Inflation

Irish Grocery Sales Increase 8.5% In Latest Four Weeks: Kantar

Grocery sales in Ireland increased by 8.5% in the four weeks to 1 October 2023, with store visits up 5.9% and shoppers making an average of 20.5 trips, acc...

Walgreens Forecasts Weak Annual Profit For FY 2024

Walgreens Boots Alliance forecast financial year 2024 profit below estimates after the pharmacy operator missed Wall Street's expectations for qu...

Eroski Reports Profit Worth €70m In First Half

Spanish retail cooperative Eroski closed the first half of its financial year with a profit of €69.9 million, registering growth of 1.81% year on year...

Consumption Declines In Italy, Discounters Gain Market Share

Consumption in Italy continues to decline, while the discounters are gaining market share, with the food industry still reluctant to lower prices, accordin...

M&S, Asda Cut More Prices As UK's Food Inflation Outlook Brightens

British supermarkets Marks & Spencer and Asda have announced more price cuts, adding to the country's brighter outlook for food inflation.

FrieslandCampina Targets Annual Cost Savings Of €400m To €500m

Dutch dairy cooperative FrieslandCampina aims to achieve annual cost savings in the range of €400 million to €500 million from 2026, by implement...

Amazon, Walmart Court Early Holiday Shoppers In US With Limited-Time Deals

Amazon, Walmart, Target and other large retailers launched US sales on Monday and Tuesday, dangling discounts on narrow selections of merchandise more than...