LONDON, Jan 10- Morrisons raised its profit forecast on Tuesday after new ranges and revamped stores helped Britain's fourth biggest supermarket beat expectations for Christmas trading with its strongest underlying sales performance for seven years. The news sent shares in Morrisons up 4.2 percent, while market leader Tesco leapt 5 percent and...
LONDON, Jan 10- Morrisons, Britain's No. 4 supermarket group, on Tuesday raised its profit guidance as it beat forecasts with its strongest underlying Christmas sales for seven years, confirming its recovery under new management. The Bradford, northern England- based grocer said sales at stores open over a year, excluding fuel, rose 2.9 percent in the nine weeks to...
LONDON, Jan 10- Morrisons, Britain's No. 4 supermarket group, on Tuesday beat forecasts with its strongest underlying sales performance for seven years over the key Christmas period, building on a year of growth under a new management team. The Bradford, northern England, based grocer also raised its profit guidance. Morrisons said sales at stores open over a year,...
Charles Leyland at Leyland Private AM explains why he favors Flexigroup, a financial solutions company, to get exposure to the retail sector in Australia.
Urban Outfitters, Fiat Chrysler, and McDonald's stocks are making headlines this Monday morning before the opening bell.
*Tesco Q3 UK lfl sales seen up 1.25-2 pct, Xmas up 0.6-1.5 pct. *Raft of other UK retailers also due to report, including M&S. LONDON, Jan 8- Britain's three quoted major supermarkets are expected to report this week that they enjoyed solid Christmas trading, though investor concern about a potential squeeze on consumer spending in 2017 means the focus is on their...
Kiyoshi Kimura brings home a 466-pound bluefin tuna in what may be the last auction at the current site of Tokyo's Tsukiji market.
The fast food chain set up a location in a Vatican-owned building, which is also home to several senior cardinals.
Thrive Market, which sells non-perishable healthy foods at reasonable prices, will ship customer orders within two days to 85 percent of the country.
Consumer food preferences in 2017 are shaping up to be lean, clean and green.
Cinnabon got hammered by the internet for its Carrie Fisher tribute tweet. But some tweeters countered that she probably would've gotten a kick out of it.
SYDNEY, Dec 28- Australia's top grocer Woolworths Ltd said on Wednesday it will sell its chain of petrol stations to BP plc for A $1.8 billion, the latest disposal in a bid to return the company's focus to its core supermarket business. "Hardware wasn't so great... this is another area of their business that they weren't really managing well," said Juliana Roadley, a...
The world's first inflatable KFC popped up in Portland for the holiday season. It was quite the spectacle!
You could be Whatsapping your favorite store in the coming year.
SAO PAULO, Dec 21- Brazilian supermarket sales grew 5 percent in real terms in November from a year ago, industry group Abras said on Wednesday, suggesting resilient demand for food, toiletry and cleaning items despite a severe recession. "The 11- month data was better than we predicted," Márcio Milan, an Abras executive, said in a statement. The Abras national sales...
Praxair, Darden and General Motors are making headlines thisTuesday morning before the opening bell.
Lennar, Costco and Walt Disney stocks are making headlines this Monday morning to kick off the trading week.
CNBC's Kelly Evans speaks with Nigel Travis, Dunkin' Brands chairman & CEO, at the Yale CEO Summit about what kind of Trump administration economic policies would help his company and the fast food industry.
JPMorgan says Starbucks will be able to grow earnings per share annually at a low-to-mid-teens percent rate.
Newell Brands, AT&T, and CVS Health are making headlines this Monday morning to start off the trading week.