Inflation

Target Faces Muted Holiday Sales As Budget-Conscious Shoppers Prioritise Value

Target forecast holiday-quarter comparable sales and profit below estimates as value-conscious consumers shopped for low-priced essentials at rival retaile...

Greenyard Delivers ‘Solid’ Top-Line Performance In H1 2024/25

Fresh produce firm Greenyard has reported 'solid' topline growth in the first half of its financial year with an increase in net sales and adjusted EBITDA.

Walmart Raises Annual Forecasts, Betting On Strong Holiday Shopping

Walmart has raised its annual sales and profit forecast for the third consecutive time, a sign that it may be gaining market share ahead of the holiday sea...

Canada's Loblaw Hurt By Weak Demand For Household Items, Misses Q3 Revenue Estimates

Canadian supermarket retailer Loblaw Companies missed third-quarter revenue estimates, hurt by a slowdown in the demand for its non-essential goods such as...

China Consumer Prices Rise Slowest In Four Months, Despite Stimulus

China's consumer prices rose at the slowest pace in four months in October while producer price deflation deepened, data showed on Saturday, even as Beijin...

Three Themes Set To Shape The Christmas Shopping Period In Europe

The forthcoming Christmas period will be the first for many years in which consumers won't be burdened by high inflation rates or a global pandemic, howeve...

Australian Grocer Woolworths Warns Food Earnings To Fall As Shoppers Seek Bargains

Australian grocer Woolworths warned first-half profit from its main Australian food division would dip as a hunt for bargains and intense scrutiny of super...

UK Shop Prices Fall Faster But Retailers Warn Of Risks In Budget

Prices in British shops fell at the fastest pace in more than three years this month but this week's budget announcement by finance minister Rachel Reeves...