Two of France's largest distributors have struck a deal to exchange stores: Auchan will take over Système U's hypermarkets, while the latter takes care of Auchan's supermarkets.
"McDonald's has saved 1.05 billion euro in taxes on its European activities thanks to fiscal optimization techniques", is what 3 different European trade unions have said.
A good fourth quarter, but not enough to make 2014 a good year: that is the summary of Ahold's results for 2014. Despite a relatively decent fourth quarter (+ 2.2...
Brewery AB InBev has sold 458.801 million hectoliters of beverages, a 0.6 % like-for-like growth, lifting its turnover to 41 billion euro - thanks to the World Cup football in...
French dairy manufacturer Danone expects 2015 to have a lower turnover compared to 2014, when it still managed a turnover increase of 5 % despite a sizable profit drop.
Swiss food concern Nestlé has had to deal with considerably lower turnover growths last year, mainly as a result of lower demand in China. There was a huge profit growth...
Danish Jorgen Buhl Rasmussen will no longer be Carlsberg's CEO by mid-June as Dutch Cees 't Hart, currently Koninklijke FrieslandCampina CEO, will take over the reigns.
Chocolate Company has struck a deal with a master franchiser to launch the formula in Singapore. The Dutch chocolate chain aims to get two stores opened by 2016, to start...
Digital growth, product innovation and a large expansion have helped Domino's Pizza reach a record turnover in the past six months. Its franchise stores are also doing very well.
British supermarket chain Tesco will cut 9,000 jobs, but it will not only be employees who will be shown the door. The chain will also cut a layer of management...
American food producer Kellogg, best known for its breakfast cereals, has struggled in the previous quarter and has adjusted its long-term growth forecast downward.
French liquor and spirits group Pernod Ricard has managed to increase its turnover 1 % over the past semester, but the new CEO Alexandre Ricard aims for a more substantial...