Food and Staples Retailing Food Retail


  • LONDON, Aug 18- Wal-Mart's British supermarket chain Asda slumped to its worst quarterly sales performance in the 16 years it has been owned by the U.S. group, with results on Tuesday highlighting its struggles in the face of an onslaught from the discounters. Walmart does not break out profits for its British operation, which trades mainly from large...

  • LONDON, Aug 18- Sales at Wal-Mart's British supermarket Asda slumped 4.7 percent in the second-quarter, as the laggard in the industry failed to get to grips with a fierce price war brought on by discount retailers. Asda, which trails UK market leader Tesco by annual revenue and is battling with Sainsbury's to be Britain's No. 2 grocer, said sales at stores open over...

  • LONDON, Aug 18- Sales at Wal-Mart's British supermarket Asda fell for a fourth straight quarter on Tuesday, down 4.7 percent to confirm its position as the weakest performer in a sector hammered by the growth of discount retailers. Asda, which trails UK market leader Tesco by annual revenue and is battling with Sainsbury's to be Britain's No. 2 grocer, said sales at...

  • Blue Bell ice cream returning to stores Aug 31 Monday, 17 Aug 2015 | 3:28 PM ET
    Blue Bell Ice Cream is seen on shelves of a grocery store in Overland Park, Kans.

    Blue Bell ice cream will start returning to stores at the end of August, months after a national recall due to listeria concerns.

  • Aug 17- Target Corp promoted Chief Financial Officer John Mulligan to the newly created role of chief operating officer, and appointed Express Scripts Holding Co's CFO, Cathy Smith, as his replacement. Smith, who will join on Sep. 1, has previously served as CFO of Wal-Mart Stores Inc's international division. The company in April named grocery retail veteran Anne...

  • Iowa's state fair: Politics, and lots of food Friday, 14 Aug 2015 | 4:46 PM ET
    Iowa State Fair

    Iowa's State Fair is one of the largest and anticipated events of its kind, pulling more than a million visitors and over $20 million a year.

  • Fall's hottest new flavors may surprise you Friday, 14 Aug 2015 | 4:05 PM ET

    With less than a month left of summer, big-name brands are busting out the pumpkin spice and apple pie ahead of schedule.

  • India's Maggi lead scare a $99M problem for Nestle Tuesday, 11 Aug 2015 | 10:56 PM ET

    India will seek $99M in damages from Nestle after reports of excess lead in the firm's Maggi noodles forced a nationwide recall.

  • Rite Aid to accept Apple Pay and Google Wallet Tuesday, 11 Aug 2015 | 5:25 PM ET
    Apple Pay

    The drugstore is expanding to accept Apple Pay and Google Wallet Saturday after slashing support last year. Re/code reports.

  • Kraft Heinz shares fall after Q2 earnings Monday, 10 Aug 2015 | 4:38 PM ET
    Kraft products on sale in Chicago

    Shares of the company fell more than 2 percent in after-hours trading following the earnings announcement.

  • Ex-trader launches Michelin star take-out service Friday, 7 Aug 2015 | 3:02 AM ET
    SUPPER will serve delivery containers in bespoke black bags.

    A former bond trader has launched a high-end take-out service that's bringing Michelin-starred dining to London's living rooms.

  • If you come to Singapore, you gotta eat this ... Thursday, 6 Aug 2015 | 7:33 PM ET
    Lau Pa Sat Food Center in the Central Business District of Singapore.

    Chicken rice, durian, rojak and more: here are the 10 best-loved tastes of Singapore.

  • Mondelez gains 5% after Ackman announces stake Thursday, 6 Aug 2015 | 8:43 AM ET
    Nelson Peltz and Bill Ackman at Delivering Alpha 2015 in New York.

    Mondelez stock gains after news that Bill Ackman has taken a $5.5 billion stake in snack maker and is considering pushing for a takeover.

  • Teen soldier hatches millions from ... egg futures Monday, 3 Aug 2015 | 9:23 PM ET

    Zhang Xiongjie's story is a remarkable rags-to-riches journey, achieved by dominating one of the obscure corners of China's unruly markets: egg futures.

  • Kraft voluntarily recalls 36K cases of cheese Sunday, 2 Aug 2015 | 5:39 PM ET
    Packages of Kraft Singles American cheese product sit on the shelf of a market in San Francisco.

    Kraft voluntarily recalled 36,000 cases of Kraft Singles American and White American prepared cheese product due to a choking hazard, NBC reports.

  • Winners and losers of California severe drought Friday, 31 Jul 2015 | 2:27 PM ET
    A gardener waters plants and foliage in front of an apartment complex in Monterey Park, California

    While California's four-year-long drought has been a boon to some industries, its been a bust for others.

  • Want to be No.1 global popcorn brand: Propercorn Friday, 31 Jul 2015 | 4:40 AM ET
    Want to be No.1 global popcorn brand: Propercorn

    Selling 3 million packs monthly, Cassandra Stavrou, founder at Propercorn, discusses how they market the healthy snack on social media.

  • Mondelez CEO: Consumer cautious despite Q2 beat Thursday, 30 Jul 2015 | 12:59 PM ET
    Oreo cookies

    Despite beating analysts' earnings estimates, Mondelez International sees a hesitant global consumer and challenges from currency.

  • Should supermarkets warn on sugar content? Monday, 27 Jul 2015 | 11:50 AM ET
    Should supermarkets warn on sugar content?

    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.

  • Delicious! What one foodie is reading this summer Thursday, 23 Jul 2015 | 12:46 PM ET
    International Culinary Center chief Dorothy Cann Hamilton.

    Of course, cook books are on the menu, but culinary-school chief Dorothy Cann Hamilton also recommends travel tales and a Broadway memoir.