Cost-Of-Living Crisis

Britain's Greggs Keeps Outlook Despite Sales Growth Slowdown

British baker and fast food chain Greggs kept its full year outlook, though it said underlying sales growth did slow in its latest quarter with consumers c...

Britain's Waitrose & Partners To Invest €1.17bn In Stores Over Three Years

British upmarket supermarket group Waitrose & Partners plans to invest £1 billion (€1.17 billion) in new and existing shops over the next th...

UK Regulator Decides Against In-Depth Probe Of Baby Formula Market

Britain's competition regulator has decided against launching a more extensive market investigation into the supply of infant formula after an in...

Danone Beats Sales Forecasts As Price Hikes Decelerate

France's Danone beat second-quarter sales expectations, boosted by higher sales volumes as price hikes slowed.

UK's Greggs Upholds 2024 Forecast, H1 Profit Boosted By Wider Product Range

British fast food retailer Greggs kept its full-year profit outlook as a wider product range, more deliveries and extended store hours lifted first-half pr...

UK Grocery Market Returns To Real Growth In 2024, Inflation Still A Major Factor: IGD

UK grocery market returned to real growth in 2024 with inflation as the main driver, according to a detailed forecast from IGD.

UK's John Lewis Names Ex-Tesco Executive Jason Tarry As Its Next Chair

Britain's John Lewis Partnership has appointed former Tesco executive Jason Tarry as its next chair, following Sharon White's decision to step down from th...

Waitrose Announces Price Cuts On More Than 200 Products

Upmarket UK retailer Waitrose & Partners will lower the prices of over 200 daily essentials, including everyday foods like chicken breasts, potatoes, b...