World

GERMANY: Migros plans German expansion

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...

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GERMANY: dm drogerie markt launches online store

GERMANY: 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...

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Lidl launches 220 million pounds store expansion programme

Lidl 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...

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Nestlé invests 120 million dollars in Dubai factory

Nestlé 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 ...

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AB InBev to spend more than 1.5 billion dollars upgrading US business

AB 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...

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Energy-drinks market remains robust in Europe

Energy-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...

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Huge cartel fines for Aldi, Metro and Rewe

Huge 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...

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Carlsberg enters beauty category with launch of men’s products

Carlsberg 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 ...

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Ahold and Delhaize announce merger

Ahold 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...

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Food prices hit six year low amid falling cereal prices

Food 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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