Inflation

NorgesGruppen Reports 9.3% Increase In Operating Income In FY 2023

NorgesGruppen has posted a 9.3% increase in operating income to NOK 112.2 billion (€9.7 billion) in its financial year 2023.

Cheerios Maker General Mills Tops Quarterly Sales, Profit Estimates On Higher Prices

General Mills topped market expectations for third-quarter sales and profit, backed by higher prices for its breakfast cereals, snack bars and pet food pro...

US Consumer Sentiment, Inflation Expectations Stable In March

U.S. consumer sentiment and inflation expectations were little changed in March, a survey has shown.

Dollar General Flags Margin Hit As Consumers Shift To Essentials

Dollar General has said that it expects its margins to come under pressure as shoppers choose less-profitable essential items over clothes, home decor and...

Romania’s La Cocoș Expands to Brașov, Plans Five More Stores

Romanian hypermarket chain La Cocoș is setting up shop in Brașov, marking its fourth hypermarket nationwide.

Mercadona Posts Double-Digit Sales Growth In FY 2023

Spanish retailer Mercadona has reported a 15% increase in sales, to €35.5 billion, in its 2023 financial year.

Jack Daniel's-Maker Brown-Forman Cuts Annual Organic Sales Forecast

Jack Daniel's maker Brown-Forman has cut its organic net sales forecast for fiscal 2024, a sign that higher prices are weighing on the demand for its...