US Grocer Albertsons Pulls Annual Outlook, Accelerates Turnaround Efforts
Albertsons withdrew its FY2026 forecasts as it launched a broad review of its business to cut costs, lower prices and reverse sluggish sales.
Vers nieuws uit voeding, dranken, persoonlijke verzorging, huishoudelijke verzorging, retail en FMCG-diensten, automatisch bijgewerkt en gelinkt naar de oorspronkelijke uitgever.
Albertsons withdrew its FY2026 forecasts as it launched a broad review of its business to cut costs, lower prices and reverse sluggish sales.
High-end brands have raised their prices in the post-pandemic economy. They’re selling less in part because fewer consumers can afford them.
The off-price retailer completed its fiscal year 2026 store growth plan of opening 115 new locations, including its first in Massachusetts.
Aldi has unveiled its Christmas sandwich range for 2026, with festive favourites and new additions hitting shelves from 14 October. Its seasonal line-up includes returning…
CEO Ramon Laguarta said the company plans to raise prices on select offerings and evaluate “every cost with aggressive lenses.”
McCormick has reported higher quarterly sales and profit, as pricier seasonings and sauces helped cushion the blow from weaker consumer demand.
Lindt & Sprüngli has lowered its forecast for its annual organic sales, citing the impact of price increases and weaker volumes. The post Lindt & Sprüngli cuts sales forecast as…
German consumer sentiment weakened more sharply than expected heading into October, as rising energy prices soured households' income outlook.
Asda has launched seven new brews as part of the Asquith 1965 range, which includes various beer styles with prices starting at £1.00 for an individual 440ml can. The retailer’s…
Palm oil prices are poised to remain under pressure as rising inventories in Malaysia and sluggish buying by the world's biggest importer India weigh...
Discover what's happening in retail today, Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and much more…
Grocery retailers Billa and Billa Plus have announced ‘the largest price offensive in the company’s history’ across Austria.