Grocery

Target Raises Annual Profit Forecast After Price Cuts Boost Quarterly Sales

Target raised its annual profit forecast and beat Wall Street expectations for second-quarter comparable sales as shoppers were drawn by low priced groceri...

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Norway Fines Grocery Chains €420m In Antitrust Case

Norway's competition watchdog has fined the country's top three grocery store chains a combined NOK 4.9 billion (€420 million) for breaking antitrust...

S Group Rolls Out Coop Pasta Sauces In Carton Packaging

Finland's S Group has rolled out Coop pasta sauces in cardboard containers, marking a shift from glass jars.

Irish Grocery Sales Surge As Shoppers Celebrate Olympic Wins: Kantar

Take-home grocery sales in Ireland increased by 7% in the four weeks to 4 August 2024 as shoppers enjoyed the summer of sports with the Olympic Games and t...

Walmart Boosts Outlook After Strong Second-Quarter Performance

US retailer Walmart raised its sales and profit forecasts for a second time this year, as Americans kept flocking to its stores for inexpensive essentials.

Ahold Delhaize USA Appoints Moira O’Toole As VP Of Pharmacy Services

Ahold Delhaize USA has announced the appointment of Moira O'Toole as the vice president of its pharmacy services division.

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Grocery Real Estate Investment In Europe Dropped 19% Last Year

Real estate investment in the European grocery market fell by 19% last year, to €6 billion, new data from Savills has found.

UK's Asda Posts 5.3% Drop In LFL Sales In Second Quarter

Asda, Britain's third biggest supermarket group, posted a 5.3% decline in underlying sales in the three months to the end of June, as it continues to under...