Starting on Monday 5 October 2020
Dutch grocery giant Ahold has reported a 2.5% increase in third quarter sales to €6.9bn. Profits during the period rose 5.3% to €300m. It also performed particularly well in the US, where sales rose 8.5% to $5.8bn.
Asda’s sales growth picked up pace slightly over the past three months, up 1.3% year-on-year. The figures, covering the period from 1 July to 30 September, mark an improvement on the 0.5% rise in like-for-like sales in the second quarter. The performance was described as “solid” by the supermarket’s US parent, Walmart.
ConAgra is to reorganise its retail food operations under the direction of new boss, ex-Campbell Soup executive Martin Thrasher.
The US food group, whose brands include Hunt's tomato sauce, Bumble Bee tuna and Healthy Choice meals, said the new...
Sign in to comment on this article
Not logged in before? Register for FREE guest access today.
You will be able to:
Site powered by Webvision Cloud