Our global analysts share some of the latest headlines across the globe. Here's what you need to know. From Europe In Austria, Costa has launched its first store and can be found in Austria’s airport. The launch means Costa is now present in 41 countries Billa opens in Austria airport, the main purpose is to offer great local products for tourist and for returning residents easy to sh...

Japanese retail giant Aeon will launch a new online grocery delivery service, Green Beans, in the summer of 2023. The service offers an improved online shopping experience, aided by AI and robotics capabilities from technology partner Ocado. Wide range of online products The Green Beans delivery service will offer a broad range of 50,000 products, including fresh food products and daily nec...

Ocado have reported retail sales of £583.7m for the 13-week period to 26 February 2023, up 3.4% compared to Q1 last year. Ocado noted in their recent annual results that shoppers had reduced their basket sizes over the course of 2022 and this trend continued into Q1. The size of the average shopping basket dropped by 7.5% (to 45 items) but this loss in revenue was offset by inflation and the r...