Cost-Of-Living Crisis

Nestlé Misses Nine-Month Sales Estimates, Expects Volume Upturn By Year-End

Nestlé has posted lower-than-expected nine-month sales growth as higher product prices made shoppers balk, but said it expects volumes to turn posit...

John Lewis Chair Sharon White To Step Down In 2025

Sharon White, the chair of British retailer the John Lewis Partnership, will step down early in 2025, having decided not to seek a second term of office, t...

Aldi UK To Increase Investment, Reports Rise In 2022 Profit

The UK arm of German discount supermarket Aldi said it would increase its investment in the period to end-2024 to £1.4 billion (€1.6 billion) as...

UK Consumers Most Optimistic Since Early 2022: GfK

British consumers are the most optimistic since the start of 2022 as they turn more hopeful about the economy with inflation on the wane and wages growing,...

Instacart Stock Subdued As Debut Enthusiasm Loses Steam

Instacart shares fell 5% on Wednesday, as the grocery delivery app joined other recent stock market entrants in failing to keep up with their strong gains...

Nestlé Picks WPP Openmind As Its Sole Media Agency In Europe

Nestlé said it has picked WPP Openmind to be its sole media agency in Europe, as the world's biggest packaged food maker seeks to target consumers m...

Morrisons To Unveil Plans To Combat Cost-Of-Living Challenges And Strengthen Partnerships With Suppliers

At the Morrisons Trade Briefing on 3 October, Rachel Eyre, Chief Customer and Marketing Officer for Morrisons, will share how the company is giving custome...