Supermarket

Britain's Tesco Launches New Round Of Price Cuts

Tesco, Britain's biggest supermarket, cut the price of more than 500 essential items on Friday, in the latest sign that a surge in grocery inflation will m...

UK Supermarket Bosses Reject 'Profiteering' Charge

British supermarket bosses rejected allegations they were profiteering through a cost-of-living crisis on Tuesday, telling lawmakers they were not passing...

Belgian Government Orders Food Industry To Lower Supermarket Prices

The Belgian Federal Minister for the Economy, Pierre-Yves Dermagne, has given a mid-July deadline for food producers to bring down supermarket food prices.

UK Regulator Raps Sainsbury's, Asda For Preventing Rival Store Openings

Britain's competition watchdog has secured agreements from supermarket groups Sainsbury's and Asda to cease using unlawful land agreements after it uncover...

Casino Investors' Hopes For CDS Payout Dashed Again

A panel that reviews disputes in the credit default swaps (CDS) market said on Friday that a 'failure to pay' credit event had not occurred in relation to...

'Massive Shift' Seen In Grocery Shopping Habits In The UK: Report

Grocery shopping in the UK has seen a 'massive shift' in food shopping habits since the pandemic, according to a report by the BBC based on insights from K...

Waitrose Launches Own-Brand Fairtrade Coconut Oil

Upmarket UK retailer Waitrose & Partners has launched its own-label coconut oil, which is both organic and Fairtrade.

Alcampo Distributed €31.2m In Bonuses And Shares In 2022

Spanish grocery retailer Alcampo has announced it distributed €31.2 million in 2022 in bonuses and shares through the profit sharing plans and persona...