World
Campari reported a 2.4% sales growth in 2014
Italian beverages group Campari saw sales rise by 2.4 per cent to 1.56 billion euros in 2014. According to full year results, net profit dropped by 13.9 per cent to 128.9 million euros in the same period. Ne...
Read MoreLidl wants to invest almost 100 mln in Austria this year
Retail chain operator Lidl will again invest in its chain in Austria this year. The company will spend almost EUR 100 million on the purpose Lidl announced. By 2016 almost all 203 branches are supposed to be...
Read MoreDr Oetker acquires frozen cake maker
The Dr Oetker group has acquired frozen cake maker Coppenrath & Wiese, for an undisclosed sum. C&W is the European market leader in frozen cakes, pies and pastries, and has estimated sales of ar...
Read MoreAuchan’s growth driven by Eastern Europe and Asia
Auchan has reported a 14.7% increase in revenue for 2014, driven by strong performances in Eastern Europe and Asia, particularly the full consolidation of Chinese operation Sun Art Retail Group. Group re...
Read MoreEUROPE: Retail sales maintain positive outlook in December
Retail sales across Europe rose steadily in December, marking the third straight month of growth, according to new figures from Eurostat. The growth figures however marked a slowdown from the previous two mo...
Read MoreHeineken expects weaker growth in 2015
Heineken has said it expects sales and profit margins to grow at a slower pace in 2015, citing tough comparatives and unrest in key markets. The world’s third-largest brewer said it now expects revenues to g...
Read MoreTesco sales bouncing back as discounters’ growth starts to slow
Tesco's sales rose for the first time in a year, according to researcher Kantar Worldpanel, a sign that the UK supermarket leader is fighting back against the incursion of German discounters Aldi and Lidl. ...
Read MoreBELGIUM: Delahize organises restructure in its home market
Delahize Group has come to a shaky agreement with workers for restructure of its operations in Belgium. The proposal, which called for “a lighter and more efficient structure in our company-operated supermar...
Read MoreSPAIN: Consumers spend less on private label
A study by Kantar Worldpanel has found that Spanish consumers less on private label products last year, compared to 2013. The ‘Balance y Perspectivas Gran Consumo 2015’ report found that consumers spent an a...
Read MoreLidl builds "largest European distribution center" in the Madrid region
Discounter Lidl will build Europe's largest distribution center (71,800 sqm) in the Spanish city of Alcalá de Henares, in the Madrid region. The distribution center should be fully op...
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