The head of France's biggest supermarket chain E. Leclerc said on Monday he was still selling Pepsi after rival Carrefour ditched PepsiCo products in the latest tug-of-war over prices between retailers and global food giants.
Carrefour has a global presence and continues to gain market share despite increased competition from Aldi and Lidl. Key opportunities for the company include increasing private label sales and continued expansion, with a focus on improving margins following the impact of inflation. Carrefour's current valuation appears to be discounted, making it an attractive investment opportunity, but risks...
Wm Morrison Supermarkets chief executive David Potts will step down in November and be replaced by ex-Carrefour boss Rami Baitieh. Having headed up the former ‘big four' supermarket for nine years, Potts explained his resignation had been on the cards for a while.
French supermarket Carrefour is certainly not impressed with reducing pack sizes and has carried out its threat to put stickers on its shelves highlighting shrinkflation.
Around the world, brands have been addressing cost challenges by quietly reducing the amount of product per purchase — a move that can lose shoppers' trust — and now Carrefour is firing back. The French grocer has been adding signs informing shoppers about which brands are engaging in this so-called shrinkflation, Reuters reported Thursday (Sept.
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