We review Loblaw’s Q2 performance as more shoppers visited its discount stores, and the outlook for the second half of the year as it expects inflation to moderate. Q2 key numbers Total revenue increased 2.9% to $12,847m Retail segment sales increased 2.8% to $12,623m, with food up 1.2% and drug up 7.0% Food retail same-stores sales increased 0.9%, with drug retail same-store sales...

Against a backdrop of high food inflation, Walmart expects profits to be lower in the second quarter and for the full year. This is mainly due to pricing actions to clear slow-selling general merchandise items as shoppers cut back on discretionary spending.  Food inflation limiting discretionary spend The retailer is seeing double digit food inflation, which is impacting the ability of its ...

Dealing with record high inflation is a priority for suppliers in most geographies. Over the last quarter, many have seen energy and raw material costs soar. We look at the expectations of some of North America’s leading global suppliers to assess where they think inflation is headed next and some of the key things they’re watching for. Key takeaways Cost of goods inflation was higher in...