World News

ESM’s Retail Recap: Naked Wines; Lidl Germany; Nestlé Mexico; Albert Heijn

Naked Wines trades in line with expectations; sales grow at Lidl Germany; Nestlé Mexico announces $1 billion investment; and Albert Heijn launches b...

Axfood Strengthens Market Position In Full-Year 2024

Swedish retailer Axfood has reported an increase in market share in its full financial year 2024 amid a challenging environment.

Mars Appoints Alastair Child As Sustainability Chief

Mars, Inc. has appointed Alastair Child as its new chief sustainability officer, effective 3 February 2025.

Altria Sees Weak Annual Profit As Vape Competition Heats Up

Marlboro maker Altria said its annual adjusted profit could be lower than estimated, citing rising competition from rival vapes in the market.

Walmart Canada To Invest More Than $4bn In Stores, Supply Chain

Walmart Canada is investing about C$6.5 billion ($4.51 billion) to build new stores and expand its supply chain.

Molson Coors To Acquire Stake In Fever-Tree, Gains US Distribution Rights

Molson Coors is to acquire an 8.5% stake in the Fever-Tree, in a deal worth $88 million (€84.42 million).

Non-Alcoholic Beer Sales Increased In Denmark In 2024

Danish breweries sold 8.7% more non-alcoholic beer in 2024 compared to the year before, according to Bryggeriforeningen (Danish Brewers' Association).