an almost six-year low as cereal prices fell substantially amid a favourable outlook for this year's harvests. The FAO (Food and Agriculture Organiz...
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