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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...

Private Label Purchasing On The Rise In Spain, Says Dia

Six in ten Spanish shoppers (60%) say that they are purchasing more private-label products in a bid to save money, a new study by retailer Dia has found.

Optimistic Irish Consumers Prioritise Affordability, Health, Study Finds

Irish consumers are focusing on affordability and health while remaining optimistic about the future, according to the latest edition of the EY Global Cons...

Kraft Heinz Misses Sales Estimates In First Quarter

Kraft Heinz missed Wall Street expectations for first-quarter sales as inflation-weary consumers pushed back on higher prices of its branded lunch combos,...

Private Label Volume Sales Continue To Rise, Says Circana

Private label accounted for 64% of volume sales in the six largest grocery markets across Europe in the 12 months to February 2024, new data from Circana h...