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Weekly Round-Up ... 7 November 2023

Carrefour has completed the acquisition of all activities of the Cora brand in Romania. The deal will see Carrefour taking over 10 hypermarkets and ni...

Demand For Christmas Fare Will Bolster Sales Across All Food Categories

Despite cost-of-living pressures on consumers, demand for Christmas fare will bolster sales across all food categories, writes Donna Ahern.

Budget Fails To Address Impact Of Rising Business Costs On Retailers

Following the publication of Budget 2024, industry representative bodies, including RGDATA, the Convenience Stores and Newsagents Association (CSNA), and t...

Retail And FMCG Leaders To Launch First Irish Chapter Of Leading Executives Advancing Diversity (LEAD) Network

For the first time, industry leaders and competitors alike across the retail and FMCG sector have come together for an inspirational cause – to launc...

Mondelēz Treats Investors With Third Annual Forecast Hike On Firm Demand

Mondelēz International hiked its annual sales and profit growth forecasts for the third time this year, betting on consumers to continue snacking on t...

UK's Sainsbury's More Confident On Annual Profit And Well Set For Christmas

British supermarket group Sainsbury's forecast full-year profit at the upper half of previous guidance as it reported slightly better-than-expected flat pr...

Estée Lauder, Canada Goose Slash Annual Targets As China Recovery Falters

Estée Lauder and Canada Goose Holdings recently cut their annual forecasts as the luxury goods companies grapple with weak demand in high-...

Glanbia Upgrades Full-Year Earnings Guidance For 2023

Glanbia has delivered 'good momentum' during the third quarter, with full year earnings guidance upgraded to 17% to 20% on a constant currency basis, accor...