The fastest-growing food retailer on the French market is - once again - German discounter Lidl. Market leader E.Leclerc continues to make progress, but Carrefour and Casino are unable to reverse the downward trend.
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AB InBev has had its beers banned from the capital of India, New Delhi, as local authorities say the Belgian brewery group has dodged taxes. The ban is valid for three years.
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Uberis in talks with several European supermarket chains to deliver groceries at home using its network of drivers and bicycle couriers. An initial collaboration may be at hand between Uber Eats and Sainsbury in the UK.
Beyond Meat, a pioneer in ‘meaty’ plant-based products, is looking for new money: after a quarter of strong growth but with increasing losses, the American food brand brings new shares to the stock market.
Neighbourhood stores and convenience stores often display unhealthy snacks and sugar-rich beverages in an all-too prominent way, according to a British study. Health organisations have met the challenge of developing a more balanced store layout.
Heineken has increased its beer sales over the past half year. The brewer mostly grew in Asia and Africa, however. In Europe, there was even a volume decline.
Meal delivery services Takeaway.com and Just Eat have reached an agreement on a merger. The Dutch and the British e-commerce companies will partner up for 5.6 billion euros.
Even though talks between the two retailers were dropped last year, according to analysts from Barclays, a tie-up between Carrefour and its French competitor Casino would not be unthinkable, especially because of the ongoing difficulties at Casino.
Significant sales growth at food manufacturer Nestlé in the first half of the year is mainly due to strong performances on the large American market, to increasing sales in petcare and to the successful launch of Starbucks.
In collaboration with nine small, independent breweries from all over Belgium, Colruyt expands its beer offering with 16 experimental craft beers. The beer department at the food retailer is 99 percent Belgian.
French retailer Carrefour is well on track to achieve its ambitious objectives, despite uncertain market conditions. But in France and Belgium, the half-year figures are somewhat disappointing.
In the past quarter, Coca-Cola has scored a hit with sugar-free, coffee and the Netflix hit Stranger Things. The soft drink group exceeds expectations with a 6% turnover growth.
While turnover is rising for French retailer Casino, its net loss is also mounting. Reducing debt is now the priority: by the end of 2020, debt should be down to 1.5 billion euros, compared to the 5 billion of today.
FMCG manufacturer Unilever hasn't managed to achieve its expectations for the past quarter: due to the incessant rain in Europe, turnover increased by 3.3% while analysts had predicted 3.7% growth.
Brewery group AB InBev has recorded its strongest volume growth in over five years. The company credits three strong global brands and a continuous premium strategy.
In a quest for cash, French supermarket group Casino is selling its subsidiary Vindémia in the Indian Ocean. In the domestic market of France, three hypermarkets will also be sold to competitors.