Product News
FLEUR DE MIRAVAL WILL BE THE ONLY CHAMPAGNE SERVED AT THE 95TH OSCARS®.
Le Mesnil-sur-Oger, February 20th 2023. FLEUR de MIRAVAL, the Champagne house known worldwide to be the only Champagne house exclusively devoted to Rosé Champagne, announced that, for the second year in a row, it...
Ahold-Delhaize invites suppliers to reduce prices to pass them on to final customers.
Ahold Delhaize, the parent of Albert Heijn, wants suppliers to pass on the decreased prices of raw materials and energy so that Ahold can pass on those lower prices to customers. The group’s top...
This is how Kaufland plans to deal with insect products
Kaufland talks about plans for products made from insects in supermarkets on the occasion of the new EU regulation. The food retailer surprises with it. This new European Union (EU) regulation could mean a...
Waitrose invests £100 million on its own brands.
Waitrose is investing £100 million on price cuts on hundreds of its own-brand items, despite fierce competition in the sector and consumers facing record inflation. The premium retailer is slashing the costs of over...
Lidl to reduce animal-based products
As part of a company-wide effort for sustainability, Lidl has revealed intentions to sell less meat items. On the shelves of the German discount shop, vegan alternatives are anticipated to gradually replace animal-based goods....
Coca-Cola revenue increases in the fourth quarter.
Coca-Cola reported quarterly revenue that above analysts’ estimates on Tuesday, due to increasing drink prices. However, increasing prices have reduced demand for Coke products such as Simply Orange Juice and Fairlife Milk. Coke reported...
Germany: a major drop in coffee prices.
In Germany, coffee costs are also declining along with butter prices. Ground coffee and entire beans have seen considerable price reductions because to the retail giants Aldi, Kaufland, and Norma. Penny, Edeka, and Rewe...
Portugal- Auchan “freezes” the cost of basic food items.
With the introduction of a new marketing initiative, Auchan Retail Portugal promises to have “frozen the prices” of necessities. According to the merchant, the Cabaz da Poupança (Savings Basket) project enables families to save...
Auchan aims to focus more on fresh produce and warns about strong inflation.
Pascale Cartier, director of food supply at Auchan, explains her group’s strategy in the face of the anti-inflation basket desired by the government. And she warns that the price increases will still be very...
Inretail Peru, part of the Intercorp group, buys the Jokr app in the country.
The app announced its exit from Chile and Colombia a few weeks ago. Inretail Peru owns the digital wallet and delivery app Agora. In a major development, Inretail, a holding company of the Peruvian...