*SuperValu 1st- qtr profit rises 42 pct. July 28- SuperValu Inc said it was exploring a spinoff of its discount grocery chain Save-A-Lot into a publicly traded company as the retailer looks to insulate the fast-growing unit from its slower-growing grocery wholesale and food retail businesses. SuperValu's Save-A-Lot business has been growing in the past seven...» Read More
Kawther Hashem, nutritionist and researcher for "Action on Sugar," explains why transparent labeling on sugary foods should be more widely used in U.K. supermarkets.
July 23- Loblaw Cos Ltd, Canada's largest food retailer, said it would close 52 unprofitable stores following a review of its 2,300 grocery and other locations launched last year. Loblaw's shares rose as much as 4 percent to C $70.42 on the Toronto Stock Exchange on Thursday after the company also reported a slightly better-than-expected profit on cost savings...
Of course, cook books are on the menu, but culinary-school chief Dorothy Cann Hamilton also recommends travel tales and a Broadway memoir.
Winning $15 an hour is a big deal: It means no food stamps and being able to support four kids and a wife with cancer, says KFC worker Alvin Major.
SANTIAGO, July 23- Chile's salmon farmers are using record levels of antibiotics to treat a virulent and pervasive bacteria, driving away some U.S. retailers including Costco Wholesale Corp, which is turning to antibiotic-free Norwegian salmon. Still, amid growing concerns in the U.S. food industry that heavy use of antibiotics in animals can spawn...
July 23- Loblaw Companies Ltd, Canada's largest grocer, said it would close 52 unprofitable stores over the next year. The closures would reduce sales by about C $300 million, but will add about C $35 million- C $40 million to its operating income annually. Loblaw posted a profit of C $186 million, or 44 Canadian cents per share, compared with a loss of C $456 million, or C...
CARACAS, Venezuela— A food industry group said Monday that Venezuela's government has ordered companies to distribute food staples to a network of state-run supermarkets amid chronic shortages of basic goods. Chamber President Pablo Baraybar warned that the order could cause major supply problems. The administration of President Nicolas Maduro...
July 20- Storied supermarket chain Great Atlantic& Pacific Tea Co Inc, better known as A&P, filed for Chapter 11 bankruptcy protection for the second time in five years and said it was in discussions with buyers for some of its stores. The company said was in talks with Acme Markets Inc, owner of Safeway and Albertsons grocery stores, Stop& Shop Supermarket Co LLC and...
A&P files for Chapter 11 bankruptcy protection.
Great Atlantic & Pacific Tea, the supermarket company known as A&P, and certain affiliates filed for Chapter 11 bankruptcy protection late on Sunday.
A&P, which was founded in 1859 by George Huntington Hartford and George Gilman, began operations as the Great American Tea Co. Its first store, on Vesey Street in Manhattan, sold coffee, tea and spices at low prices, according to its website. The grocer has received debtor-in-possession financing of $100 million from Fortress Credit Corp, court documents show.
July 20- Grocer A&P, formally known as the Great Atlantic& Pacific Tea Co, and certain affiliates filed for Chapter 11 bankruptcy protection late on Sunday. The company, which owns brands such as A&P, Best Cellars, Pathmark, and Superfresh, listed assets and liabilities of more than $1 billion in its bankruptcy filing. The case is in U.S. Bankruptcy Court, Southern...
Noam Gottesman, Nomad Foods co-chairman, discusses his multibillion-dollar bet on frozen foods and ready-meals. Frozen food is much less wasteful than fresh food, says Gottesman.
Brad Pitt and Bill Maher say Costco contributes to animal cruelty by selling eggs from caged hens.
A new survey finds McDonald's franchisees are more downbeat than ever before on the struggling chain's prospects.
With China's local brands fast grabbing market share for items from toothpaste to fruit juice, multinational consumer companies are finding it harder to compete. The Financial Times reports.
Lindsey Bell, Senior Analyst at S&P Capital IQ, explains why she's expecting a monthly increase of 0.3 percent.
China will launch a campaign to track down the origins of smuggled frozen meat as the country intensifies its campaign against the illegal trade.
KFC's Chizza, that's pizza with a fried chicken crust, shows just how far it will go to incorporate chicken into everything we eat.
Having it all: business built on passion, time for family, and control. Dylan Lauren and Stacey Bendet spill the jellybeans.