Inflation

Daybreak To Invest €8m In Store Network Expansion

Irish convenience retailer Daybreak plans to invest €8.2 million in a store expansion programme that will see the opening of approximately 37 new stor...

Egg Prices Up By Close To A Third Across European Union

Egg prices were on average 31.1% more expensive for consumers in February 2023, compared to the same month last year, new data has shown.

Walmart Sees Sustained Pressure From Inflation, Will Slow Hiring Pace

Walmart on Wednesday said inflation would continue to pressure its business this year, and that it would slow its pace of hiring as it builds out automatio...

Seven In Ten Italians Consumers Shop In Discount Stores

Inflation is changing habits of Italian households, increasingly pushing consumers towards low-cost shopping, a new study has found.

Conagra Lifts Profit Forecast As Price Hikes Offset Demand Pressures

Conagra Brands Inc raised its full-year profit forecast, as the Slim Jim beef jerky maker bets on price increases to shield its margins at a time when dema...

Peter Feld Appointed New Chief Executive At Barry Callebaut

Barry Callebaut, the world's biggest chocolate maker, has appointed Peter Feld as its new chief executive after reporting a decline in first half sales vol...

Over Half Of UK Shoppers Say Loyalty Cards Encourage Them To Buy A Product: NIQ

More than half of shoppers in the UK felt encouraged to buy products because of discounts offered through store loyalty cards, a survey from market researc...

Irish Grocery Retailers See Highest Footfall Since March 2020: Kantar

Irish grocery retailers witnessed a 13% year-on-year increase in shopper footfall - the highest level since March 2020 - in the latest four weeks ended 19...