Food and Staples Retailing Food Retail

  • LONDON, Jan 11- European shares steadied on Tuesday in early deals, with retail stocks back in focus after a well-received update from British grocer Sainsbury, though Cobham tanked. The pan-European STOXX 600 index was flat in percentage terms, as was the blue-chip FTSE 100, which held close to a record high of 7,284.81 points reached in the previous session.

  • LONDON, Jan 11- Sainsbury's, Britain's second biggest supermarket, beat forecasts for underlying sales in its Christmas quarter and said it was well placed to deal with the pressures it faces this year. Sainsbury's, which last year bought Argos-owner Home Retail to improve its online logistics and general merchandise range, said sales at stores open over a year...

  • LONDON, Jan 11- Sainsbury's, Britain's second biggest supermarket, on Wednesday beat forecasts for underlying sales in its Christmas quarter and said it was well placed to deal with the pressures it faces in 2017.. The firm, which last year purchased Argos-owner Home Retail, said sales at stores open over a year rose 0.1 percent, excluding fuel, in the 15 weeks to Jan....

  • *Japan's consumer prices fall for nine straight months. TOKYO, Jan 11- Aeon Co posted a 51 percent jump in its third-quarter operating profit as brisk business at supermarkets, drug stores and discount outlets helped the biggest retailer by sales in Japan offset losses at its general merchandise stores. Operating profit for quarter ended Nov. 30 was 13 billion...

  • LONDON, Jan 11- Sainsbury's, Britain's second biggest supermarket, on Wednesday beat forecasts for underlying sales in its Christmas quarter and said it was well placed for 2017.. The firm, which last year purchased Argos-owner Home Retail, said sales at stores open over a year rose 0.1 percent, excluding fuel, in the 15 weeks to Jan. 7, its fiscal third quarter.

  • A deliveryman working for a McDonald's fast food restaurant in Beijing on January 9, 2017.

    McDonald's sale of its China and Hong Kong operations raises numerous concerns about worker conditions, an American labor union has warned.

  • Chipotle stock rises on improving sales

    The burrito chain reported a smaller drop in same-store sales during the fourth quarter.

  • LONDON, Jan 10- British supermarket Morrisons raised its profit forecast on Tuesday after enjoying its strongest sales growth in seven years over the Christmas 2016 period, while industry data showed market leader Tesco was also a festive winner. Britain's overall grocery market sales grew 1.8 percent in the 12 weeks to Jan. 1, the fastest growth since June 2014,...

  • LONDON, Jan 10- British supermarket Morrisons raised its profit forecast on Tuesday after enjoying its strongest Christmas sales performance in seven years, while industry data showed market leader Tesco was also a festive winner. Britain's overall grocery market grew 1.8 percent in the 12 weeks to Jan. 1, the fastest growth since June 2014, data from market...

  • LONDON, Jan 10- Morrisons raised its profit forecast on Tuesday after new ranges and revamped stores helped Britain's fourth biggest supermarket beat expectations for Christmas trading with its strongest underlying sales performance for seven years. The news sent shares in Morrisons up 4.2 percent, while market leader Tesco leapt 5 percent and...

  • LONDON, Jan 10- Morrisons, Britain's No. 4 supermarket group, on Tuesday raised its profit guidance as it beat forecasts with its strongest underlying Christmas sales for seven years, confirming its recovery under new management. The Bradford, northern England- based grocer said sales at stores open over a year, excluding fuel, rose 2.9 percent in the nine weeks to...

  • LONDON, Jan 10- Morrisons, Britain's No. 4 supermarket group, on Tuesday beat forecasts with its strongest underlying sales performance for seven years over the key Christmas period, building on a year of growth under a new management team. The Bradford, northern England, based grocer also raised its profit guidance. Morrisons said sales at stores open over a year,...

  • Retail plays in Australia

    Charles Leyland at Leyland Private AM explains why he favors Flexigroup, a financial solutions company, to get exposure to the retail sector in Australia.

  • Stocks to Watch: January 9, 2017

    Urban Outfitters, Fiat Chrysler, and McDonald's stocks are making headlines this Monday morning before the opening bell.

  • *Tesco Q3 UK lfl sales seen up 1.25-2 pct, Xmas up 0.6-1.5 pct. *Raft of other UK retailers also due to report, including M&S. LONDON, Jan 8- Britain's three quoted major supermarkets are expected to report this week that they enjoyed solid Christmas trading, though investor concern about a potential squeeze on consumer spending in 2017 means the focus is on their...

  • Bluefin tuna goes for $632,000 in Japanese auction

    Kiyoshi Kimura brings home a 466-pound bluefin tuna in what may be the last auction at the current site of Tokyo's Tsukiji market.

  • McDonald's opens in Vatican building

    The fast food chain set up a location in a Vatican-owned building, which is also home to several senior cardinals.

  • Gluten Free

    Thrive Market, which sells non-perishable healthy foods at reasonable prices, will ship customer orders within two days to 85 percent of the country.

  • Paneer and roasted beet salad photographed in Washington, DC.

    Consumer food preferences in 2017 are shaping up to be lean, clean and green.

  • Carrie Fisher (as Princess Leia Organa) and Anthony Daniels (as C3PO) star in the CBS television "The Star Wars Holiday Special."

    Cinnabon got hammered by the internet for its Carrie Fisher tribute tweet. But some tweeters countered that she probably would've gotten a kick out of it.