Discounting risks more damage to margins as sector struggles to emerge from pandemic slump
The nutrient is popping up in everything from Starbucks lattes to Doritos and bottled water
Also in today’s newsletter: the Premier League’s financial dominance, and the Australian Open gets even bigger
New CEO Franck Marilly looks to faster growing markets as downturn leaves drinks group sitting on huge stockpile of spirits
Toxin traced to Wuhan laboratory has led to product recall and growing crisis for consumer groups
The hotelier advises aspiring entrepreneurs to look after the product and people, then profit will look after itself
Falling consumption, cheaper imports, overproduction and quality gaps squeeze the country’s producers
Chain’s challenge will be to raise per-store sales to catch up with its new cost structure
Swiss watchmaker says trading momentum improved sharply late last year after profits plunged
Move would mark return to growth after shuttering hundreds of poorly performing stores last year
Former stalwart of French establishment and three other ex-Casino executives convicted by Paris court
Move follows US-group Kroger’s decision to close its warehouses run on the UK retail technology group’s platforms
Partners at London-listed investor have made fortunes from the retailer, which accounts for four-fifths of its portfolio
Italian label has been investigating since 2020 as allegations of worker exploitation plague luxury industry
World’s biggest tequila producer latest group to highlight impact of ‘very delicate’ atmosphere
Besides the potential harm to infants, contamination fears pose a formidable risk to the companies
Industry giants Walmart and Amazon are taking different approaches to a technology that could further automate shopping
The success of weight-loss drugs has driven demand for injectable compounds that claim to improve everything from sleep to skin
Rising food, shelter and healthcare costs are hitting hard in Bethlehem and the surrounding Lehigh Valley
Key buyers appear to be returning, albeit gradually, while margins have improved
Footfall is up and average amount per purchase has increased as group’s planned turnaround starts to deliver
Louis Vuitton owner reports another quarter of growth but warns unpredictable world events may impede recovery
‘Frugal families’ are scrimping in an economy jolted by the return of inflation and rising interest rates
Delivery and logistics group has been reducing its ‘volume’ from ecommerce giant by approximately 1mn pieces per day
Treasury announces relief for struggling sector after being warned of mass closures and job losses