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UK Retail Sales Fall In May After April Rise, Outlook Less Gloomy: CBI

British retail sales declined this month after a modest rise in April but stores expect sales volumes to stabilise in June as consumer confidence improves...

Sainsbury’s Launches Fully Electric Fleet At Its Nine Elms Superstore

UK retailer Sainsbury’s has announced that its Nine Elms London superstore is now operating a fully electric delivery fleet.

Colruyt Blames Price Dispute For Lack Of Mondelēz Products

Belgian supermarket chain Colruyt said its supplies of Mondelēz products, such as Milka chocolate and Lu and Oreo biscuits, have been halted during a dispu...

Coca-Cola HBC Expecting Profit Growth To Be At Upper-End Of Forecast

Coca-Cola HBC AG has forecast full-year profit growth to be at the top end of its guidance, aided by robust demand for its soft drinks and executed price i...

Philip Morris Trims Annual Profit Forecast On Elevated Costs

Marlboro maker Philip Morris International Inc cut its full-year profit forecast on Thursday, hit by rising tobacco leaf prices, energy and labour costs.

Südzucker Raises Forecast As FY 2022/23 Results Beat Expectations

European sugar producer Südzucker AG has lifted its forecast for the 2023/24 financial year after preliminary figured showed better-than-expected perf...

Portugal's Finance Minister Anticipates Significant Inflation Drop In April

Portugal's inflation is expected to decelerate significantly this month, with prices of final products benefiting from lower energy and commodity prices, f...

Migros Sees Sales Growth Of 4.2% In FY 2022

Swiss retail group Migros has reported a 4.2% year-on-year increase in sales to CHF 30.1 billion (€30.7 billion) in its financial year 2022 despite a...