Alex Craig is auctioning off Potato Parcel, a website that ships potatoes around the country.» Read More
Aug 12- Canadian grocer Metro Inc's quarterly profit rose 13 percent as new fresh foods products boosted the company's same-store sales. Net income rose to C $163.5 million, or 64 Canadian cents per share, from C $144.5 million, or 54 Canadian cents per share, a year earlier. Revenue increased 6 percent to C $3.84 billion.
India will seek $99M in damages from Nestle after reports of excess lead in the firm's Maggi noodles forced a nationwide recall.
The drugstore is expanding to accept Apple Pay and Google Wallet Saturday after slashing support last year. Re/code reports.
Shares of the company fell more than 2 percent in after-hours trading following the earnings announcement.
Aug 7- A Whole Foods Market Inc shareholder has accused the grocer in a lawsuit of committing securities fraud by concealing its overcharging of New York City customers, leading to bad publicity that hurt sales and drove its share price down. In a complaint filed on Thursday in federal court in Austin, Texas, the plaintiff Yochanan Markman said Whole Foods knew or...
A former bond trader has launched a high-end take-out service that's bringing Michelin-starred dining to London's living rooms.
Chicken rice, durian, rojak and more: here are the 10 best-loved tastes of Singapore.
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.
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 recalled 36,000 cases of Kraft Singles American and White American prepared cheese product due to a choking hazard, NBC reports.
While California's four-year-long drought has been a boon to some industries, its been a bust for others.
Selling 3 million packs monthly, Cassandra Stavrou, founder at Propercorn, discusses how they market the healthy snack on social media.
Despite beating analysts' earnings estimates, Mondelez International sees a hesitant global consumer and challenges from currency.
July 29- Whole Foods Market Inc on Wednesday said same-store sales growth cooled in the third quarter as it battles competition in the natural and organic grocery category it dominates, sending its shares tumbling 10 percent in after-hours trade. The Austin, Texas- based chain's same-store sales, a closely watched performance gauge for retailers, were up just...
SAO PAULO, July 29- Brazil's biggest retailer, GPA SA, reported progress renovating stores, bringing down rents and finding new real estate in the midst of a sharp economic downturn, as investors looked past its first quarterly loss in almost a decade. Since then the group that started with a supermarket has added electronics chains, convenience stores and an...
*SuperValu 1st- qtr profit rises 42 pct. July 28- SuperValu Inc said it was exploring a spinoff of its discount grocery chain Save-A-Lot into a publicly traded company as the retailer looks to insulate the fast-growing unit from its slower-growing grocery wholesale and food retail businesses. SuperValu's Save-A-Lot business has been growing in the past seven...
*Asda sales fall 2.7 pct in 12 weeks to July 19- Kantar. *Analysts say pressure mounting on Asda CEO Andy Clarke. LONDON, July 28- Asda, the British arm of U.S. retailer Wal-Mart, on Tuesday lost its status as Britain's No. 2 supermarket group to rival Sainsbury's as industry data confirmed it as the sector laggard.
LONDON, July 28- All of Britain's so-called "big four" supermarkets saw sales fall over the last 12 weeks in an overall market that grew marginally, with discounters continuing to take share from their bigger rivals, industry data showed on Tuesday. Kantar Worldpanel said Asda, the British arm of U.S. retailer Wal-Mart, suffered the biggest sales fall over the 12...
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.
July 23- Loblaw Cos Ltd, Canada's largest food retailer, said it would close 52 unprofitable stores following a review of its 2,300 grocery and other locations launched last year. Loblaw's shares rose as much as 4 percent to C $70.42 on the Toronto Stock Exchange on Thursday after the company also reported a slightly better-than-expected profit on cost savings...