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Food and Staples Retailing Food Retail


  • Tesco has held on to market share: Sanford C. Bernstein analyst

    Bruno Monteyne, senior analyst of European Food Retail at Sanford C. Bernstein, says Tesco is on track for a ROI margin of 2 percent.

  • LONDON, Oct 7- Britain's biggest supermarket Tesco said its turnaround plan was starting to work, with more people shopping in its stores, but the heavy cost of rebuilding the business was evident in a collapse in a first-half profit. Heavy investment meant that operating profit before one-off items, its new headline performance measure, fell 55 percent to 354...

  • The main worry behind Yum's earnings Tuesday, 6 Oct 2015 | 10:32 PM ET
    The main worry behind Yum's earnings

    Christine Short, senior vice president at Estimize, explains why she's especially concerned about the firm's downgraded guidance.

  • Starbucks' hottest Indian rival in big IPO Tuesday, 6 Oct 2015 | 10:04 PM ET
    A Cafe Coffee Day store, operated by Amalgamated Bean Coffee Trading Co., in Jaipur, Rajasthan, India.

    The company behind Cafe Coffee Day, India's biggest coffee chain, will launch an IPO next week, aiming to raise up to $176M.

  • Yum Brands: 'It's more than a China story' Tuesday, 6 Oct 2015 | 9:34 PM ET
    Yum Brands: 'It's more than a China story'

    Yum Brand's strength lies in the global success of Taco Bell and KFC, says RJ Hottovy, global director of consumer equity research and senior restaurant, retail analyst at Morningstar.

  • Yum brands was a significant disappointment: Expert Tuesday, 6 Oct 2015 | 6:48 PM ET
    Yum brands was a significant disappointment: Expert

    Karen Short, managing director at Deutsche Bank Securities, says investors had expected stronger same-store sales in China.

  • McD's all-day breakfast sizzles on social media Tuesday, 6 Oct 2015 | 6:19 PM ET
    McDonald's Egg McMuffin and hash browns.

    Social media users were out in full force on Tuesday tweeting photos and commenting on McDonald's launch of all-day breakfast.

  • Wal-Mart expands protein bars to main grocery aisles Tuesday, 6 Oct 2015 | 1:33 PM ET

    Target Corp. announced last month that it was pushing granola bars and healthy grab-and-go snacks over candy at the checkout aisles in 30 of its stores. And CVS Health Corp. is also adding more fresh foods and healthier snacks at many of its locations while moving bagged candy out of prime store space in the first aisle. As part of this overall push, Wal-Mart...

  • 40% of couples who get married do this Tuesday, 6 Oct 2015 | 1:21 PM ET
    Wedding couple bride groom

    40% of couples who got married in 2014 spent $10,000 or less, according to a study that tracks wedding trends. USA Today reports.

  • What to expect from coming restaurant earnings Tuesday, 6 Oct 2015 | 12:31 PM ET
    A woman holding an umbrella walks past a KFC restaurant in Shenzhen, China.

    The major restaurant companies are expected to report generally higher third-quarter earnings, although there could be some disappointments.

  • BUCHAREST, Romania— Romanian senators have adopted draft legislation obliging supermarkets to sell more meat and produce from the country in a bid to support local farmers. According to the draft law passed Tuesday, 51 percent of meat, fruit and vegetables sold in supermarkets will have to be produced or grown in Romania. Violators could face fines of up to...

  • Fast food drive-thrus slowing down Monday, 5 Oct 2015 | 10:00 AM ET
    Fast food drive-thrus slowing down

    Fast food drive-thrus are getting slower, but they're also getting more accurate.

  • Albertsons said on Friday that it expected to price 65.3 million shares at between $23 and $26 each, valuing the company at up to $12.35 billion. Albertsons, the second-largest U.S. grocer after Kroger Co by number of stores, highlighted in a filing that it also faced a growing threat from online grocery stores. "It's only going to get worse for Albertsons," David...

  • Albertsons IPO will be priced at ... Friday, 2 Oct 2015 | 8:50 AM ET
    An Albertsons market in Buellton, California.

    Albertsons' expected IPO price would value the supermarket chain at up to $12.35 billion.

  • Cerberus Capital Management LP will move ahead with the IPO despite volatile stock markets, underscoring the private equity firm's confidence that it can fetch a high valuation for Albertsons, Reuters reported in September. Albertsons is selling 65.3 million shares in the IPO and expects to raise up to $1.7 billion, it said in a regulatory filing on Friday.

  • Oct 1- Albertsons Companies Inc, the second-largest U.S. grocery chain after Kroger Co, said it expected its initial public offering to price between $23 and $26 per share, valuing the company at up to $12.35 billion. The company is selling 65.3 million shares in the IPO and expects to raise up to $1.7 billion, it said in a regulatory filing on Friday.

  • Beefed-up Hanwoo prices force Koreans to buy Aussie Thursday, 1 Oct 2015 | 10:18 PM ET
    An employee arranges meat at an E-Mart Co. store, a subsidiary of Shinsegae Co., in Seoul, South Korea.

    South Korea's beef imports have soared as consumers balk at paying record levels for prized local Hanwoo meat.

  • Pumpkin spice craze goes gourmet with this burger Thursday, 1 Oct 2015 | 2:10 PM ET
    Pumpkin spice

    Joining the ranks of Starbucks, Nestle and Kellogg is Chomp's Eatery, a restaurant in LA that is unveiling a pumpkin-inspired burger this fall season.

  • Sainsbury's raises full year forecast on strong Q2 results?

    Bruno Monteyne, senior European food retail analyst at Bernstein, says the food retail sector has changed significantly and talks about the Q2 results reported by the British supermarket chain.

  • *Shares jump up to 14.7 percent. LONDON, Sept 30- British supermarket Sainsbury's raised its profit forecast and posted better-than-expected quarterly sales on Wednesday, sending its shares soaring on hopes the worst may be over for the battered sector. The supermarket said that meant it was on course to beat the average analyst forecast of 548 million pounds...