Analysis
Commenting on food price inflation and some items doubling in price compared to a year ago
Commenting on food price inflation and some items doubling in price compared to a year ago, Mark Lynch, Partner at corporate finance house to the consumer industries, Oghma Partners, said: “Food price inflation is being driven...
RAW SUGAR AND COCOA PRICES REACH NEARLY 10-YEAR HIGHS – THE SMART CUBE COMMENTS
RAW SUGAR AND COCOA PRICES REACH NEARLY 10-YEAR HIGHS – THE SMART CUBE COMMENTS Prices of raw sugar and cocoa touched 10-year and seven-year highs respectively in April 2023, The Smart Cubereports, due to tight...
Walmart anticipates lower than expected earnings for 2023
Walmart said on Tuesday it expects a lower-than-expected annual profit for 2023 and warned that cautious consumer spending could weigh on profit margins. The U.S. retail giant’s stock was down 1.2 percent at 14:48...
UK, Aldi is becoming the fourth-biggest supermarket
Budget supermarkets are seeing huge growth as a result of the cost-of-living problem, whilst more costly chains are finding it difficult to keep their clientele. Aldi and Lidl made a combined total of...
Carrefour Shares Increase as 2022 Sales Exceed Expectations
Following the release of 2022 data, which experts claim confirm the group’s operational strengths, Carrefour’s stock price increased on Wednesday. Share prices were 5.9% higher at EUR17.39 Carrefour exceeded consensus forecasts with annual sales...
Walmart has surpassed Amazon as the most popular online supermarket.
In a poll for Chicory’s 2023 Online Grocery Shopping Report, Walmart knocked out Amazon as consumers’ favourite online grocer. In the annual online grocery research released Thursday by Chicory, a CPG/grocery digital commerce platform...
Coffee: trends, uses and consumption
of one of the most loved beverages in the world
Coffee: trends, uses and consumption of one of the most loved beverages in the world Whether it’s for breakfast, for a break in the morning, after lunch or after dinner, coffee remains the most appreciated...
62% of eCommerce organisations believe that in 2023 real-time data collection will be their primary focus
Without real-time information, eCommerce businesses may fail to reach their full growth potential It is no secret that a key area of web scraping in 2023 will be centred around real-time data. When asked...
AGRICULTURE: ADDITIONAL STATE SUPPORT FOR THE ORGANIC SECTOR, IN CRISIS
The Minister of Agriculture, Marc Fesneau, announced on Tuesday additional financial resources for the Organic Agency, responsible for the development, promotion and structuring of French organic farming, a sector suffering from inflation and facing...
A Grim Picture of British economy 2023
LONDON (AP) – Updated figures from the Office for National Statistics on Thursday presented a grim picture of Britain’s economy, which contracted more than initially expected between July and September. Gross domestic product fell...