Grocery: latest news, insights and analysis | ESM Magazine

Gen Z Consumers 'Behave Like Boomers' When Grocery Shopping: Study

Some 59% of Generation Z consumers prefer to shop for groceries in-store rather than online, the same percentage as those in the Baby Boomer generation, a...

Costco Wholesale Misses Revenue Estimates On Weak Discretionary Spending

Costco Wholesale fell short of Wall Street estimates for quarterly sales due to tepid demand for higher margin goods.

Kroger Forecasts Upbeat 2024 As Grocery Demand Stays Strong

Kroger has forecast annual sales and profit largely above Wall Street estimates on higher demand for groceries at its stores as more Americans prepare meal...

Les Mousquetaires Reports 10% Growth In Turnover In FY 2023

Groupement Les Mousquetaires has seen a 10% growth in turnover, excluding fuel, to €39.9 billion in its financial year 2023.

John Lewis And Co-op Latest UK Retailers To Raise Staff Pay

The John Lewis Partnership and the Co-op became the latest British retailers to increase staff pay as they react to a rise in the government-mand...

UK Supermarket Chain Asda Raises Pay For Store Workers By 8.4%

Britain's third-largest supermarket group Asda said it would give more than 120,000 store workers an 8.4% pay rise from 1 July, following a similar move by...

UK Retailer Sainsbury's Plans To Cut 1,500 Roles

British supermarket group Sainsbury's said it plans to cut about 1,500 roles, as it seeks cost savings to invest back into the business.

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What Walmart May Gain From FTC's Kroger-Albertsons Lawsuit

The Federal Trade Commission's bid to block grocer Kroger's $25 billion acquisition of Albertsons could benefit Walmart, a rival whose close relationships...