Our global analysts share some of the latest headlines across the globe. Here's what you need to know. Europe: Lidl has been named the cheapest UK supermarket in the Grocer’s latest ‘Super Grocer 33‘ price comparison Superdrug has cut the price of its PL sun care by 20%. There is a campaign to get sun care reclassified from a beauty product to make it VAT exempt Aldi UK has partner...

For a second successive quarter, Costco’s performance was impacted by softer sales in big ticket non-food discretionary items. This was partly due to cautious shopping in the ongoing inflationary environment, but also due to tough comparatives where these products performed better than usual in the last two years. Here we look at those results in more detail and highlight five key takeouts. Co...

B&M have announced its preliminary results for the 52 weeks to March 25. Overall revenues were up 6.6% year-on-year to £4.9 bn. The group noted this was 30.7% ahead of pre-pandemic levels on a constant currency basis. The B&M UK fascia's revenue rose 4% year-on-year. EBITDA was down 7.4% to £573m (against last year), but was in line with expectations. In its preliminary report the group stated...