Amazon’s Whole Foods to cut hundreds of corporate roles

Amazon-owned Whole Foods says it is cutting several hundred jobs as part of a process to simplify the grocery chain's operations.

The company plans to make changes to some regional and global support teams over the next two months, according to a memo sent to employees by the Whole Foods executive team.

Jump in the Prices of Staple Foods in the UK by up to 80 percent

In the UK, the price of staples such as cheddar cheese, white bread and pork sausages has jumped by up to 80% in some shops over the past year, further evidence of how inflation hits the lowest incomes hardest.

Oatmeal topped the list for average price increases in the "Which?" consumer basket of staples, followed by skimmed milk and cheddar cheese.

Walmart lifts wages at US stores again

Walmart announced on Jan. 24 it will again raise pay for hourly staff, an indication of persistent tightness in the labor market for front-line employees despite layoffs in the tech sector.

The retail giant, the biggest private employer in the United States, is boosting the pay range at U.S. stores to between $14 and $19 an hour from the prior $12 to $18 an hour.

Turkey presses strained retailers for price freezes ahead of elections

Turkey's unusual request that its retailers partially freeze prices ahead of elections has prompted some supermarkets and industry groups to warn they could only do so for a short period.

Finance Minister Nureddin Nebati asked clothing and shoe stores to launch their discount season well ahead of usual March after grocers had done the same.

Knife attack in Italy kills 1, wounds soccer player, others

A man grabbed a knife from a supermarket shelf on Oct. 27 and stabbed five people, killing one and wounding four others, including Spanish soccer player Pablo Mari, Italian authorities said.

Police arrested a 46-year-old Italian man suspected in the attack at a shopping center in Assago, a suburb of Milan, carabinieri said.