Grocery - retail news, analysis and insights | Checkout Magazine

Weekly Round-Up ... 11 April 2023

Maxima Latvija has reported a 6.5% year-on-year increase in turnover to €974.6 million in its financial year 2022.

Profit At UK Supermarket Asda Slumps On Inflation Hit

Asda on Wednesday reported a 24% fall in annual earnings after it decided not to pass the full impact of cost inflation onto consumers.

Amazon, Other Retailers Revamp 'Free' Shipping As Costs Soar

Amazon.com Inc and other online retailers who use so-called free delivery to cultivate customer loyalty are scrambling to keep it from draining profit...

Laxman Narasimhan Assumes Role Of Starbucks CEO

Starbucks has announced that Laxman Narasimhan has officially assumed the role of chief executive officer and will join the company’s board of direct...

UK Grocery Price Inflation Hits Record 17.1%

British grocery inflation hit 17.1% in the four weeks to 19 February, another record high.

Weekly Round-Up ... 28 February 2023

British online supermarket Ocado Group currently has a good supply of salad items, chief executive Tim Steiner told reporters on Tuesday.

British Supermarket Waitrose Commits £100m To Price Cuts

Waitrose said it will spend £100 million ($122 million) to cut prices on over 300 own-brand products.

UK Competition Watchdog To Review Supermarkets' Unit Pricing

Britain's competition regulator will examine supermarket groups' so-called unit pricing, or how much a particular product costs by weight or volume, to ens...