Inflation

Two Thirds Of UK Shoppers Have Switched Some Or All Of Their Shopping To Aldi and Lidl

Some 65% of UK shoppers have switched either 'some' or 'all' of their shopping to Aldi and Lidl, a new study has found.

Hershey Trims Annual Forecasts As Higher Prices Dent Demand

Hershey cut its annual profit and sales forecasts and posted a near 17% drop in quarterly sales, highlighting cautious consumer spending for its candy and...

Kellanova Raises 2024 Forecasts On Stable Snacks Demand In North America

Kellanova raised its annual organic sales and profit forecasts as consumers opted for its breakfast cereals and ready-to-eat snacks such as Pringles despit...

AB InBev's Q2 Profit Growth Outshines Sales Miss

Anhueser-Busch InBev has reported forecast-beating core profit for the second quarter as cost discipline measures paid off, despite revenue and volumes fal...

Mondelēz International Misses Quarterly Sales Estimates On Weaker Demand

Mondelēz International missed expectations for second-quarter revenue, as budget-conscious customers opted for lower-priced alternatives amid sticky inflat...

UK Shop Price Inflation Unchanged At 0.2% In July

Shop price inflation in the UK remained unchanged month on month at 0.2% in July, below the three-month average rate of 0.3%.

FrieslandCampina Reports Growth In Operating Profit In First Half

FrieslandCampina has reported operating profit of €301 million for the first half of 2024, up from €47 million in the corresponding period last y...

UK Retail Sales Stumble Again In July, CBI Says

British retailers suffered another bad month in July and expect further weakness in August as poor weather and generally weak trading conditions continued...