Grocery Outlet’s value image is improving with shoppers, CEO says
Key adjustments the discount grocer made to its opportunistic supply and low-price messaging have boosted its financial results, Jason Potter told investors.
Fresh headlines across food, beverage, personal-care, home-care, retail and FMCG services, updated automatically and linked to the original publishers.
Key adjustments the discount grocer made to its opportunistic supply and low-price messaging have boosted its financial results, Jason Potter told investors.
From fake discounts to business rates, Andy Burnham has been prime minister for less than a month but wasted little time putting the cost of living and high streets at the centre…
Falling prices of the commodity are dinging retailers’ comps, but experts say earlier highs likely pushed consumers toward low-price competitors.
Shein could be forced to accept a valuation below $30bn (£22.4bn) for its long-awaited stock market debut as investors push back on the fast fashion giant’s proposed price tag…
Great Britain has recorded the highest level of FMCG inflation compared with France, Germany, Italy and Spain, according to NielsenIQ (NIQ).
Kenvue narrowly missed Wall Street estimates for second-quarter results as inflation, tariffs and currency-related costs squeezed margins.
The specialty grocer’s loyalty program, ongoing affordable pricing strategy and new store openings kept the company in the black for both net and comparable-store sales.
Prime Minister Andy Burnham has vowed to tackle the ongoing cost-of-living crisis with a series of measures, including making it easier to cancel unwanted subscriptions, as part…
Grocers could face tougher rules around promotions and “was” prices as Prime Minister Andy Burnham launches a crackdown on misleading discounts and subscription traps. The…
A Senate subcommittee hearing put companies on blast for “AI surveillance pricing,” highlighting how retailers risk losing consumer trust.
The c-store group is increasing prices after midnight at its Cannon Street shop due to retail crime costs
Like many U.S. grocers, the company’s comparable store sales performance was weighed down by the Inflation Reduction Act.