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Food and Staples Retailing Food Retail

  • 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...

  • Ocado still structural winner in online grocery: Analyst

    Stewart McGuire, director in equities research at Credit Suisse, remains positive about Ocado despite its sustained margin pressure.

  • LONDON, Sept 13- British online grocer Ocado. The stock fell as much as 10.8 percent after Chief Financial Officer Duncan Tatton-Brown also told reporters he would not be surprised if analysts trimmed their consensus earnings forecasts for 2016.. "As the market remains very competitive, we are seeing sustained and continuing margin pressure and there is...

  • LONDON, Sept 13- British online grocer Ocado reported a 13.6 percent rise in quarterly retail sales but said the intensely competitive market was causing margin pressure and cautioned it would not go away any time soon. "As the market remains very competitive, we are seeing sustained and continuing margin pressure and there is nothing to suggest that this will...

  • ROME/ MILAN, Sept 12- The 90- year old founder of Italian supermarket chain Esselunga is considering a sale of the group and has picked Citigroup as adviser to assess expressions of interest from private equity funds, two sources close to the matter said on Monday. One of the sources said that CVC Capital Partners and Blackstone had expressed interest in Italy's...

  • *Profits set to grow this year after four years of falls. LONDON, Sept 12- While investors have had their sights trained on the biggest names slugging it out in Britain's supermarket price war, one former struggler, Morrisons, may be embarking on a quiet revolution. Eighteen months after Chief Executive David Potts took over, the retailer is on course to return to...

  • Burger King unveils Cheetos Chicken Fries

    The fast food chain's limited-time menu item will combine its chicken fries with a dusting of Cheetos.

  • Panera CEO challenges big food on kids meals

    Ron Shaich, Panera Bread CEO, Founder & Chairman, speaks about their call for healthier food in kids meals from the restaurant industry.

  • Kellogs brand cereal

    Sales are down, but cereal is still a staple in American homes. Now, one major brand is trying to give the breakfast food a decidedly hip spin.

  • Chipotle testing burrito delivery using drones

    The Mexican-food chain is working with Alphabet's Project Wing to send food to college students.

  • Sept 9- Kroger Co, the biggest U.S. supermarket company, reported an 11.5 percent fall in quarterly profit, largely hurt by charges related to restructuring of some pension obligations. Net earnings attributable to Kroger fell to $383 million, or 40 cents per share, in the second quarter ended Aug. 13 from $433 million, or 44 cents, a year earlier.

  • Stocks to Watch: September 9, 2016

    Restoration Hardware, JPMorgan Chase and Chipotle are making headlines this Friday morning before the opening bell.

  • Wal-Mart customer peruses the soda aisle

    Cartons of Coke Zero were used to form a copy of the Twin Towers in a Florida store.

  • Sept 7- Shares of Sprouts Farmers Market Inc plunged as much as 16.7 percent after the natural and organic foods retailer warned on quarterly sales, sending other U.S. grocers' stocks tumbling. The company also said on Wednesday it expects full-year earnings per share of 83- 86 cents, well below previous analyst estimates of 94 cents, according to Thomson Reuters...

  • The coffee chain will roll out the cream cheese-stuffed bagel balls at its stores nationwide.

  • Stocks to Watch: September 1, 2016

    Campbell Soup, Apple and Salesforce are making headlines this Thursday morning before the opening bell.

  • LOS ANGELES, Aug 31- McDonald's Corp on Wednesday said Michael Andres will retire as president of McDonald's USA at the end of the year as the fast-food chain works to boost domestic sales, which have been under pressure from low prices at grocery stores. He will be replaced by Christopher Kempczinski, 47, who came to McDonald's last year from Kraft Foods Group,...

  • Stocks to Watch: August 30, 2016

    Apple, Hershey and Abercrombie & Fitch are making headlines on Wall Street this Tuesday morning.

  • Why do bananas come from Costa Rica?

    Anastasia Alieva, head of fresh food at Euromonitor, talks about the economics behind banana production and prices.