Unilever and Procter & Gamble, the world's top two advertisers, are seeking out younger audiences by reallocating some 2021 spending away from traditional TV and into video games, streaming services and media programs.
Walmart said on Monday that it has sold an 80 percent stake in its Brazilian operations to private equity firm Advent International, exiting an underperforming business in its third major international deal since April.
Carrefour’s new CEO pledged to slash costs, step up investment in e-commerce and open up the capital of Carrefour China to local investors, as part of a plan to boost growth at the world’s second-largest retailer.
The online flash sale platform has announced a strategic partnership with Carrefour, which has sealed the deal by buying the 17% stake acquired by Conforama – a subsidiary of the Steinhoff group – last summmer.
Carrefour’s new boss Alexandre Bompard on Friday named his leadership team, putting the man credited with reviving the retailer’s Spanish operations in charge of turning around its business in France, its biggest market.