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Kroger’s comps slide to near zero as cyclospora outbreak eats into produce sales
1+ day, 23+ hour ago (456+ words) Multiple factors, including reduced spending on fresh food stemming from the public health crisis, hurt the grocer’s Q2 sales growth, executives said. Kroger’s sales growth was moving in the right direction until late in the quarter, when shoppers reacted to the…...
Kroger Q2 Profit Rises, Backs FY26 Adj. Earnings View, Cuts Sales Growth Forecast; Stock Drops
1+ day, 23+ hour ago (343+ words) Supermarket chain Kroger Co. reported Friday higher profit and sales in its second quarter, while Identical Sales growth was slower than the prior year. Further, the firm maintained adjusted earnings outlook for fiscal 2026, but trimmed growth view for identical sales…...
Coles is bananas to dump Coffs produce
3+ day, 5+ hour ago (151+ words) DEAR News Of The Area, I WRITE in regards to your recent front-page article (‘Coles cuts Coffs’, NOTA, 4/9/6). I’m with our local banana growers. It’s an absolute disgrace that Coles are now bringing bananas all the way from Queensland to…...
Woolworths praised for 'amazing' banana move after Coles decision angers shoppers
5+ day, 6+ hour ago (615+ words) Coffs Harbour locals are vowing they'll "never forget" a decision by Coles to stop buying local bananas. The NSW Mid-North Coast town is the home of the Big Banana, and many have taken the decision personally. Lee Gentle, the wife…...
Coles stops buying Coffs Harbour bananas and produce
6+ day, 23+ hour ago (772+ words) SUPERMARKET giant Coles will sell Queensland bananas in Coffs Harbour following its decision to dump around 30 local farmers, despite having no concerns with their products or service. Last week a small collective of farmers launched a campaign to make people…...
Crest Nicholson cuts earning targets again after ‘difficult’ summer
1+ week, 2+ day ago (309+ words) Housebuilder Crest Nicholson has said its earnings are on track to slide to a surprise loss after “difficult” trading over the summer. The Surrey-based company said it is set to deliver fewer home completions than previously expected as a result....
Dollar stores benefit as shoppers remain under pressure
1+ week, 3+ day ago (409+ words) As elevated fuel prices and overall economic uncertainty continue to squeeze consumers, dollar stores are having a feast, with sales of consumable goods doing particularly well. Dollar Tree and Dollar General both saw sales of consumables rise markedly during their…...
Australian Grocers Expand Private Labels as Coles Posts $1.09B Profit
1+ week, 3+ day ago (376+ words) Retail News Asia newsroom analysis Coles Group posted a 1.09 billion Australian dollar net profit for the financial year ending June 28, as the country’s supermarket giants add thousands of private-label lines to store shelves. The expansion of store brands directly targets…...
Australian Shares Flat; Collins Foods Reports Nearly 7% Rise in Sales for First 17 Weeks of Fiscal 2027
1+ week, 4+ day ago (68+ words) Yahoo Finance Australia Australian Shares Flat; Collins Foods Reports Nearly 7% Rise in Sales for First 17 Weeks of Fiscal 2027 Australian shares were again flat with a negative bias as economic concerns mounted in the wake of renewed Middle East hostilities. - CBA....
Woolworths proposes moving dozens of customer care jobs to Australia
1+ week, 5+ day ago (707+ words) Around 130 Woolworths staff could lose their jobs under a proposal to move the company's New Zealand customer care operation to Australia. (Source: Getty) About 130 Woolworths New Zealand workers could lose their jobs under a proposal to shift the supermarket giant's…...