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Food and Staples Retailing Food Retail

  • NEW YORK— Lidl, the German no-frills supermarket chain, is opening its first wave of stores in the U.S. this summer ahead of schedule, with plans to open up to 100 locations across the East Coast within a year. Lidl's first 20 U.S. stores will be opening in North Carolina, South Carolina and Virginia, where the company established its first U.S. headquarters in 2015.

  • MEDINA, Ohio— A 23- year-old University of Akron accounting student has been named the nation's top grocery bagger after claiming the Ohio title two years in a row. The Medina Gazette reports Brady Long returns to Wadsworth with a $10,000 prize after winning the National Grocers Association's Best Bagger championship. Long packs up groceries at Buehler's...

  • MALMO, Sweden— Something high-tech is happening in the produce aisle at some Swedish supermarkets, where laser marks have replaced labels on the organic avocados and sweet potatoes. If its test is successful, ICA, which has 1,350 stores across Sweden, hopes to cut down on the stickers and packaging it now uses to identify its organic produce.

  • Wesfarmers CEO Richard Goyder discusses his company's latest earnings results and the Australian retail environment.

  • AUSITN, Texas— Texas- based My Fit Foods has closed all of its stores. My Fit Foods last fall reported having more than 50 locations in five states, plus grocery retailers and corporate and college campuses. Austin- based My Fit Foods didn't immediately provide additional information on the locations, offering what the company called nutritionally balanced,...

  • Customers shop at the Jacques Torres Chocolate Heaven store in New York.

    The retail slump is taking a toll on the candy industry, but chocolate purveyor Jacques Torres explains to CNBC what helps keep him on top.

  • The grocery chain aims to tackle its worst sale slump in more than a decade.

  • Our argument is, look at what you are doing to Main Street retailers if you repeal, said Hannah Walker, director of government relations for the Food Marketing Institute, which represents grocers. The merchants, after years of gaining little ground in the courts, took the fight to Congress, where both sides say they support the little guy. The last round went to the...

  • Feb 8- Whole Foods Market Inc on Wednesday said it is closing some stores and increasing use of customer data to improve results after cutting its full-year sales and profit forecasts after posting its sixth straight quarter of same-store sales declines. Shares in the organic and natural food grocer were down 2.1 percent in extended trading.

  • Consumers are getting more choosy about the chocolates they eat.

    A bumper crop last season from benign weather in West Africa is weighing on cocoa prices, but consumers are also to blame for a 4-year low in futures.

  • From an "On the Money" segment on Square Roots

    Entrepreneurs have set up farms in shipping containers to grow fresh produce in the heart of the urban jungle.

  • young farmers organic farmers

    Some U.K. supermarkets are rationing the amount vegetables that customers can buy following a poor harvest in southern Europe.

  • Chocolate sushi hits Tokyo for Valentine's Day

    One of Nestle's KitKat chocolate stores in Tokyo has unveiled chocolate sushi just in time for Valentine's Day.

  • *Firm hires former Sainsbury's executive Luke Jensen. LONDON, Jan 31- British online supermarket Ocado said it was increasingly confident that it would deliver an overseas technology deal first targeted before the end of 2015.. Ocado shares were up 7.2 percent at 262.2 pence at 1110 GMT as the market welcomed a 3.3 percent rise in annual core earnings in 2016 and...

  • LONDON, Jan 31- British online supermarket Ocado on Tuesday reported a 3.3 percent rise in full-year core earnings and said it was well positioned for growth, though there was no significant update on a long-awaited overseas deal. The firm, which sells products supplied by upmarket grocer Waitrose and also has a distribution agreement with Morrisons, said it...

  • LONDON, Jan 31- British online supermarket Ocado on Tuesday reported a 3.3 percent rise in full-year core earnings and said it was well positioned for growth, though there was no significant update on a long awaited overseas deal. The firm, whose range includes products supplied by upmarket grocer Waitrose and also has a distribution agreement with Morrisons,...

  • The retailer, which is headquartered in Chile and has operations throughout South America, is controlled by Chile's Paulmann family. Improved regional economic prospects, especially in Argentina, Brazil and Peru, will also help buttress Cencosud's business units, it said. Cencosud runs the Jumbo supermarkets, Paris department store and Easy home...

  • SAO PAULO, Jan 30- Brazilian supermarkets on Monday cut their sales growth forecast for this year, reflecting efforts among households to funnel most of their disposable income into paying off debt amid Brazil's worst recession on record. Sales were most impacted by a drastic decline in consumption habits among low-income families that, over the past decade,...

  • Online grocery sales to hold 20% of market by 2025

    A report from Food Marketing Institute and Nielsen shows American consumers could spend $100-billion on food-at-home items by 2025.

  • Healthy food in a supermarket

    The founder of a dietary company is on a mission to create an owner's manual for your body, and explains to CNBC how he intends to do it.