Shoppers are buying less meat, data shows
Customers purchased fewer pounds of fresh and processed proteins, including beef, bacon and lamb, in June as prices continued to rise.
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Hershey pricing hits confectionery volumes as salty snacks respond to cuts
Hershey is confident it can restore confectionery volumes lost to price as optimism emerges for cocoa “deflation” in the new fiscal year. The post Hershey pricing hits…
Data: Meat inflation continued to decline in July
Supermarket prices fell across multiple meat categories, with the exception of chicken in July according to the latest report from the Association of Independent Meat Suppliers…
Data: Private labels growing faster than brands
Private label continues to outperform brands in Europe as shoppers have shifted to retailer-owned products for quality rather than price, according to the latest research from…
The Weekly Closeout: Macy’s disappearing billboard and Reformation’s IPO
The department store’s iconic sign in Herald Square was taken down. Meanwhile, the apparel retailer went public on the low end of its price range.
UK SME sales growth slows to 3.6% in second quarter
Xero data shows hiring at six-month low as fuel prices and economic uncertainty weigh on trading
Mondi H1 Underlying EBITDA Declines Amid Higher Input Costs
Packaging and paper group Mondi has reported a decline in first-half performance driven by lower selling prices and higher input costs.
Gen Z Values Delivery Speed And Shopping Experience Over Price In Czechia, Study Finds
Young people in Czechia are increasingly seeking fast deliveries and enhanced shopping experiences over bargain prices, as per GLS.
Hershey Tops Quarterly Estimates On Higher Prices, Snack Demand
Hershey saw Q2 sales and profit that exceeded Wall Street estimates, driven by higher prices and robust demand in a challenging environment.
New Jersey bans dynamic pricing
The legislation also puts a one-year pause on the new adoption of electronic shelf labels by retailers while the state studies the tech.
Chocolate makers are defending themselves against cocoa price swings
Despite a recent decline in prices, Mondelēz International and Hershey are rethinking their supply chains and relying on innovation to reduce their dependence on the commodity.
What grocers need to know about the pushback against dynamic pricing
Retailers are facing uncertainty as states block them from using consumer data to set individualized prices and the FTC directs attention to the issue.