Grocery

Waitrose, Aldi Cut More Prices As Britain's Food Inflation Picture Improves

British supermarkets Waitrose and Aldi have announced further rounds of price cuts, adding to the country's improving outlook for food inflation.

Alibaba's Grocery Unit IPO Put On Ice Amid Disappointing Valuation: Report

China's Alibaba Group Holding Ltd is putting a potential Hong Kong initial public offering of its Freshippo grocery chain on hold amid weak sentiment for c...

Eroski Expands Rapid Banner, Exceeds 50 Outlets

Spanish retailer Eroski has expanded its network of stores operating under the Rapid banner to 52, the company said in a statement.

Pick n Pay Founder Raymond Ackerman Passes Away Aged 92

Raymond Ackerman, who founded Pick n Pay from just four stores 56 years ago and turned them into one of South Africa's leading grocery retailers,...

South Africa's Shoprite Will Spend $440m To Support Market Share Growth

Shoprite plans to spend about 8.5 billion rand ($443 million) to increase supply chain capacity, add stores and strengthen its digital capability, Sou...

S Group Sees Growth In Profit In First Half

Finland's S Group has seen an increase in profit in the first half of its financial year to June 2023, following good performance in its hotels, restaurant...

Irish Grocery Spending Up By 13% In 2023, Says HelloFresh

The average weekly grocery spend in Ireland has increased by 13%, from €91.38 in 2022 to €105.85 in 2023, a new survey from HelloFresh has found.

Italy’s Bennet Bets On AI To Optimise Pricing Strategy

Italian supermarket chain Bennet is extending the use of Oracle's retail cloud platform to optimise inventory management and pricing strategy in line with...