Cost of Living

Australia's Woolworths Sales Rise As Cooling Prices Stoke Demand

Top Australian grocer Woolworths said food sales jumped in the first quarter as value-conscious shoppers seized on cheaper meat, fruit and vegetables, but...

British Retail Sales Tumble In September

British retail sales volumes fell by a sharper than expected 0.9% in September compared with the month before, latest figures from the Office for...

British Shopkeepers Despair Over Retail Crime

The issue of theft and violence has been raised by many of Britain's biggest retailers in recent months, including Tesco, John Lewis and Primark, echoing s...

Aryzta To Repurchase Hybrid Bonds Worth CHF 120.3m

Bakery giant Aryzta plans to repurchase CHF 74.6 million (€77.7 million) in principal value from its CHF 400 million (€416.7 million) hybrid bond...

More Than Two Thirds Regularly Buy Private-Label Groceries In Europe, Study Finds

Private-label products have become a 'firm staple' among European consumers, with 70% percent buying these products regularly while shopping for groceries,...

British Retail Sales Grow In August After Washout In July

British retail sales partially recovered in August after a rainy July washout, the latest official figures showed, adding to signs that the country's consu...

REWE Group To Raise Wages, Extend Inflation Compensation Discount

REWE Group has announced a voluntary raise in wages, which will see employees in its retail division receiving 5.3% more money per month from October onwar...