Cost-Of-Living Crisis

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...

Britain's Waitrose & Partners To Invest €1.17bn In Stores Over Three Years

British upmarket supermarket group Waitrose & Partners plans to invest £1 billion (€1.17 billion) in new and existing shops over the next th...

UK Regulator Decides Against In-Depth Probe Of Baby Formula Market

Britain's competition regulator has decided against launching a more extensive market investigation into the supply of infant formula after an in...

Danone Beats Sales Forecasts As Price Hikes Decelerate

France's Danone beat second-quarter sales expectations, boosted by higher sales volumes as price hikes slowed.

UK's Greggs Upholds 2024 Forecast, H1 Profit Boosted By Wider Product Range

British fast food retailer Greggs kept its full-year profit outlook as a wider product range, more deliveries and extended store hours lifted first-half pr...