Groceries

Walmart Lifts Annual Sales, Profit View On Resilient Consumer Spending

Walmart raised its annual sales and profit targets on Thursday as shoppers sought bargains on essentials such as groceries.

Walmart Investors Eye Margins Amid Grocery Focus

When Walmart reports earnings Thursday, investors will get an even closer look at how American shoppers shifted their spending when faced with higher price...

UK Supermarket Sales Reach £2.8bn Over Coronation Week

UK grocery sales during the week of the Coronation ended on 6 May amounted to £2.8 billion, exceeding the £2.7 billion registered during the Ju...

Sainsbury’s Launches Fully Electric Fleet At Its Nine Elms Superstore

UK retailer Sainsbury’s has announced that its Nine Elms London superstore is now operating a fully electric delivery fleet.

DoorDash Rides On Delivery Demand To Raise 2023 Core Profit Forecast

DoorDash Inc has raised its annual core profit forecast after beating quarterly revenue expectations, benefiting from an increase in or...

Rimi Lietuva To Build New Logistics Centre In Elektrėnai

Rimi Lietuva has entered into a partnership agreement with the real estate development company Darnu Group for a new logistics centre in the Baltic States.

Walmart Sees Sustained Pressure From Inflation, Will Slow Hiring Pace

Walmart on Wednesday said inflation would continue to pressure its business this year, and that it would slow its pace of hiring as it builds out automatio...

Magnit To Open 2,000 Bakeries In Its Convenience Stores In 2023

Russian retailer Magnit has announced that it plans to open 2,000 bakeries across its convenience store network in 2023 as it ramps up its freshly-baked of...