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Nestlé To Cut Costs By $2.8bln And Boost Marketing Under New CEO

Nestlé will boost advertising and marketing and trim costs by at least $2.8 billion by 2027 as it looks to drive growth under its new CEO.

The Maxol Group has announced its full-year trading figures for 2023 as CEO Brian Donaldson forecast a stronger performance for 2024.

British department store John Lewis is “quietly optimistic” about trading in the run-up to Christmas, the executive director Peter Ruis said.

French food group Danone beat third-quarter sales expectations on Thursday, boosted by higher sales volumes as price hikes slowed.

As consumers seek to save money, the at-home coffee market is ripe for growth in the retail sector – but what lead us here?

Anheuser-Busch InBev (AB InBev) reported forecast-beating core profit for the second quarter on Thursday as cost cuts offset weaker sales.

More than 20,000 Tesco employees will share a windfall profit of more than £30 million from maturing stock schemes, the retailer has said.

The annual Guaranteed Irish Professional Services Forum has found that culture and communication are key to building trust in the workplace.

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