Metro reports Q2 profits up 10% from year ago as sales rise Food same-store sales rose 5.8% compared with a year earlier, while pharmacy same-store sales gained 7.3% As Canadians seek something extra from their beverages, functional drinks are thriving Consumer desires are influencing everything from product formulation to advertising to in-store merchandising KitKat asks fans to take a break from its bars in campaign for KitKat Pops New product is designed to be enjoyed over a longer period of time Metro chief says more price increases to come, shift to discount continues Metro president and CEO discusses inflation, supply chain issues and the growth of the grocer's discount banners on the company's Q2 earnings call Sponsored AI’s game-changing impact on retail explored at RCC STORE 23 Conference How AI – and learning to use it to revolutionize all areas of retail operations - to be discussed at RCC STORE 23, May 30-31, 2023 in Toronto Food inflation continues to slow, but still outpacing general CPI increases Lower prices for fruits and vegetables led to a deceleration in grocery prices Weston to step back from day to day operations at Loblaw as company announces new CEO Per Bank, the chief executive of Denmark grocery retailer Salling Group A/S, will join the company by early 2024 Costco executive tells MPs it has not sought to increase profits amid inflation Pierre Riel said Costco has received a draft of the code of conduct and will participate if the goal of the code is to lower costs for consumers Sponsored Not to miss exclusive speakers at GSF West 2023 – Grocery Code | BMO chief economist | in-store experiences and more! See the digital show guide for this year’s Grocery & Specialty Food West event Sponsored How independent grocers are defending supply chain through growing demands Free case study – Associated Grocers automates supply chain processes First Previous 239 240 241 242 243 Next Last