Coca-Cola Co. has announced a reorganization of its operating structure around main units. The remodeling is necessary to better address the changing demands of Coca-Cola’s marketplace. The company is aware of people reducing their soft-drinks consumption. Moreover the economic situation is still uncertain. The new operating structure will consist of three major businesses. In parallel to these changes two executive will be given much larger roles. This move is interpreted as an early step on the road to CEO succession.
With domestic sales of Japan’s breweries being severely affected by the country’s decreasing population as well as a general decline in the preference for beer in Japan’s beverage market, the nation’s brewers have been on a spree to expand their international operations. The latest among these is the announcement by Tokyo-based company, Kirin Holdings Co., [...]
Presenting itself as the newest competitor to the online retailing giant Amazon, Wal-Mart Stores Inc., the world’s largest chain of retail outlets, has set up Walmart To Go – a service by way of which customers can visit the website of the store, Walmart.com, order groceries that are usually found in Walmart stores and get [...]