Kraft Heinz CEO: Get Used to High Prices
Consumers may have to get used to higher food prices in the long term, the head of Kraft Heinz said in a recent interview.
2021
241 English stories filed on their original news datelines.
ASOS CEO steps down as supply chain pressures hit profit
ASOS has announced a series of changes to its board and the departure of CEO Nick Beighton.
Macquarie acquiring large stakes in GreenWaste and Zanker in its first California waste deal
GreenWaste and partner company Zanker Recycling's northern California operations include multiple organics recycling facilities. Moody's Investors Service estimates operations are generating $325 million in annual revenue.
Organic Soy Prices Hit Record
The price of organic soybeans has reached a record high, causing problems for producers of organic chicken.
Lamb Weston passes on freight costs as rate inflation continues
Hiking prices can help "recover the cost of product delivery," said CFO Bernadette Madarieta, after noting inflation ate away at profits in Q1.
Retail sales recovery slows further in September as consumer confidence wanes
Retailers saw their post-pandemic recovery stall in September as sales slowed to their weakest performance since January when firms were under heavy
Walmart, Netflix open shopping hub to jump on hype for shows like 'Squid Game'
Debuting in time for the holidays, the streamer's first digital storefront with a national retailer will let fans vote on what merchandise they'd like to see next.
Creating a balance: fraud prevention strategies and revenue optimization
With fraud losses totaling $7 billion in the U.S. and $30 billion globally, retailers must find ways to protect their bottom line from erosion while growing the top line through sales.
Stellantis To Split Two Of Opel's Biggest German Plants, Unions Fear Closure
Unions fear that Stellantis might use the chip shortage as an excuse to circumvent an agreement to not lay off any workers until 2025
General Mills Issues $500 Million Sustainability Bond
General Mills has issued a $500 million “sustainability-linked bond” linked to its efforts to combat climate change.
Westfield Direct turns shopping centres into distribution hubs
Westfield Direct allows customers to shop online from any Westfield around the country, across multiple retailers, for home delivery or click-and-collect.
Accent Group commits $450,000 to mental health
Headspace CEO Jason Trethowan said the charity is grateful to be working with the footwear retailer.
Pre-bankruptcy payouts under fire from government watchdog
Flailing retailers have paid many millions in retention bonuses to executives in the months and even days before a Chapter 11 filing.
Waste and recycling employers watch for next steps on COVID-19 requirements
Waste Pro and Rumpke are among the large employers who have encouraged vaccinations and will be affected by an OSHA rule. The industry is considering how to assist and accommodate existing and prospective workers.
Equipment Suppliers Can't Keep Up with Demand: PMMI
Senior Editor Pan Demetrakakes reports from the floor of Pack Expo 2021
Rising demand despite supply chain disruptions
Strong demand and higher prices for nickel underpin growth in the sector but logistics continue to be a challenge. Read the full market analysis here
