Inflation

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...

Greencore Expects Adjusted Operating Profit Above Market Estimates In FY 2023

Convenience food firm Greencore Group plc expects adjusted operating of £74-£76 million (€86 - €88 million) in its financial year 202...

UK Grocery Inflation Eases To Lowest Level Since July 2022: Kantar

British grocery inflation eased to its lowest rate for 15 months heading into October, industry data has shown, providing more relief for shoppers hurt by...