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...Food sales rose by 7.9 per cent. Trading compared favourably with listed peers that have updated the market recently....
...The new owners, led by Bain’s special situations unit, have been buying up Accolade’s debt at a heavy discount and hope to complete the company’s recapitalisation by the middle of the year....
...In addition, the rules cap discounts that retailers can give on health, beauty and hygiene products to 34 per cent....
...Tyson Foods is feeling the squeeze acutely. Operating margins at its beef business, its largest unit, was a negative 6.4 per cent for the fiscal fourth quarter that ended on September 30....
...It has funnelled revenue into marketing and discounts to attract new customers. Rivals like Home Chef and Berlin-based Hello Fresh fought for the same market share....
...“While the pharmaceutical industry makes record profits, millions of Americans are forced to choose between paying for medications they need to live or paying for food, rent and other basic necessities,”...
...The discount clothing chains TJX and Ross Stores reported strong same-store sales and good margin performance in the third quarter. Their consumer is just fine....
...A version of this article was first published by Nikkei Asia on May 25 2023. ©2023 Nikkei Inc. All rights reserved....
...Even as they invest more heavily in existing outlets, the discount chains are still expected to outpace the rest of retail in store openings....
...In the battle for US fast-food supremacy, Burger King’s rivals have taken a bite out of its market share....
...In May that year, the central bank began raising interest rates to head off inflation, increasing its discount rate from 2.5 per cent to 6 per cent by August 1990....
...Was he using this discount, or leveraging deals (often offering superior pizza-purchasing-power)? Does he bother to claim a discount on pizzas he is putting on expenses?...
...A version of this article was first published by Nikkei Asia on May 12 2023. ©2023 Nikkei Inc. All rights reserved....
...Walmart said it expected to continue to gain from higher-income shoppers, who are searching for discounts amid persistent inflation....
...A membership programme offers discounts to regulars, and the brewery works with other small local firms to try to build a regional reputation....
...Not to mention AT&T, whose shareholders were left owning 71 per cent of the company after offloading it at a steep discount from its initial $85bn purchase price....
...Clothing stores are battling a glut of inventory and a split in spending habits, as lower-income shoppers put necessities including food and rent first while affluent consumers replace pandemic leisurewear...
...In food delivery, where many operators have been forced to cut back on discounts and promotions by dwindling investment in the sector from venture capitalists and greater pressure to show profits for public...
...“The increasing levels of food and fuel inflation are affecting how customers spend,” said Doug McMillon, Walmart’s chief executive....
...That “bifurcation of consumers” should leave companies such as Hormel Foods well positioned in a recession, chief executive James Snee told one analyst two weeks ago....
...It’s been 60 years since Sam Walton expanded from this small shop to open the first Walmart discount store nearby, and 30 years since he died. But “Mr Sam” and his company still dominate Bentonville....
...Target warned in May that it would have to discount products and cancel orders to clear excess stock in categories from televisions to outdoor furniture....
...A version of this article was first published by Nikkei Asia on October 28 2022. ©2022 Nikkei Inc. All rights reserved....
...It also means that Japan Inc now responds to changes in global financial conditions in unusual ways....
...expectations in terms of price, and how processed the food is....
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