Inflation

Dollar Tree Forecasts Tepid Annual Profit On Costs, Pivot To Spending On Essentials

Dollar Tree forecast annual profit largely below estimates, owing to higher costs and a shift in spending towards lower-margin consumables.

Juul Plans To Lay Off 30% Of Workforce In Cost-Cut Push, Source Says

Juul Labs is planning to lay off 30% of its workforce, a source familiar with the matter told Reuters, as the e-cigarettes maker aims to reduce its operati...

Irish Consumer Sentiment Weakens, Wiping Out Recent Modest Gains

Irish consumer sentiment weakened for the first time in five months in August, a new survey has shown, wiping out the modest gains of the previous three mo...

Sainsbury’s Announces New Measures To Boost Value Offering

UK retailer Sainsbury's has added over 40 products to its Aldi Price Match campaign, taking the total number of products in the scheme to more than 400.

India Set To Ban Sugar Exports For First Time In Seven Years

India is expected to ban mills from exporting sugar in the next season beginning October, halting shipments for the first time in seven years, as a lack of...

Chocolate Makers' Prospects Sour As Cocoa Prices Spike

Chocolate makers like Hershey and Mondelēz face tougher trading conditions over the next year as they attempt to pass on soaring cocoa costs to cash-strapp...

Royal Unibrew Reports 'Strong' Top-Line Growth In H1, Raises Full-Year EBIT Guidance

Drinks firm Royal Unibrew generated net revenue of DKK 6.2 billion (€830 million) in the first half of its financial year, equating to organic growth...

Britain's Ocado Retail Cuts Prices Again

British online supermarket Ocado Retail has cut the prices of another 200 items, in a further sign that UK food price inflation will continue its downward...