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Russia’s seizure of the local operations of Carlsberg and Danone, two of the world’s largest consumer-goods companies, escalates economic hostilities with the West. Russia’s seizure of the local operations of Carlsberg and Danone, two of the world’s largest consumer-goods companies, escalates economic hostilities with the West. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the…

Global real-estate investment manager Hines is paying $112 million for a suburban New York shopping center featuring a Whole Foods, the largest grocery-anchored retail sale in the U.S. since September.The sale of the 262,000-square-foot property in White Plains, N.Y., shows how demand for grocery-store complexes persists, despite rising interest rates and slowing activity for other property types. These outlets have become increasingly attractive as the pandemic winds down and consumers return to shopping in person.…

Consumer-goods companies girding for an economic downturn are rolling out different package sizes, launching new affordable products and pushing lower priced items in some stores to woo increasingly cautious shoppers.Official data released Thursday showed the U.S. economy shrank for a second quarter in a row—a common but unofficial definition of a recession—in part because consumer spending slowed amid rising inflation. Meanwhile, quarterly earnings from makers of everyday items from snacks to shampoo have shown some…

Baby-formula makers have their best shot in decades to shake up a U.S. market long dominated by two players.Long-established companies and startups are angling to emerge from a nationwide formula shortage in a stronger market position as they work to hold on to new customers who are more willing to switch brands while shelves remain thinly stocked. This window of opportunity may be short-lived, industry analysts and executives say, as formula manufacturers still face significant barriers, ranging from federal…

Danone SA DANOY 0.60% is to send the equivalent of about five million bottles of specialist infant formula to the U.S. as part of a broader push to alleviate shortages faced by babies with allergies.The French food giant said about half a million cans of specialized medical formula made by its Nutricia business will be flown into the U.S. in the coming weeks. Danone said the formula will come from its factory in Liverpool, England, which makes the Neocate line of amino…

Baby-formula manufacturers and retailers say they are working to address a long-running shortage in products on store shelves but the hardships facing U.S. families may take months to abate. Abbott Laboratories, ABT 1.59% producer of Similac baby formula, said it is bringing products from its factory in Ireland to the U.S. as it continues talks with the Food and Drug Administration to restart production at its factory in Michigan. However, the company has said it would…