Food Inflation | ESM Magazine

Tesco CEO's Annual Pay Package Doubles To Nearly £10m

The boss of Tesco saw his pay package more than double to almost £10 million ($12.6 million) in its 2023/24 financial year. .

Carrefour Brasil Returns To Profit In First Quarter

Carrefour Brasil has posted a net profit of 39 million reais (€7.1 million) in the first quarter of its financial year.

Ahold Delhaize Beats First-Quarter Profit Margin Expectations

Ahold Delhaize beat first-quarter core profit margin expectations and confirmed its guidance for 2024 as improvements in its European performance offset mo...

Lower Inflation Set To Tempt Shoppers Back To UK Stores, Says NIQ

With the UK now experiencing lower food inflation, the "next battleground" for the country's top retailers is likely to focus on encouraging shop...

UK Food Prices To Keep Rising Through 2024, Industry Researcher Cautions

British food and drink prices will continue to rise in 2024, contributing to an extended cost-of-living crisis, a prominent grocery industry rese...

Albertsons Sees Same Store Sales Up 2.9% In Third Quarter

US retailer Albertsons Companies saw net sales and other revenue increasing to $18.6 billion in the third quarter of its financial year from $18.2 billion...

France's Leclerc Still Selling Pepsi After Carrefour Drops PepsiCo Products

The head of France's biggest supermarket chain E. Leclerc said it was still selling Pepsi after rival Carrefour ditched PepsiCo products in the latest tug-...

Colruyt Sees Market Share, Revenue Up In First Half

Colruyt has reported a 16.0% year-on-year increase in revenue to €5.5 million and a more than 100 basis points gain in market share to 32.1% in the fi...