Bloomberg Tesco Plc said shoppers are buying fewer items and trading down to cheaper own-brand versions of staples in an “incredibly challenging” market hit by the worst inflation in 40 years. Britain’s biggest supermarket chain reported a greater-than-expected 1.5% decline in comparable UK sales in the first quarter, in fresh evidence of how rising prices are changing shopping behaviour. “Inflation ...

  Bloomberg Kroger Co said grocery shoppers are “aggressively” turning to cheaper store brands as they wrestle with the highest inflation in four decades. Same-store sales for Kroger-branded products rose 6.3% in the first quarter, faster than the overall sales growth, the company said Thursday on its earnings call. Customers who are facing higher prices everywhere from the gas pump ...

  Bloomberg Amsterdam’s Schiphol airport will limit capacity this summer as long lines caused by a shortage of security staff are expected to persist through the busy holiday months. Hub operator Royal Schiphol Group NV said the maximum number of passengers it’s able to handle will vary, reaching 67,500 on the busiest days in July and 72,500 in August, with ...