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Costco Tops Quarterly Sales, Profit Estimates On Steady Early Holiday Demand

Costco Wholesale beat first-quarter revenue and profit expectations on Thursday as its bulk and discounted offerings, appealing to budget-conscious America...

Italian Grocery Retail Market Recovers In 2024, Study Finds

The grocery retail market in Italy is showing signs of recovery in 2024, with increased sales volume and value, according to data published by GS1 Italy an...

US Black Friday Sales Rise 3.4% In 2024: Mastercard SpendingPulse

Black Friday sales in the US increased 3.4% in 2024 compared to the previous year, according to preliminary data from Mastercard SpendingPulse.

Product Innovation Key To Success In The UK Food-And-Grocery Market: GlobalData

UK grocers need to focus on product innovation to drive long-term growth and customer loyalty, a new study by GlobalData showed.

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Shoppers To Adopt A 'Smart, Savvy and Shrewd' Approach This Festive Season: EY

Global shoppers are likely to embrace a 'smart, savvy and shrewd' approach this festive season, a new study by EY showed.

Starbucks Reports Drop In Comparable Sales, Earnings As Global Demand Suffers

Starbucks reported a 7% drop in global comparable sales for the fourth quarter as the coffee chain struggles to revive demand for its pricey lattes in the...

Three Fifths Of French Grocery Categories Have Seen Volume Declines In Year To Date

Some 61% of consumer goods categories in France have seen volumes decline in the year to date, new data from Kantar has revealed.

China's Spending Slump Weighs As Alibaba Misses Estimates

Alibaba Group Holding missed market expectations for first-quarter revenue, as the company's domestic e-commerce sales came under pressure from cautious sp...