New research released by PricewaterhouseCoopers and business research and consulting firm Frost & Sullivan shows that the growth of online shopping is forcing structural changes to the Australian retailing...

Manufacturing activity continued to contract in June although the rate of contraction eased according to the latest Australian Industry Group – PwC Australian Performance of Manufacturing Index (Australian...

Woolworths Group, one of Australia’s two supermarket giants has reported its first net profit drop since it was listed on the stock exchange in 1993. An interim net loss of 16.8% in its half-yearly results...

Global giant Nestlé yesterday released its annual report for 2011 and revealed a positive set of results. Nestlé’s impressive report included an overall sales figure of CHF 83.6 billion, a trading...

Coca-Cola Amatil Limited has advised that following December trading, the largest volume and earnings month for the business, it expects to achieve around 10% growth in net profit and 7% growth in EBIT...

Baskin-Robbins, the world’s largest ice cream brand, today announced the appointment of an experienced restaurant industry executive to lead its efforts in Australia. The company said that its new appointee,...

Unilever CEO Paul Polman said yesterday (4 November) that the consumer goods giant made “solid progress” in the third quarter of 2010 thanks to the company’s emerging markets.The Magnum...

Nestle has recorded an increase in sales for the first nine months of the year, driven by double-digit organic growth in emerging markets. For the January to September period, group sales reached CHF82.8bn...

US food giant Kraft Foods expects the acquisition of UK confectioner Cadbury to raise its revenue by US$1 billion by 2013. Ahead of a meeting with analysts yesterday, Kraft said that the acquisition of...

* Company returns net profit of EUR82m * Operating profits up 7.6% on savings * Sales in Asia up 8.9% at constant exchange rates Carrefour SA has returned to profit in its first half with sales growth...