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...After graduating from a Shanghai university in 2022, self-described introvert Yao joined the grocery operations of the city’s fastest-rising tech giant, Pinduoduo....
...Grocery price inflation fell to 3.2 per cent in the four weeks to mid-April, down from 4.5 per cent last month and the lowest rate since November 2021, research company Kantar said on Tuesday....
...UK grocery inflation fell marginally in January, according to research company Kantar....
...The biggest companies in the sector have managed to boost sales revenues in the past two years by raising prices to offset higher costs and volume losses as people reduced their grocery spending....
...It dismissed a proposal by the two companies to divest several hundred stores as “inadequate”....
...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....
...The FTC on Monday challenged the $24.6bn acquisition, alleging it would eliminate competition between the parties and increase grocery prices, while slashing product quality and consumer choice....
...“We obviously bring a lot of our general merchandise products from across the world; we bring products like wine, but so far we’re navigating it . . . and making sure we mitigate the impact,” said Roberts...
...The problem is that the attributes that make Amazon stand out in ecommerce, including low prices and a vast product range, do not apply to the company’s physical stores....
...Proponents in the UK range from brokers to grocery delivery....
...Consumers were continuing to increase their purchases of supermarkets’ own-label products, rather than branded goods, and to favour cheaper retailers, according to Kantar....
...Companies: Frozen potato processor Lamb Weston and consumer packaged foods company Conagra Brands will report earnings results before the bell....
...Retailers are also managing to regain some of their power by expanding the range of own-brand products they offer....
...US President Joe Biden criticised companies over “price gouging” and downsizing of their products in his State of the Union address, saying that “snack companies think you won’t notice when they charge you...
...Ocado Retail chief executive Hannah Gibson said that the company’s new warehouse in Luton, Bedfordshire, will double the number of robots with arms from 22 currently to 44 “in the very near future” during...
...But grocery is a low-margin business. Lower food prices could revive demand for Walmart’s higher-margin discretionary products, such as appliances or furniture....
...In the UK, the Competition and Markets Authority accused food producers of contributing to food-price inflation by pushing up prices by more than their costs after launching an inquiry into the groceries...
...The research company found that the annual pace of grocery price inflation eased to 14.9 per cent in the four weeks to July 9, down from 16.5 per cent in the previous month and the steepest decline since...
...ONS and other measures show grocery inflation has since slowed, with research company Kantar registering 9.7 per cent in the four weeks to October 29....
...Companies raised prices to offset higher costs, but the exercise has revealed the limits of their brand pricing power, as consumers started to push back against ever more expensive groceries and trade down...
...The company, which also owns Argos, said that first-half grocery sales rose 10.1 per cent to £16.4bn compared with the same period last year, driving “record market share gains”....
...As purveyor of the nation’s undies and groceries, M&S is a British institution. It is also a Great British comeback story....
...Once inside, shoppers can walk around and pick products from shelves, which they then scan and pay for at a self-checkout....
...The UK-based group, which also owns a grocery and ingredients division making products such as Kingsmill bread and Twinings tea, said that the 15 per cent increase in sales to £19.8bn in the year to September...
...Dollar Tree, which also owns and operates Family Dollar, says its stores bring quality products at affordable prices to communities around the country....
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