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Supermarket earnings tumble as food prices fall

Business & Finance : USAToday: Money

Food prices are down at supermarkets across the country, which is good news for shoppers, but is denting profits and sales for retailers.        

British supermarket price war chips away at Sainsbury's sales

Business & Finance : Business Insider: Clusterstock

Sainbury's reduced 1,100 prices in its supermarkets but this was not enough to stop sales from falling in the ten weeks to 14 March 2015. Britain's third largest food retailer by market share revealed in its trading update that i n ...

Reforms on the way at Sainsbury’s

Business & Finance : Business Report

The supermarket price war has left Sainsbury’s nursing a fifth consecutive fall in sales. ||| London - The supermarket price war, low oil prices and cheaper milk, meat, fruit and vegetables have left Sainsbury's nursing a fifth cons...

Oil is tumbling after Russia’s largest oil company said the country can 'significantly' pump up production

Business & Finance : Business Insider: Money Game

Oil prices are tumbling. Prices for West Texas Intermediate crude, the US benchmark, are down by 2.3% at $50.65 per barrel, while prices for Brent crude, the international benchmark, are down by 2.5% at $51.38 per barrel as of 10:56...

The British supermarket price war just pushed shop prices off a cliff

Business & Finance : Business Insider: Clusterstock

British supermarkets are fighting for market share, by slashing prices, amid the growing popularity of discount food outlets, like Aldi and Lidl. This has led to the so-called supermarket price war, which has now resulted in British...


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