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Food and Staples Retailing Food Retail

  • Chipotle stock slips after co-CEO comments

    Steve Ells admits he is 'nervous' about hitting guidance the company provided in October.

  • Stocks to Watch: December 6, 2016

    Amazon, Apple and Nike stocks are making moves this Tuesday morning before the opening bell.

  • Dec 5- Amazon.com Inc said on Monday it has opened a brick-and-mortar grocery store in Seattle without lines or checkout counters, kicking off new competition with supermarket chains. "It's a great recognition that their e-commerce model doesn't work for every product," said analyst Jan Dawson of Jackdaw Research, noting that physical stores would complement...

  • Still image from an Amazon Go promotional video

    Cowen says the grocery category's $795 billion annual market size is an attractive growth opportunity for Amazon.

  • Dec 5- Amazon.com Inc said on Monday it has opened a brick-and-mortar grocery store in Seattle without lines or checkout counters, kicking off new competition with supermarket chains. "It's a great recognition that their e-commerce model doesn't work for every product," said analyst Jan Dawson of Jackdaw Research, noting that physical stores would complement...

  • Amazon Go

    Amazon’s latest plan to disrupt the retail industry could finalize the fusion of online and in-store consumer experiences.

  • Amazon Go

    Amazon just revealed a new plan for revolutionizing how people buy groceries — minus the long lines.

  • Kids menu

    The average a la carte item on a kid's food menu averaged 147 percent more calories than what was recommended by nutrition experts.

  • Dec 5- Amazon.com Inc's new bricks-and-mortar grocery store doesn't have at least one thing that supermarkets have- queues at the checkout counter. The online shopping giant's new 1,800- square-foot convenience store, Amazon Go, in Seattle uses sensors to detect what shoppers have picked off the shelf and bills it to their Amazon account if they don't put it...

  • Stocks to Watch: December 5, 2016

    McDonald's, Apple, Energy Transfer Partners and Sunoco stocks are making headlines this Monday morning.

  • *Tesco has overhauled relationship with suppliers. LONDON, Dec 5- Two years after an accounting scandal plunged Tesco into the worst crisis in its 97- year history, the British supermarket looks set to reassert its dominance, given the edge by a transformed relationship with suppliers. Monthly industry data shows Tesco is once again pulling ahead of rivals in...

  • Stocks to Watch: December 2, 2016

    Starbucks, Smith & Wesson and Lululemon stocks are making headlines this Friday morning to wrap up the trading week.

  • Howard Schultz, chief executive of Starbucks, in Milan, Feb. 26, 2016. Schultz said on Dec. 1 that he would step down as chief executive in next year, handing over to his personally selected successor, Kevin Johnson, the company’s current president.

    Starbucks CEO Howard Schultz will be succeeded by Kevin Johnson, the company's current president, The New York Times reports.

  • Cincinnati, Ohio- based Kroger said it now expects this fiscal year's adjusted per share profit to be $2.10 to $2.15, down from its prior forecast of $2.10 to $2.20. Shares in the company, whose supermarket brands also include Ralphs and Fred Meyer, were up 0.9 percent to $32.58 in midday trading after that revised forecast essentially matched analysts' estimate...

  • Dec 1- Discount retailer Dollar General Corp reported a surprise drop in quarterly comparable sales and tempered its full-year profit forecast, hit by lower grocery prices and reduced food stamp coverage in several U.S. states. The company's shares were down 7.3 percent at $71.67 in morning trading on Thursday. "It became apparent that our incremental actions...

  • EPS $2.10- $2.15 per share vs. est $2.13. *Q3 adj. profit of 41 cents per share in line with estimates. Dec 1- Kroger Co, the biggest U.S. supermarket chain, lowered the higher end of its full-year adjusted profit forecast amid falling food prices and increasing competition from rivals such Wal-Mart and Sprouts Farmers Market Inc..

  • Dec 1- Kroger Co, the biggest U.S. supermarket chain, lowered the higher end of its full-year adjusted profit forecast amid falling food prices and increasing competition from rivals such Wal-Mart and Sprouts Farmers Market Inc.. Cincinnati, Ohio- based Kroger said it expects an adjusted profit of $2.10- $2.15 per share for the year ended Jan. 30, 2017, compared...

  • The company's shares were down 7.6 percent at $71.48 in premarket trading on Thursday. Discount retailers have also been hit by changes in the Supplemental Nutrition Assistance Program, formerly called the food stamp program. States implementing SNAP changes this year include Florida, Georgia, Alabama and Tennessee, which have some of the highest...

  • Stocks to Watch: December 1, 2016

    Dollar General, Lands' End, and McDonald's stocks are grabbing Wall Street headlines to kick off the month.

  • Dec 1- Discount retailer Dollar General Corp reported a surprise drop in third-quarter comparable sales, largely due to lower grocery prices and a reduction of food stamp coverage in several U.S. states. The company's shares were down 4.3 percent at $74 in light premarket trading on Thursday. The company's net income fell to $235.3 million, or 84 cents per share,...