Food service, Retail, E-commerce
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Domino’s Pizza bags 2% sales rise in US in Q3 results, launches new plant-based pizza range
US – Domino’s Pizza has posted a 2% rise in U.S. same-store sales in the third quarter on the back of steady demand for its…
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Walmart intends to raise US$3bn for Flipkart to compete with aggressive rivals
INDIA – Walmart is considering raising US$2-3 billion at a valuation of more than US$40 billion for Flipkart, an Indian e-commerce company it owns, to expand…
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Pick n Pay readies secondary listing on A2X to increase liquidity, save costs
SOUTH AFRICA – South Africa based grocery retailer, Pick n Pay, has received approval for a secondary listing on A2X Markets (A2X) from 1 November…
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Woolworths partners with Standard Bank to link interest earned on deposits with ESG targets
SOUTH AFRICA – South African retail giant Woolworths has partnered with Woolworths Holdings Limited (WHL) to successfully execute the first sustainability-linked transactional deposit structure in…
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Conagra Brands delivered 7% profit jump in Q1 despite quality issues
US – American consumer packaged goods holding company, Conagra Brands, has reported that it was faced with manufacturing downtime that hampered production and led to…