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Food and Staples Retailing Food Retail

  • Bottles of Beam Inc.'s Jim Beam bourbon whiskey, center, are displayed for sale at a liquor store.

    Amazon has applied for a liquor license for its secretive drive-through grocery store in Seattle.

  • Singapore, China, Japan and Thailand each boasted nine restaurants on the annual list.

  • Tyson Foods signage is displayed on the floor of the New York Stock Exchange on Monday, Nov. 21, 2016.

    In his first televised interview as CEO of Tyson Foods, Tom Hayes told "Squawk on the Street" that the price-fixing lawsuits were unfounded.

  • Owner of Burger King agrees to buy Popeyes Louisiana Kitchen

    Restaurant Brands International says it will acquire Popeyes in a deal valued at $1.8 billion.

  • A pedestrian passes in front of the new Amazon Go grocery store in Seattle.

    Recode reports the tech company's physical store will let people purchase products without whipping out their wallets or waiting in line.

  • LONDON, Feb 21- Asda, the British supermarket arm of Wal-Mart, said it had stemmed the pace of sales decline over the last three months, suggesting new CEO Sean Clarke's focus on pricing and product quality is starting to have an impact. Of Britain's big four grocers, which also include market leader Tesco, Sainsbury's and Morrisons, Asda has been most exposed to the...

  • ROME— From specialty shops in Rome to supermarkets around the world, lovers of Italian olive oil are in for some sticker shock this year, with prices due to jump by as much as 20 percent. The combination of bad weather and pests hit the harvest in Southern Europe, most of all in Italy, where production is halved from last fall. That's pushing up Italian wholesale prices...

  • LONDON, Feb 21- Asda, the British supermarket arm of the world's largest retailer Wal-Mart, reported on Tuesday a tenth straight quarter of falling underlying sales, although the rate of decline did ease significantly. The UK's third largest grocer, which brought in a new chief executive last July in an attempt to revive its fortunes, said sales at stores open over...

  • LONDON, Feb 21- Asda, the British supermarket arm of Wal-Mart, the world's largest retailer, reported on Tuesday a tenth straight quarter of falling underlying sales, though the rate of decline did ease significantly. The UK's third largest grocer, which brought in a new chief executive last July in an attempt to revive its fortunes, said sales at stores open over a...

  • Kraft and Heinz products

    Kraft Heinz has decided to withdraw its $143 billion offer to buy Unilever, which had spurned the offer as too low, The AP reports.

  • Warren Buffett

    Kraft Heinz's proposed Unilever merger marks another consolidation effort in the food industry by 3G Capital and Warren Buffett's Berkshire Hathaway.

  • MOSCOW, Feb 16- Russian food retailer Lenta will focus on opening more supermarkets this year and fewer hypermarkets as it expects consumer demand to remain weak. It said it plans to open about 50 supermarkets, up from 17 last year, expanding into new regions starting with Novosibirsk in Siberia. "We see an opportunity for supermarkets to gain a substantially...

  • TGI Fridays keeps endless appetizer offer on menu

    The casual restaurant chain says the promotion will now become a permanent staple on its menu.

  • BERLIN, Feb 15- German discount supermarket group Lidl will open its first stores in the United States ahead of schedule this summer, it said on Wednesday, with plans for up to 100 stores within a year in a move that could shake up U.S. retailers. The group plans to open its first 20 stores in Virginia, North Carolina and South Carolina, it said in a statement.

  • NEW YORK— Lidl, the German no-frills supermarket chain, is opening its first wave of stores in the U.S. this summer ahead of schedule, with plans to open up to 100 locations across the East Coast within a year. Lidl's first 20 U.S. stores will be opening in North Carolina, South Carolina and Virginia, where the company established its first U.S. headquarters in 2015.

  • MEDINA, Ohio— A 23- year-old University of Akron accounting student has been named the nation's top grocery bagger after claiming the Ohio title two years in a row. The Medina Gazette reports Brady Long returns to Wadsworth with a $10,000 prize after winning the National Grocers Association's Best Bagger championship. Long packs up groceries at Buehler's...

  • MALMO, Sweden— Something high-tech is happening in the produce aisle at some Swedish supermarkets, where laser marks have replaced labels on the organic avocados and sweet potatoes. If its test is successful, ICA, which has 1,350 stores across Sweden, hopes to cut down on the stickers and packaging it now uses to identify its organic produce.

  • Wesfarmers CEO Richard Goyder discusses his company's latest earnings results and the Australian retail environment.

  • AUSITN, Texas— Texas- based My Fit Foods has closed all of its stores. My Fit Foods last fall reported having more than 50 locations in five states, plus grocery retailers and corporate and college campuses. Austin- based My Fit Foods didn't immediately provide additional information on the locations, offering what the company called nutritionally balanced,...

  • Customers shop at the Jacques Torres Chocolate Heaven store in New York.

    The retail slump is taking a toll on the candy industry, but chocolate purveyor Jacques Torres explains to CNBC what helps keep him on top.