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Food and Staples Retailing Food Retail


  • Breakfast finally pulls McDonald's out of its funk Wednesday, 14 Oct 2015 | 10:43 AM ET

    Perception of the McDonald's brand hit its highest point in two years, according to YouGov BrandIndex, a consumer research firm.

  • LONDON, Oct 13- Supermarket Asda, the British arm of Wal-Mart, said on Tuesday it had appointed Roger Burnley, currently the retail and operations director of rival Sainsbury's, to be its new chief operating officer. Because he is employed by a direct competitor, Asda said it will be some time next year before Burnley joins Asda, where he will report to Chief...

  • These are the 10 hungriest nations in the world Monday, 12 Oct 2015 | 11:03 AM ET
    Children race into the drop zone to gather any food or seeds that were spilled during the air drop in Leer, South Sudan.

    A staggering 52 developing countries suffer from "serious" or "alarming" levels of hunger, according to the new Global Hunger Index.

  • LONDON, Oct 10- Stuart Rose, former boss of the Marks and Spencer store chain and one of Britain's best-known businessmen, will head the campaign to keep the country in the European Union, the "In Campaign" said as it prepared to launch its bid on Monday. "I believe that Britain is stronger in Europe," Rose, who currently chairs online supermarket Ocado and also...

  • LONDON, Oct 10- Lord Stuart Rose, former boss of Marks and Spencer and one of Britain's most well-known businessmen, will head the campaign to keep the country in the European Union, the "In Campaign" said. Rose, who is currently chairman of online supermarket Ocado, is a member of the House of Lords, Britain's unelected upper chamber, representing Cameron's...

  • Farmer hits jackpot selling Frankenstein pumpkins Friday, 9 Oct 2015 | 10:34 AM ET

    CNBC returns to visit a California organic farmer whose dream to grow special pumpkins is bearing fruit, and weirdness.

  • LeBron James leaves McDonald's for Blaze Pizza Friday, 9 Oct 2015 | 7:00 AM ET
    LeBron James leaves McDonald's for Blaze Pizza

    Basketball star LeBron James will not renew his endorsement deal with McDonald's and instead will be a part of Blaze Pizza's marketing campaign.

  • MEXICO CITY, Oct 8- Mexico's competition regulator approved supermarket chain Soriana's acquisition of most of the stores of rival Comercial Mexicana, though with conditions, the firms said on Thursday. Comercial Mexicana, known locally as Comerci, agreed in January to sell 160 of its stores to Soriana, Mexico's No. 2 supermarket, for 39.19 billion pesos.

  • Yum Brands' disappointing results in China add pressure to make swift changes to its main drivers of sales and profits.

  • Tesco has held on to market share: Sanford C. Bernstein analyst

    Bruno Monteyne, senior analyst of European Food Retail at Sanford C. Bernstein, says Tesco is on track for a ROI margin of 2 percent.

  • LONDON, Oct 7- Britain's biggest supermarket Tesco said its turnaround plan was starting to work, with more people shopping in its stores, but the heavy cost of rebuilding the business was evident in a collapse in a first-half profit. Heavy investment meant that operating profit before one-off items, its new headline performance measure, fell 55 percent to 354...

  • The main worry behind Yum's earnings Tuesday, 6 Oct 2015 | 10:32 PM ET
    The main worry behind Yum's earnings

    Christine Short, senior vice president at Estimize, explains why she's especially concerned about the firm's downgraded guidance.

  • Starbucks' hottest Indian rival in big IPO Tuesday, 6 Oct 2015 | 10:04 PM ET
    A Cafe Coffee Day store, operated by Amalgamated Bean Coffee Trading Co., in Jaipur, Rajasthan, India.

    The company behind Cafe Coffee Day, India's biggest coffee chain, will launch an IPO next week, aiming to raise up to $176M.

  • Yum Brands: 'It's more than a China story' Tuesday, 6 Oct 2015 | 9:34 PM ET
    Yum Brands: 'It's more than a China story'

    Yum Brand's strength lies in the global success of Taco Bell and KFC, says RJ Hottovy, global director of consumer equity research and senior restaurant, retail analyst at Morningstar.

  • Yum brands was a significant disappointment: Expert Tuesday, 6 Oct 2015 | 6:48 PM ET
    Yum brands was a significant disappointment: Expert

    Karen Short, managing director at Deutsche Bank Securities, says investors had expected stronger same-store sales in China.

  • McD's all-day breakfast sizzles on social media Tuesday, 6 Oct 2015 | 6:19 PM ET
    McDonald's Egg McMuffin and hash browns.

    Social media users were out in full force on Tuesday tweeting photos and commenting on McDonald's launch of all-day breakfast.

  • 40% of couples who get married do this Tuesday, 6 Oct 2015 | 1:21 PM ET
    Wedding couple bride groom

    40% of couples who got married in 2014 spent $10,000 or less, according to a study that tracks wedding trends. USA Today reports.

  • What to expect from coming restaurant earnings Tuesday, 6 Oct 2015 | 12:31 PM ET
    A woman holding an umbrella walks past a KFC restaurant in Shenzhen, China.

    The major restaurant companies are expected to report generally higher third-quarter earnings, although there could be some disappointments.

  • Fast food drive-thrus slowing down Monday, 5 Oct 2015 | 10:00 AM ET
    Fast food drive-thrus slowing down

    Fast food drive-thrus are getting slower, but they're also getting more accurate.

  • Albertsons said on Friday that it expected to price 65.3 million shares at between $23 and $26 each, valuing the company at up to $12.35 billion. Albertsons, the second-largest U.S. grocer after Kroger Co by number of stores, highlighted in a filing that it also faced a growing threat from online grocery stores. "It's only going to get worse for Albertsons," David...