Energy Costs

Portugal's Sonae Profit Buoyed By One-Off Gains Despite Retail Margin Squeeze

Sonae, owner of Portugal's largest food retailer, on Thursday reported a 21% jump in fourth-quarter net profit as one-off capital gains more than offset th...

German Food Industry Sees Sales Decline 2.5% In December 2022

The German food industry witnessed a 2.5% month-on-month decline in sales (price-adjusted) in December 2022, according to latest data from the Federation o...

Henkel Expects To Lose Sales Momentum In 2023

Germany's Henkel said it expects slower industrial and consumer demand to curtail sales growth this year after price increases helped organic sales to jump...

McBride Says Thrifty Shoppers Helping Turn Its Fortunes

Britons conscious of a worsening cost-of-living crisis were helping Oven Pride maker McBride return to profit, the company said, as it gains market sh...

UK Grocery Price Inflation Hits Record 17.1%

British grocery inflation hit 17.1% in the four weeks to 19 February, another record high, dealing the latest blow to consumers struggling with a cost-of-l...

UK Government Calls In Supermarket Bosses For Salad Crisis Talks

Britain's major supermarket groups have been called in by the government to discuss what they are doing to restock shelves with salad items as the country'...

Britain's Salad Crisis Could Last Another Month

UK consumers may face shortages of salad staples, including tomatoes, cucumbers and peppers, for up to another month, the government said on Thursday.

Britain's Salad Vegetable Crisis Its Own Fault, Says Former Sainsbury's Boss

One of Britain's most experienced retail bosses has blamed the country's current shortage of salad vegetables on a lack of government support which has mea...