In the first half of the year, Inditex reported a 3.8 per cent drop in sales in the Americas, including the US, its second largest source of revenue, due to 'complex' markets. In addition to duties, the strong dollar also weighed.
Inditex said on Wednesday that sales grew 1.7 per cent year-on-year... Analysts had accepted that Inditex's era of stellar performance was over, but had predicted faster growth of 3.4%.
Source
Applications for US unemployment benefits jumped last week to the highest level in almost four years, indicating employers are firing more workers. Initial claims rose by 27,000 to 263,000 in the week ended Sept. 6, the highest since October 2021, according to data from the US Department of Labor. That's significantly higher than the median forecast in a Bloomberg survey of economists, which predicted 235,000 applications.
Thursday's figures are just the latest in a quickening drumbeat of worsening news for President Donald Trump on the economic front, from jobs to manufacturing and inflation. Last week, a monthly report on employment showed the whole of the US added just 22,000 jobs in August, building on the previous month's sobering jobs data, which spurred Trump to fire the head of the Bureau of Labor Statistics and install a loyalist. More recent BLS revisions also cut job growth numbers by half during most of the last year of the Biden Administration. -NatashaSolo-Lyons
Bloomberg
let's talk about Coltivaritalia - €1 billion for Italian agriculture - and the Mattei Plan, €5.5 billion, Italian money, mentioned in several articles where Ettore Prandini, president of Coldiretti, talks about Mercosur : we agree with him on the safeguard clauses and the reciprocity of the rules, but we need, in the above-mentioned cases (Coltivaritalia and Mattei Plan), clarity and transparency on how our money will be spent, in Italy and in Africa.
Walmart recently held the grand opening of its new 725,000 square foot perishable distribution centre in Lyman, South Carolina, the third of five new high-tech facilities designed to receive and process fresh produce, eggs, dairy, meat and frozen products for delivery.
The new distribution centre, which uses advanced automation to process more than twice the volume of a traditional distribution centre, will serve 180 Walmart shops in the area and house over 600 Walmart employees...
"From 2019 to 2023, their [the discounters'] turnover grew at an average annual rate of 9.3 per cent, compared to 5.7 per cent for the other operators"(we reported this here). Then there was aturnaround: the growth in volume of the hyper and super channel exceeded (2.5%) that of the discounters (1.3%) . E-commerce was very good at 8.4% (see first table below).
Circana data show how, after 9.1% in 2023, value sales grew more slowly in 2024 ( 2.4%) to consolidate in 2025 with a further 3.7%.
The significant novelty is that, unlike the previous two-year period, growth is no longer just an effect of prices, but is accompanied by a recovery in real demand: volumes, in fact, declining by 0.5% in 2023, turn positive in 2024 ( 1.8%) and accelerate in 2025 ( 2.3%). Supporting this rebalancing is also the dynamics of prices, which after a 9.5% surge in 2023, stop at 0.6% in 2024 and travel at 1.4% in 2025, returning to physiological levels.
Below: one of the factors in the recovery of the Iper Super channel (in which there are also superstores) was probably the strength of the private label, which expressed convenience, and which is beating the leading brands (such as Barilla or Coca-Cola, to give examples, see the second table). A comparison between the different channels - hyper/super/superstore 'versus' discounters - on prices is unfortunately not possible to date.
p.s.: looking at the ISTAT data, the drop in volumes highlighted a few days ago, seems to affect only small retailers, not the GD (page 3).
Note that ISTAT has only been using barcodes since 2020 and that not all retailers use them.
Compiled 7 September, updated 8 September 2025
As Food Fact rightly says , 'The most popular shopping in supermarkets and hypermarkets is mixed:
In this category we have Famila and Famila Superstore (Selex) as the first insignia, followed by Coop, Conad, Panorama. Interspar, Esselunga Superstore Carrefour Market close the ranking.
P.S.: I wonder how the signs in the category mentioned below that of Iper and Super - I am referring to 'mixed shopping' (discount) - can be compared since I understand that some signs do not have branded products but only private label products.
Inflation is also a factor. Drafted 1 September, updated 3 September 2025
Yesterday - 2 September - ConstellationBrands🍺🥃 closed at -6.6% indicated that in 2026 it will have revenues from beer sales down 2-4%
1) the stock has lost 40% from its highs over the past 12 months
2) Constellation is one of the world's giants in beer, wine and spirits sales (source: Inglobando)
