Sales

UK's Bunzl Says Lower Prices Will Impact 2024 Profit

British business supplies distributor Bunzl said that low prices, especially in continental Europe, would have a 'slight impact' on its annual profit.

Albertsons Terminates Merger With Kroger

Albertsons has terminated its $25-billion (€23.7 billion) merger agreement with Kroger after the government blocked the deal.

Metro AG Reports Full-Year Sales Growth Driven By sCore Strategy

Wholesaler Metro AG has reported growth in sales for the third consecutive year driven by the implementation of its sCore growth strategy.

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...

Dollar General Flags Profit Margin Squeeze From Holiday Discounts

Dollar General warned that profit margins would be pressured in the holiday quarter due to higher promotions and discounts.

Brown-Forman Beats Sales, Profit Estimates In Second Quarter

Brown-Forman beat second-quarter sales and profit estimates, helped by steady demand for its ready-to-drink beverages and spirits.

Bulgaria Sees Closure Of More Than 10,000 Small Grocery Stores In The Past 10 Years

Over the past decade, approximately 10,000 small grocery stores in Bulgaria have closed, primarily due to competition from larger, more modern retailers.

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