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Food and Staples Retailing Food Retail


  • UPDATE 2-Sainsbury's says more price cuts on the way Wednesday, 11 Nov 2015 | 6:02 AM ET

    LONDON, Nov 11- British grocer Sainsbury's plans to cut more prices to close the gap on fast-growing discounters Aldi and Lidl, signalling no let up in a battle that has ravaged industry profits. Britain's third-biggest supermarket group has already invested about 150 million pounds in lower prices in the last year, funded by cutting costs and dividends.

  • LONDON, Nov 11- British supermarket Sainsbury's reported an 18 percent fall in first half profit, hurt by food deflation, including its own price cuts. A year ago Sainsbury's Chief Executive Mike Coupe set out a strategy to stem the flow of shoppers to discounters Aldi and Lidl with price cuts and improvements to product quality and availability and customer...

  • Dividend isn’t taking away from investments: Sainsbury’s CFO

    Sainsbury’s CFO John Rogers outlines the investments being made across the company, explaining they haven’t been hampered by the company’s dividend commitments.

  • Nestle left with mess after Indian noodle scandal Tuesday, 10 Nov 2015 | 7:36 PM ET

    Nestle has restarted sales of its Maggi noodles in India after food safety fears left the company with $77m in losses, the FT reports.

  • Joe's Crab Shack tests no-tipping model Tuesday, 10 Nov 2015 | 5:24 PM ET

    Waitstaff no longer have to fear the wrath of bad tippers, at least at Joe's Crab Shack.

  • What diet? Pizza Hut debuts triple decker pizza box Tuesday, 10 Nov 2015 | 11:49 AM ET
    Pizza Hut Triple Treat Pizza Box

    Pizza Hut is hoping that Americans will kick their diets to the curb this holiday season with a new triple layer pizza box, USA Today reports.

  • Campbell rethinks its iconic chicken noodle soup Tuesday, 10 Nov 2015 | 9:25 AM ET
    Bryan Cozzi, left, a chef at Campbell Soup, and intern Erika Ellefsen work at the company’s test kitchen in Camden, N.J., Oct. 14, 2015. The company is paring back on additives and artificial ingredients in a bid to keep up with food trends and halt a gradual sales decline.

    Campbell's new version of its chicken noodle soup will contain fewer ingredients. The New York Times reports.

  • HK street food gets nod from Michelin Guide Thursday, 5 Nov 2015 | 8:51 PM ET
    HK street food gets nod from Michelin Guide

    With street food being a big part of Hong Kong's culinary scene, the Michelin Guide has included the city's street food vendors into the celebrated guide for the first time, says international director Michael Ellis.

  • Is that food organic? No, it's 'Responsibly Grown' Thursday, 5 Nov 2015 | 1:45 PM ET
    Produce at a Whole Foods store in Berkeley, Calif.

    Whole Foods' "Responsibly Grown" program recognizes even nonorganic food growers for better practices.

  • How to get free Taco Bell today Thursday, 5 Nov 2015 | 11:13 AM ET
    A Taco Bell restaurant in Laguna Beach, California.

    Taco Bell is giving away one breakfast item for free. Here's why.

  • Nov 4- Big changes are coming to Whole Foods Market Inc as the natural and organic grocery pioneer revamps its pricing and modernizes its business to fend off widespread competition and bolster same-store sales, which unexpectedly fell in the latest quarter. In a call after the earnings release, Whole Foods executives laid out plans to shake the chain's...

  • Your first trade for Thursday, November 5 Wednesday, 4 Nov 2015 | 6:16 PM ET

    The "Fast Money" traders give their final trades of the day.

  • NEW YORK, Nov 3- Fairway Group Holdings Corp was downgraded to a low junk grade by Standard& Poor's, which said the operator of Fairway supermarkets may need to restructure its debt or raise capital as increased competition contributes to its "persistent underperformance." Credit analyst Diya Iyer said New York- based Fairway must fundamentally change its "...

  • Taco Bell fires executive after Uber attack Tuesday, 3 Nov 2015 | 7:00 AM ET
    Taco Bell fires executive after Uber attack

    A 32 year old Taco Bell executive lost his job after being caught on a dashcam video in a violent incident with an Uber driver.

  • When it comes to coupons, shoppers prefer... Monday, 2 Nov 2015 | 10:26 AM ET
    A woman sorts through coupons while shopping in California, Md.

    A new study shows the majority of U.S. credit and debit cardholders who use coupons find them in newspapers. NBC News reports.

  • Could this be the next healthy-eating success story? Sunday, 1 Nov 2015 | 10:51 AM ET

    Freshii has grown fast, so what has millennials flocking to the fast-casual salad restaurant?

  • CHICAGO, Oct 30- Standing at the meat counter at a Mariano's grocery store in Chicago, a half-dozen customers bantered with the butchers about the recent World Health Organization report linking processed meat to colorectal cancer. "Give me two pounds of bacon," said Roland Marks, 47, a software engineer, rolling his eyes. The WHO took to Twitter, too, and also issued a...

  • The end of the road for bacon and pies? Friday, 30 Oct 2015 | 11:07 AM ET

    Are we about to lose our appetite for hot dogs, bacon, and pies?

  • Oct 30- Fresh& Easy filed its second bankruptcy in two years on Friday after billionaire Ron Burkle was unable to turn around the West Coast grocery chain, which is in the process of closing down. British grocer Tesco Plc launched Fresh& Easy in 2006 with many industry analysts expecting the deep-pocketed company to challenge the dominance of Wal-Mart Stores Inc.

  • Burger King puts new spin on Chicken Fries Thursday, 29 Oct 2015 | 8:00 AM ET

    Burger King's Chicken Fries are getting a new flavor: Buffalo.