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  • 36¢ food store shuts as stock runs out Thursday, 4 Feb 2016 | 6:40 AM ET
    Shoppers queue to pay for their goods at the 'easyFoodstore' in north-west London on February 2, 2016.

    An ultra-discount food store opened by the owner of budget airline easyJet earlier this week was forced to close after shelves were emptied.

  • EasyJet owner launches ultra-low budget grocery in UK Wednesday, 3 Feb 2016 | 5:51 AM ET

    LONDON— The founder of budget airline EasyJet has stepped into Britain's grocery aisle. Stelios Haji-Ioannou has opened a discount grocery in northwest London, called EasyFood, offering canned sardines, soups and pasta for a mere 25 pence— for a limited time only. Haji-Ioannou says he drew on his experience in distributing food for free in Greece and Cyprus.

  • *Expects multiple deals in multiple territories. LONDON, Feb 2- British online grocer Ocado is confident it will sign multiple overseas technology deals despite missing out on its target of securing a first one in 2015, the firm said on Tuesday. "We are in talks with... a lot of retailers both in North America and in western Europe but also globally across Asia,...

  • Sainsbury's agrees $1.87B deal for Home Retail Tuesday, 2 Feb 2016 | 9:06 AM ET
    Customers push shopping carts as they look for goods inside a Sainsbury's supermarket store.

    Sainsbury's said on Tuesday it had agreed a £1.3 billion deal to buy Argos-owner Home Retail.

  • Ocado says expects multiple deals in medium term Tuesday, 2 Feb 2016 | 2:19 AM ET

    LONDON, Feb 2- British online grocer Ocado on Tuesday met forecasts with a 13.8 percent rise in full-year core earnings and said it expected to sign multiple overseas deals in the medium term. Analysts see securing international deals in north America and western Europe as the key driver of Ocado's stock market valuation and the company said back in February...

  • SHANGHAI, Jan 29- Alibaba Health Information Technology Ltd's role in a regulatory platform tracking drug sales was brought into the spotlight after a pharmacy chain said it had filed a lawsuit alleging the arrangement gave Ali Health an unfair advantage. Hunan- based Yontinhe Group posted a notice on its website on Tuesday which said it was suing the China...

  • Natural Grocers misses Street 1Q forecasts Thursday, 28 Jan 2016 | 5:21 PM ET

    LAKEWOOD, Colo. _ Natural Grocers by Vitamin Cottage Inc. on Thursday reported fiscal first-quarter earnings of $3.7 million. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 18 cents per share. Four analysts surveyed by Zacks expected $171.7 million.

  • Walgreens has told blood-testing startup Theranos to stop sending samples collected at the drugstore chain's stores to a testing facility that drew regulatory scrutiny over possible patient risks. The decision only affects 40 stores in Arizona and a Palo Alto, California, store, where Walgreens has suspended Theranos laboratory services.

  • Jan 28- Walgreens Boots Alliance Inc, the largest U.S. drugstore chain, said it would immediately suspending Theranos's laboratory services at a store in California. The news comes a day after the U.S. government's Centers for Medicare& Medicaid Services said that Theranos' deficient practices at the Newark lab posed "immediate jeopardy to patient health and...

  • Jan 28- Walgreens Boots Alliance Inc, the largest U.S. drugstore chain, said it would immediately suspending Theranos's laboratory services at a store in California. Walgreens said it has told Theranos, a blood-testing startup, to immediately stop sending any lab tests provided through Theranos Wellness Centers at Walgreens to its lab in Newark, California...

  • Indonesia risks big rice shortage by cooking books Tuesday, 26 Jan 2016 | 8:21 PM ET
    Two farmers cut stalks of rice using a special knife called 'anggapan' during harvest season in Tabanan, Bali, Indonesia.

    Indonesian officials routinely inflate rice harvest data, but their latest phony numbers could lead to a severe shortage, officials say.

  • LONDON, Jan 26- Britain's biggest supermarket group Tesco propped up its finances by short-changing suppliers when it began lagging rivals, the country's grocery watchdog ruled on Tuesday. Tesco Chief Executive Dave Lewis, who succeeded Phil Clarke as CEO weeks before the accounting scandal broke, said it had completely changed the way it dealt with...

  • LONDON, Jan 26- Tesco, Britain's biggest supermarket group, "seriously breached" a legally binding code to protect suppliers in order to prop up its own finances as it battled an industry slowdown, the country's grocery watchdog ruled on Tuesday. The Groceries Code Adjudicator, Christine Tacon, launched an investigation into Tesco last February in the wake of the...

  • BRIEF-TESCO ACCEPTS GROCERY REPORT, SAYS HAS MADE MATERIAL. *Says accepts findings of GCA report, commits to continue to build trusted partnerships with suppliersr. *Says have made material changes to our business that addressed the majority of the historic practices.

  • Canadian grocers, retailers warn of more price hikes Friday, 22 Jan 2016 | 11:12 AM ET

    TORONTO, Jan 22- The Canadian dollar's plunge to a nearly 13- year low this week has grocers, fishmongers and other import-reliant retailers warning that shoppers can expect further price increases in the coming months. Shoppers were shocked to see C $5 bunches of celery and C $10 cauliflowers. "Prices are going through the roof," said Anthony Pronesti, owner of...

  • SAO PAULO, Jan 20- Brazil's largest diversified retailer GPA SA tapped a senior executive in Argentina and the former head of Wal Mart Stores Inc's Brazil business to run its struggling supermarket and convenience store unit, according to a securities filing on Wednesday. Luis Moreno, a Spanish-born executive who ran Libertad, the Argentine subsidiary of...

  • SAO PAULO, Jan 20- GPA SA, Brazil's biggest retailer, on Wednesday named Luis Moreno as chief executive of its supermarket and convenience store division and Marcos Samaha as head of operations for the unit, according to a securities filing. Moreno, a Spanish-born executive, had been chief executive since July 2014 of Libertad, an Argentine subsidiary of French...

  • UK supermarket Asda preparing job cuts Monday, 18 Jan 2016 | 7:17 AM ET

    LONDON, Jan 18- Asda, the British supermarket arm of U.S. retailer Wal-Mart, is preparing to announce job cuts as it grapples with changing shopping habits and a brutal industry price war. Sky News reported on Monday that Asda would cut "hundreds of jobs", largely focused at its head office in Leeds, northern England. Industry data published last week showed Asda was...

  • Australia's Woolworths to exit ailing hardware unit Sunday, 17 Jan 2016 | 6:42 PM ET

    SYDNEY, Jan 18- Australia's No. 1 grocery chain Woolworths Ltd said on Monday it planned to sell or wind-up its stake in the hardware unit' Masters' due to ongoing losses, ending months of speculation about the potential sale. Masters is a joint venture with U.S.-based Lowe's Companies Inc, and Woolworth's budget general merchandise chain, Big W.

  • *Beats forecasts with strong Christmas trading. LONDON, Jan 14- Tesco comfortably surpassed forecasts for Christmas trade, buoyed by lower prices and more staff, indicating Britain's biggest supermarket may finally be recovering from several years in turmoil. Chief Executive Dave Lewis is focusing on lower prices, better product availability and improved...