Reports
Wesfarmers Delivers Strong FY26 Result as Kmart’s Low-Price Strategy Wins Shoppers
Wesfarmers has delivered a strong financial performance for the year to 30 June 2026, reporting statutory net profit after tax of A$2.874 billion as its major retail businesses continued to benefit from a strong...
Starbucks Cuts 224 Jobs as Turnaround Takes a Tougher Turn
Starbucks is cutting 224 corporate jobs in its latest restructuring, sending a powerful message about the direction of the coffee giant under CEO Brian Niccol. The layoffs affect employees connected to the company’s Seattle...
The Consumer Has Learned to Trade Down — And Supermarkets May Never Be the Same
Years of food inflation have changed the way people shop. Consumers are comparing prices more carefully, experimenting with private-label products and becoming increasingly comfortable with discount supermarkets. The biggest question for the grocery industry...
WHO BUYS THE MOST FOOD? THE COUNTRIES MOST DEPENDENT ON GLOBAL FOOD MARKETS
The global food trade is increasingly shaped not only by the countries that produce the most food, but by the countries that have to buy it from the rest of the world. A new...
ICA FIGHTS BACK: SWEDEN’S SUPERMARKET PRICE WAR INTENSIFIES
ICA FIGHTS BACK: SWEDEN’S SUPERMARKET PRICE WAR INTENSIFIES Sweden’s grocery battle is entering a new phase. For years, Willys and Lidl have put relentless pressure on the country’s traditional supermarket operators with their low-price...
AstraZeneca Explores Landmark Deal That Could Reshape the Global Pharmaceutical Industry
The global pharmaceutical industry is closely watching reports that AstraZeneca is exploring a possible acquisition of Bristol Myers Squibb, a transaction that could become one of the largest corporate deals in healthcare history. If...
In the Shadows of Valencia: The Quiet Battle for the Soul of the Spanish Barrio
If you want to understand the fabric of Spanish daily life, look no further than the neighborhood supermercado. For over a decade, Mercadona has reigned supreme as an untouchable cultural institution. Its private labels,...
Seven Prime Ministers in a Decade: Why Britain Is Still Searching for an Economic Revival
For much of the past decade, Britain has been searching for a leader capable of restoring confidence, rebuilding economic growth and providing long-term stability. Instead, the country has experienced an extraordinary period of political...
Aldi Expands Investment as Growth Strategy Continues to Reshape Grocery Competition
Aldi is continuing its rapid expansion across several international markets, reinforcing its position as one of the fastest-growing supermarket chains in the world. The discount retailer remains focused on opening new stores, strengthening its...
Robbed: Retail theft rose +46% as Argentina stole the win against England in the FIFA World Cup Semi Final.
London, UK — As England crashed out of the FIFA World Cup on Wednesday (15 Jul 2026), retailers were experiencing their own losses in-store with shoplifting and violent incidents both rising on match-day, according...