Cost-Of-Living Crisis

Mondelēz Forecasts Steep Drop In Annual Profit On Soaring Cocoa Prices

Mondelēz International forecast a bigger-than-estimated drop in its annual profit, signalling pressures from high input costs and soft demand.

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Factors That Shaped UK Retail Sales Performance During The 'Golden Quarter'

British retail sales declined 0.3% month-on-month in December, the latest data from ONS showed. ESM examines the various factors that affected the sector.

UK Baker Greggs' Comparable Sales Growth Sluggish In Fourth Quarter

British baker and food-to-go retailer Greggs has reported a modest 2.5% growth in fourth-quarter like-for-like sales, as tight-pursed Christmas shoppe...

Greggs' Growth Story Won't Be Derailed By UK Budget, CEO Says

The boss of Britain's Greggs said its rapid expansion would not be derailed by the new Labour government's tax raising budget, with any customer price rise...

Sensodyne-Maker Haleon Posts Unexpected Drop In Revenue On Weak Demand For Its Painkiller

Haleon posted an unexpected drop in third-quarter revenue, hurt by a weak demand for its painkiller in Australia and the Middle East.

Australian Grocer Woolworths Warns Food Earnings To Fall As Shoppers Seek Bargains

Australian grocer Woolworths warned first-half profit from its main Australian food division would dip as a hunt for bargains and intense scrutiny of super...

Britain's Greggs Keeps Outlook Despite Sales Growth Slowdown

British baker and fast food chain Greggs kept its full year outlook, though it said underlying sales growth did slow in its latest quarter with consumers c...