International Grocery News
Food Manufacturers And Supermarkets In France Agree To Renegotiate Prices
With the grocery industry in the UK facing increasing scrutiny during the inflation crisis, the government in France appears to have forced French food...
Target Sets Cautious Tone As US Consumers Turn Thrifty
Target yesterday forecast a grim second quarter as US consumers shun non-essentials such as electronics and home goods in the face of persistently high...
Owner Of Poundland Enters Another European Market
Pepco Group, the owner of the Pepco and Dealz brands in Europe and Poundland in the UK, will operate in 20 territories across Europe...
Walmart Investors Eye Margins Amid Grocery Focus
When Walmart reports earnings on Thursday, investors will get an even closer look at how American shoppers shifted their spending when faced with higher...
Increased Competition In The NZ Grocery Sector A Must For Consumers
Increased competition in the New Zealand grocery sector is a must for consumers to realise actual value at the register.
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Leading European Supermarket Sees Food Inflation Slowing; Pushing Suppliers To Pass...
Ahold Delhaize, the Dutch supermarket giant with a strong presence across Europe and the US, said today that it expects food inflation to slow...
Walmart Keeps Grocery Prices Steady Amid Inflation, Antitrust Claims
A new analysis of Walmart’s pricing strategy reveals it has consistently kept grocery prices lower than competitors while generally hiking prices at rates far...
Slow Duty-Free Recovery Impacts Estee Lauder
Cosmetics giant Estee Lauder has stated that it now expects to deliver weaker annual sales and profit figures than previously estimated due to a...
Slower Sales At Debt-Laden French Retailer Casino Sink Shares
Heavily-indebted French retailer Casino said on Thursday that its sales growth slowed in the first quarter, fuelling further concerns over its ability to generate...
Altria Misses Quarterly Sales Estimates On Weak Cigarette Demand
Altria Group missed sales expectations for the first quarter on Thursday, as price-sensitive consumers switched to cheaper brands of cigarettes and smokeless tobacco products.
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