Food: latest news, insights and analysis | ESM Magazine

South Africa's Woolworths' Annual Profit Rises On Sales, Online Boost

South African retailer Woolworths has reported a nearly 15% rise in annual profit as promotional sales, online growth and lower debt offset the impact of p...

Cross-Border Trade In Norway Amounts To NOK 4.5bn In First Half

Cross-border trade in Norway amounted to NOK 4.5 billion between January and June this year, with shoppers making around 2.3 million day trips, according t...

Mercadona Donates Over 10,500 Tonnes Of Food In The First Half

Spanish retailer Mercadona donated over 10,500 tonnes of food in the first half of 2023 and expanded its collaboration agreements with social organisations...

UK Households See Some Recovery As Disposable Income Increases In July, Says Asda

UK households saw financial pressures ease 'slightly' in July as disposable income increased 4.5% year on year – the strongest annual growth rate sin...

Dutch Retail Turnover Up, Volumes Down In Second Quarter: CBS

Retail sales in the Netherlands saw growth of more than 6% year on year in the second quarter due to higher selling prices.

Walmart Raises Forecasts, Tops Sales Estimates As Lower Prices Pull In Shoppers

Walmart Inc raised its full-year forecasts and beat estimates for second-quarter sales, underscoring its strength in offering lower prices on everything fr...

Target Cuts Annual Forecasts As Americans Hold Back On Non-Essential Spending

Target has lowered its full-year sales and profit expectations and forecast a dour third quarter, in another sign that Americans, squeezed by inflation, ar...