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Kraft Heinz considers divesting grocery segment in potential $20bn spin-off

Kraft Heinz considers divesting grocery segment in potential $20bn spin-off

According to reports from major media outlets, including Bloomberg and Financial Times, Kraft Heinz Company is actively considering a significant restructuring that would involve spinning off a substantial portion of its grocery business, which includes several iconic Kraft products.

Tesco UK CEO steps down amid leadership team changes

Tesco UK CEO steps down amid leadership team changes

Tesco UK chief executive Matthew Barnes, who joined the supermarket in March last year after serving as Aldi’s UK and Ireland CEO, has stepped down after 15 months in the role.

Walmart Canada unveils CAD 6.5bn investment to drive expansion across the country

Walmart Canada unveils CAD 6.5bn investment to drive expansion across the country

Walmart Canada has announced a CAD 6.5bn (approx. $4.5bn) investment over the next five years to accelerate its growth in the country.

Aldi expands UK presence with nine new stores in £650m investment

Aldi expands UK presence with nine new stores in £650m investment

Aldi plans to open nine new stores in London in 2025, marking a significant step in its strategy to enhance its footprint in the UK market.

Research: Study reveals how GLP-1 medication influences grocery purchases and eating habits

Research: Study reveals how GLP-1 medication influences grocery purchases and eating habits

Consumers using GLP-1 weight-loss drugs reduce their grocery spending nearly 6% on average, a study has revealed.

Kroger-Albertsons merger faces FTC scrutiny amid rising grocery prices - Reuters

Kroger-Albertsons merger faces FTC scrutiny amid rising grocery prices - Reuters

The proposed $24.6 billion merger between Kroger and Albertsons Companies has come under intense scrutiny from US Federal Trade Commission

Rapid grocery delivery start-up Gorillas secures nearly $1bn in funding

Rapid grocery delivery start-up Gorillas secures nearly $1bn in funding

Instant on-demand grocery delivery company, Gorillas Technologies, has raised nearly $1bn in a Series C funding round led by Delivery Hero.

Online Mexican grocer Jüsto raises $65m in funding

Online Mexican grocer Jüsto raises $65m in funding

Mexican grocery delivery start-up Jüsto has secured $65m in funding, marking what it claims is the largest Series A round raised in Latin America.

ETF Partners invests £5m in plastic-free grocery delivery firm

ETF Partners invests £5m in plastic-free grocery delivery firm

ETF Partners has invested £5m in UK start-up The Modern Milkman to support its plastic-free grocery delivery service.

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