Inflation

Kimberly-Clark Cuts Forecast As Customers Opt For Cheaper Alternatives

Kleenex tissue maker Kimberly-Clark cut its full-year organic net sales forecast after missing Wall Street estimates for Q3 sales on Tuesday.

British shoppers faced increased pressure on their budgets last month as grocery inflation edge higher, data from Kantar showed on Tuesday.

PepsiCo will buy Siete Foods parent company Garza Food Ventures for $1.2 billion, the company said on Tuesday.

Prices in British shops fell at the fastest pace in more than three years in September, the British Retail Consortium (BRC) said on Tuesday.

PepsiCo is in advance talks to acquire tortilla chip-maker Siete Foods for more than $1 billion, the Wall Street Journal reported on Monday.

Dunnes Stores holds the greatest market share of Irish supermarkets as back-to-school figures are revealed, according to Kantar.

WH Smith reported a higher annual revenue on Wednesday as robust travel demand propelled sales, sending the UK retailer’s shares up 11%.

UK grocery inflation edged lower this month, data from Kantar showed on Tuesday, after rising for the first time in 18 months a month prior.

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