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...Getir, the Turkey-based grocery delivery company, is raising $500mn in a deal that prices one of the hottest start-ups of the pandemic at less than a quarter of its value 18 months ago....
...The retail veteran held firm and insisted that his company used return on investment and total shareholder return to assess its profitability....
...Annual grocery inflation eased to 4.5 per cent in the four weeks to March 17, down from 5.3 per cent in the previous month, according to the research company Kantar....
...UK grocery inflation fell marginally in January, according to research company Kantar....
...UK grocery price inflation declined at the fastest pace on record in December, helping to boost Christmas spending according to the research company Kantar....
...UK grocery inflation slowed again in November according to figures from research company Kantar that suggest food could be a bit more affordable during the festive season....
...Steiner, who was paid almost £2mn last year, co-founded the company with two other Goldman Sachs executives in 2000....
...UK grocery price inflation fell at the fastest pace on record in December, according to data from research company Kantar, the latest evidence of a significant retreat in price growth in Britain....
...It also said that free cash flow from retail activities would be at least £600mn this year, up from previous guidance of at least £500mn The company said that grocery sales in the six months to September...
...It dismissed a proposal by the two companies to divest several hundred stores as “inadequate”....
...Grocery inflation eased to 4.5 per cent in the four weeks to March 17, down from 5.3 per cent the previous month and the lowest since February 2022, according to research company Kantar....
...Big share price moves in Europe today include UK-based miner Rio Tinto, German travel company Tui and UK grocery retailer Ocado: Rio Tinto: Shares in the Anglo-Australian company advanced 3.4 per cent after...
...Big share price moves in Europe today include French IT company Atos, UK grocery retail group Ocado and British engineering business Smiths Group: Atos: Shares in the heavily indebted French IT services...
...UK grocery inflation dropped into single digits for the first time since July 2022, according to research company Kantar on Tuesday....
...The FTC on Monday challenged the $24.6bn acquisition, alleging that it would eliminate competition between the two companies, increase prices for groceries and harm product quality and consumer choice....
...Economic indicators: Inflation watchers will keep a close eye on research company Kantar’s latest monthly data for grocery market share and price inflation, with last month’s reading down 1.5 percentage...
...In the four weeks to October 1, grocery prices rose by an annual rate of 11 per cent, down from 12.2 per cent in the previous month and the lowest since July 2022, research company Kantar said on Tuesday...
...Waitrose is only slightly ahead of M&S in the grocery market, with a 3.6 per cent market share this month versus the latter’s 3.4 per cent, according to data provider NIQ....
...Institute for Grocery Distribution, an industry group....
...The US Federal Trade Commission has sued to block Kroger Company’s acquisition of Albertsons Companies in a move that threatens the largest supermarket merger in US history....
...This week, San Francisco grocery delivery company Instacart reported a heart-stopping $2bn loss in its first set of earnings as a public company....
...The online grocery delivery company boosted its price range by about 7 per cent to $28 to $30 per share in a filing on Friday, valuing the group at up to $10bn on a fully diluted basis....
...Lok’nStore Group: Shares in the UK self-storage company shot up 18 per cent following news that it had agreed to be bought by Brussels-listed rival Shurgard for £378mn, at a 16 per cent premium to Wednesday...
...UK grocery price inflation has dropped for the sixth month in a row to the lowest level in a year, according to research company Kantar....
...The annual rate of supermarket price rises was 9.7 per cent in the four weeks to October 29, research company Kantar said on Tuesday, down from 11 per cent in September and well below the all-time peak of...
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