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  • An Amazon Fresh truck

    Amazon launched a British version of its AmazonFresh food delivery service in a long-anticipated move by the world's largest online retailer to break into the UK grocery market.

  • LONDON, June 9- Amazon launched a British version of its AmazonFresh food delivery service on Thursday in a long-anticipated move by the world's largest online retailer to break into the UK grocery market. Britain has one of the world's most developed online markets, with the big four supermarkets Tesco, Sainsbury's, Wal-Mart's Asda and Morrisons competing...

  • *Prepared for another round of UK price war. LONDON, June 8- Sainsbury's said on Wednesday it was prepared for an escalation of price wars in Britain's highly competitive supermarket sector after reporting a decline in underlying quarterly sales. With profits squeezed by the growth of German discounters Aldi and Lidl, Britain's "big four" supermarkets have been...

  • HONG KONG, June 8- China's Ministry of Commerce has removed restrictions on Wal-Mart Stores Inc's deal in 2012 to raise its stake in online supermarket Yihaodian, and said the move would not impact the already competitive market. Entry barriers for China's value-added telecommunication services have eased since 2014, facilitating the entry of new...

  • What's the outlook for UK supermarkets?

    David Moss, head of European equities at BMO Global Asset Management, shares his view on the shares of Morrisons, Tesco and Sainsbury's.

  • LONDON, June 8- Sainsbury's, Britain's second biggest supermarket, on Wednesday reported a drop in quarterly underlying sales and cautioned that it did not expect market conditions to improve any time soon. Food price deflation continues to impact our sales and pressures on pricing mean the market will remain competitive for the foreseeable future, "said...

  • LONDON, June 8- Sainsbury's, Britain's second biggest supermarket, on Wednesday reported a drop in quarterly underlying sales and cautioned that market conditions remained challenging. The firm, which in April agreed a 1.4 billion pounds takeover of Argos-owner Home Retail, said sales at stores open over a year fell 0.8 percent, excluding fuel, in the 12 weeks to...

  • Dunkin Perks

    Dunkin' Brands CEO Nigel Travis says Dunkin' Donuts has secret weapon in a crowded fast-food breakfast field: technology.

  • The world's largest retailer said it would begin test deliveries within the next two weeks in Denver and Phoenix. Wal-Mart's warehouse unit Sams Club began a pilot in March with startup Deliv to dispatch groceries to business customers in Miami. The largest grocer in the United States is already expanding its online order options to offer grocery deliveries...

  • HELSINKI/ MOSCOW, May 30- Finland's second-biggest retailer Kesko has examined selling its grocery operations in Russia after just four years, but said on Monday this had not resulted in any negotiations. Other Finnish firms have cut their exposure to neighboring Russia, where business has been hit by the Ukraine crisis, international sanctions, a weak rouble...

  • LOS ANGELES, May 25 (Reuters)- Whole Foods Market Inc unveils its new 365 grocery chain on Wednesday with a bright and airy store that offers lower prices and more technology than the company's namesake shops. The chain, which debuts in Los Angeles' Silver Lake neighborhood, is critical to Whole Foods. Low prices are the top demand even among shoppers prioritizing...

  • BERLIN, May 26- The Schwarz group that owns German discount supermarket chain Lidl plans to invest 6.5 billion euros in 2016, with part of that going to sprucing up its stores in its home market, a newspaper reported on Thursday. Lidl will invest more than 3 billion euros in the next five years just in its 3,200 stores in Germany, the chain's boss Sven Seidel told the...

  • BERLIN, May 26- The Schwarz group that owns German discount supermarket chain Lidl plans to invest 6.5 billion euros in 2016, with part of that going to sprucing up its stores in its home market, a newspaper reported on Thursday. Lidl will invest more than 3 billion euros in the next five years just in its 3,200 stores in Germany, the chain's boss Sven Seidel told the...

  • LOS ANGELES, May 25- Whole Foods Market Inc's 365 grocery chain offers lower prices and more technology than the company's namesake supermarkets, but experts say the fledgling brand must beat its many rivals without hijacking customers from its parent. 365, which debuted on Wednesday with a bright and airy store in Los Angeles' Silver Lake neighborhood, is...

  • Is Whole Foods a buy?

    The "FMHR" traders discuss Whole Foods Market and whether the supermarket chain's new lower-price 365 store will boost the stock.

  • NAIROBI, May 25- Kenya's Uchumi Supermarkets has attracted "many suitors" in its search for a major new investor and its board is evaluating bids from both local and foreign parties, its chief executive said on Wednesday. The company, which is the only publicly traded retailer in Kenya, is also selling assets to pay down debts and is seeking an emergency loan from the...

  • NEW YORK, May 25- When J.M. The company appeared to break that tradition on Tuesday when it cut prices for its flagship Folgers and Dunkin' Donuts coffees by 6 percent. "Coffee brands are seeking market share versus holding prices," said Ross Colbert, executive director, global strategist of Beverages for Rabobank International.

  • CHICAGO, May 18- Target Corp gave a cautious outlook on Wednesday after reporting a lower-than-expected increase in quarterly sales at established stores because of unseasonable weather and weaker demand for electronics and groceries. The stock was down 7.1 percent at $68.27 in the early afternoon. "We're approaching our business with appropriate caution...

  • May 17- Walgreens Boots Alliance Inc. is making the opioid antidote naloxone available without a prescription in all its pharmacies in New Mexico, part of a plan to make the drug readily available in 35 states by the end of this year. The drugstore chain has already made naloxone available without a prescription in Alabama, Indiana, Massachusetts, New Jersey, New...

  • May 17- Walgreens Boots Alliance Inc said on Tuesday it would no longer require a prescription for the opioid antidote naloxone at all of its pharmacies in New Mexico. Naloxone, administered by injection or nasal spray, can be used in the event of an overdose to reverse the effects of heroin and other opioid drugs. The drug store chain, which operates more than 70...