Food service, Retail, E-commerce
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Reliance Retail refutes lay-off speculations at its subscription commerce startup Milkbasket
INDIA – Reliance Retail, one of India’s largest retailers, has begun the process of integrating Milkbasket with its e-commerce arm JioMart. “The business is being…
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Oatly, Amazon strengthens ties into European market
EUROPE – Oatly, the world’s largest oat drink processing company, has expanded the scope of its agreement with Amazon, a multinational e-commerce company, through a…
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Unilever settles South Africa competition case, opens new factory in Colombia
SOUTH AFRICA – Unilever South Africa, a multinational consumer packaged goods company, and the South African Competition regulator commission have reached an over the alleged…
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EU Antitrust Commission clears AgeCore, Coopernic from anti-competitive allegation
EUROPE – The European Union (EU) Commission has officially closed its antitrust probe into AgeCore and Coopernic, two major retail buying groups, after finding no…
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IBL Group pursues 11% additional shares in US$41.7m Naivas deal
KENYA – Naivas Supermarket (Naivas), the largest supermarket chain in Kenya, is set to change its management from local owners to foreign investors as the…