Nov 25- Bankrupt grocery chain Haggen said on Wednesday it had received court approval to sell 47 stores on the West Coast, most of which will go back to grocer powerhouse Albertsons, as part of a plan to emerge from Chapter 11.. Bellingham, Washington- based Haggen ran into debt trouble this year after a costly and ambitious expansion drive that included the...» Read More
A private-equity firm and Canada Pension Plan Investment Board are nearing a deal to acquire Petco, valuing it at around $4.7 billion.
The latest bubble may have arrived - in the form of a celebrity-endorsed sweet potato pie.
Nov 20- Grocery distributor Supervalu Inc is preparing to explore an outright sale as an alternative to a spin-off of its discount grocery retail chain Save-A-Lot, according to people familiar with the matter. Eden Prairie, Minnesota based Supervalu has received interest in Save-A-Lot from several private equity firms, and has told them that it will consider...
LAKEWOOD, Colo. _ Natural Grocers by Vitamin Cottage Inc. on Thursday reported fiscal fourth-quarter earnings of $2.9 million. The average estimate of five analysts surveyed by Zacks Investment Research was also for earnings of 13 cents per share. Four analysts surveyed by Zacks expected $160.7 million.
Former President Chiang Ching-kuo's home has been transformed into a McDonald's.
LONDON, Nov 17- Sales at food retailer Asda fell for a fifth straight quarter, the company said on Tuesday, confirming it as the worst performer of Britain's big four grocers, which are being hurt by a price war triggered by the rise of discounters. Asda, owned by Wal-Mart, said sales at stores open over a year fell 4.5 percent in the 13 weeks to Sept. 30, its fiscal third...
*Aldi and Lidl's UK market share passes 10 percent. LONDON, Nov 17- Industry sales figures underlined Asda's position as the weakest performer among Britain's largest supermarket groups on Tuesday, showing it remained under severe pressure from the growth of discounters Aldi and Lidl. All of Britain's big four supermarkets-- market leader Tesco, Asda, the...
LONDON, Nov 17- Asda's position as the worst performer among Britain's "big four" supermarkets in terms of sales was underlined on Tuesday as industry data showed it remained under pressure from the growth of discounters Aldi and Lidl and food price deflation. All of Britain's big four supermarkets- market leader Tesco, Asda, the British arm of Wal-Mart,...
India's food authority has appealed to the country's top court against a regional court order overturning a ban on Maggi sold by Nestle India.
Japan's economy has slipped into recession, but demand for cup noodles and pricy chocolates suggests some hope for 'Abenomics'.
The Mexican fast food chain plans to serve only cage-free eggs at all of its locations by the end of 2016.
South Koreans, who traditionally eat their meals with local side dish kimchi, are gaining a growing taste for another imported fermented food: cheese.
For Starbucks, the annual reveal of their "red cup" is meant to signify that the holiday season is approaching. Instead, it's brewing controversy.
Chipotle hit its lowest consumer perception level since 2007, according to YouGov BrandIndex.
Kentucky Fried Chicken is partnering with DoorDash to deliver food to doorsteps.
The West Coast burger chain is suing DoorDash for delivering its food to customers.
The pizza chain introduces its triple layer pizza offering for $19.99, featuring a holiday-theme.
Supermarket operator Kroger said it would buy smaller chain Roundy's for $800 million including debt to expand in Wisconsin and the Chicago area.
The seafood restaurant chain is testing a no-tipping service policy in more than a dozen stores.
LONDON, Nov 11- British grocer Sainsbury's plans to cut more prices to close the gap on fast-growing discounters Aldi and Lidl, signalling no let up in a battle that has ravaged industry profits. Britain's third-biggest supermarket group has already invested about 150 million pounds in lower prices in the last year, funded by cutting costs and dividends.