Food and Staples Retailing Food Retail

  • CAPE TOWN, Sept 28- It would be a "natural development" for international retail group Steinhoff to take over Shoprite, Africa's biggest supermarket chain, South African retail tycoon Christo Wiese told Reuters. "People will speculate about that," he told Reuters in a rare interview on Tuesday at his modest offices overlooking factories in the dusty northern Cape...

  • The Australian man decides to auction off the intellectual property rights to his hamburger and hot dog combination food.

  • LONDON, Sept 28- Sterling's fall since Britain's vote to leave the European Union will not necessarily lead to higher grocery prices, as it could be offset by lower commodities prices and stiff competition, the country's No.2 supermarket group Sainsbury's said on Wednesday. Britain's grocery sector has seen more than two years of falling prices as German...

  • LONDON, Sept 28- Sainsbury's, Britain's second biggest supermarket, on Wednesday reported another drop in quarterly underlying sales and cautioned that it did not expect a change to competitive market conditions any time soon. The firm, which earlier this month completed its 1.4 billion pounds takeover of Argos-owner Home Retail, said sales at stores open...

  • LONDON, Sept 28- Sainsbury's, Britain's second biggest supermarket, on Wednesday reported another drop in quarterly underlying sales and cautioned that it did not expect a change to competitive market conditions any time soon. The firm, which earlier this month completed its 1.4 billion pounds takeover of Argos-owner Home Retail, said sales at stores open...

  • Demand for clean, healthy grub has spurred the use of "pure commodities" - ingredients you can actually recognize - by food manufacturers.

  • Fast food chains test upscale menu items

    The moves target millennial customers seeking more adventurous foods at a low price.

  • Investment returns on food retailers are very poor: Pro

    Charles Newsome, divisional director at Investec Wealth, shares his outlook for food retailers and warns investors to stay away from them.

  • Stocks to Watch: September 19, 2016

    McDonald's, Viacom and PayPal are making headlines this Monday morning before the opening bell.

  • goPuff founders Rafael Ilishayev and Yakir Gola

    Have a 2 a.m. hankering for ice cream? If you live in one of the cities served by fast-growing delivery start-up goPuff, you may be in luck.

  • The YouGov BrandIndex says the promotion has caused brand perception to dip in the past.

  • MILAN/ LONDON, Sept 15 (Reuters)- European shares rose on Thursday at the end of a choppy session that saw a key index hit a six-week low, with UK supermarket Morrisons leading gainers following a strong earnings update. The index slipped as much as 0.1 percent earlier in the session to its lowest point since Aug. 4, but later recovered as Wall Street rose on the back of...

  • Future of fast food?

    CNCB's Susan Li reports on the new automation trial efforts in place at some New Jersey McDonald's restaurants.

  • Stocks to Watch: September 15, 2016

    Apple, Sony and McDonald's are making headlines this Thursday morning before the opening bell.

  • Good news all round for Morrisons: Analyst

    Bryan Roberts, global insights director at TCC Global, explains why British food retailer Morrisons has recorded its first rise in first-half profits in four years.

  • LONDON, Sept 15- European shares edged higher on Thursday, looking to break off from a week-long losing run, as gains at supermarket operator Morrisons and Zodiac Aerospace lent some support to stock markets. The pan-European STOXX 600 index, which had fallen for the last five days in a row, was up by 0.2 percent, although it remained near one-month lows.

  • LONDON, Sept 15- Morrisons, Britain's No. 4 supermarket, reported a rise in first-half profit for the first time in four years and a third straight quarter of underlying sales growth, indicating its recovery is gaining momentum. The Bradford, northern England, based group, which trails market leader Tesco, Sainsbury's and Wal-Mart's Asda in annual sales, said on...

  • The 19-year-old woman racked up $40-thousand in medical bills after getting sick at one of the company's locations.

  • Ocado would benefit from new competitor Amazon Fresh taking on some of its rivals, an analyst told CNBC.

  • LONDON, Sept 13- A prolonged fall in grocery prices is pressuring profit margins at British online supermarket Ocado and cut-throat competition shows no sign of letting up, it said on Tuesday, triggering a slide in its shares. Ocado stock, which has had a rollercoaster ride since its market debut in 2010, had risen 11 percent over the last month after the firm...