At least five directors recently left the Hampton Creek board, leaving just co-founder and CEO Josh Tetrick, Bloomberg reported.
Amazon, whose plans to acquire supermarket chain Whole Foods pose a threat to the grocery industry, appears to be entering the meal-kits business.
CNBC's Kayla Tausche reports on trade relationship between the U.S. and China.
Blue Apron is likely to struggle after Amazon enters the meal-kit delivery market, Jim Cramer says.
New York became the largest U.S. city to require fast-food restaurants to schedule workers at least two weeks in advance, or pay them extra.
July 17- Kroger Co, the biggest U.S. supermarket operator, said on Monday it would make a contribution of up to $1 billion to its benefit plans to address the under-funded position of the plan.
Amazon and Whole Foods declined to comment. Whole Foods rose 0.3 percent to $42.10. "Amazon's proposed purchase of Whole Foods could impact neighborhood grocery stores and hardworking consumers across America," the Rhode Island Democrat said in a statement.
Shoppers are avoiding the center of grocery stores.
Shoppers are avoiding the center of grocery stores. That's adding more pressure to already struggling companies.
WASHINGTON/ NEW YORK, July 14- The top Democrat on the U.S. House of Representatives' antitrust subcommittee has voiced concerns about Amazon.com Inc's $13.7 billion plan to buy Whole Foods Market Inc and is pushing for a hearing to look into the deal's potential impact on consumers. "Amazons proposed purchase of Whole Foods could impact neighborhood grocery...
CNBC’s Contessa Brewer reports on the increase in lobster demand from China and how climate changes is affecting lobster harvests.
McDonald's is making fast food faster by building an app, expanding delivery, and creating digital ordering kiosks in restaurants.
Karen Short, food and grocery analyst at Barclays, discusses how Lidl invests in their private label to bring lower prices to their grocery stores.
CNBC's Courtney Reagan reports about the German grocer Lidl that takes an aim at Walmart with their discount grocery prices.
NEW YORK— Walmart is pushing convenience for the back-to-school shopping season as it tries to compete better with Amazon. The world's largest retailer is making hundreds of school staples like notebooks and pens available through its online grocery shopping service that offers curbside pickup at the store. Walmart has also integrated TeacherLists into a...
LONDON, July 13- Britain's biggest mobile operator EE said it would open 100 new stores in Sainsbury's supermarkets and Argos general merchandise shops in the next two years, expanding its retail presence to nearly 700 stores. Chief Executive Marc Allera said the new stores would enable the company to provide more of the personal support and services its...
LONDON, July 13- European shares inched higher on Thursday with investors less keen to chase the previous session's strong rally that came on the back of the relatively dovish tone struck by Fed chair Janet Yellen overnight. Supermarket Casino gained 2.1 percent, leading the retail index which was among the strongest performers. Drugmaker Astrazeneca...
PARIS, July 13- French supermarket retailer Casino said sales growth accelerated slightly in the second quarter, reflecting an improvement at its Geant hypermarkets in France, and reported a resilient performance at its recession-hit Brazilian market. Casino, whose credit rating was cut to junk by Standard& Poor's in March 2016 and which has been criticised...
Cowen upgraded Grubhub to outperform following expectations of 80 percent market expansion and GRUB leadership.
*Tesco/Booker deal referred to phase 2 investigation. LONDON, July 12- Britain's competition regulator has referred supermarket Tesco's proposed 3.7 billion pound takeover of wholesaler Booker for a detailed investigation, granting a request from the companies to "fast track" the process. Tesco, Britain's biggest retailer, and Booker announced the cash and...