Walmart US has appointed Duncan Mac Naughton as chief merchandising officer for its US stores, with immediate effect. Mac Naughton will oversee all merchandise categories across more than 3,700 stores in the US business. He will continue to report...
Cadbury Plc, the U.K. confectioner seeking to fend off a bid approach from Kraft Foods Inc., raised its full-year profitability and revenue forecasts as recovering economies from the U.S. to Europe boosted chewing gum sales.
Third-quarter sales rose 7 percent...
Hershey Co. is unlikely to stand by and let Kraft Foods Inc. or another company swallow up chocolate rival Cadbury PLC, a person familiar with Hershey's thinking said Monday."Hershey recognises that Cadbury is the last major confectionery company potentially...
With Britannia Industries all set to separate from Groupe Danone, the Wadias are likely to flash ‘preemptive rights clause’ to stop the French giant selling its 25.1 per cent stake to an undesirable partner.
The move comes in handy for...