Inflation

Campbell Soup Beats Quarterly Profit Estimates On Higher Prices

Campbell Soup surpassed Wall Street expectations for quarterly profit, benefiting from higher prices for its packaged meals and snacks that helped offset a...

UK Retailers See Weak Sales Growth In November Despite Black Friday Deals

British retail sales growth remained sluggish in November despite Black Friday deals, as the ongoing cost-of-living squeeze prompted shoppers to rein in sp...

Sainsbury’s Sees Biggest Jump In Market Share In A Decade: Kantar

Sainsbury's has reported its biggest market share jump in a decade, Kantar has said, with the British retailer seeing a 0.4 percentage point gain to 15.6%...

Animal Protein Production To Grow At A Slower Pace In 2024, Rabobank Says

Animal protein production is expected to grow at a slower pace in 2024 as margins continue to tighten due to structural changes in market conditions, accor...

Cogeca Elects Lennart Nilsson As New President

Cogeca, the European agri-cooperatives organisation, has elected Lennart Nilsson of Sweden's LRF as its new president, effective January 2024.

Tiger Brands Sees No Respite From High Food Prices Yet For Consumers

Tiger Brands, South Africa's biggest food producer, is taking action to stay competitive in the face of high input costs that have still not come...

Dollar Tree Trims Annual Sales Forecast As Customers Spend Less At Its Stores

Dollar Tree has trimmed its full-year sales forecast after missing third-quarter estimates, indicating that persistent inflation was weighing on demand for...

UK Regulator To Review Supermarket Loyalty Schemes

Britain's antitrust regulator said it would launch a review of loyalty scheme pricing by supermarkets, such as Tesco's Clubcard and Sainsbury's Nectar, con...