×

Food and Staples Retailing Food Retail

  • These are American's top spot for a quick bite.

    Americans who regularly eat on the run have spoken: These are their favorite quick-service restaurants.

  • SAN FRANCISCO, March 8- Grocery delivery service Instacart has raised $400 million in its latest financing round, the startup announced on Wednesday, as investors show more enthusiasm for a business model whose viability has long been in question. The most recent financing round is Instacart's largest and boosts its valuation from $2 billion to $3.4 billion,...

  • SAN FRANCISCO, March 8- Grocery delivery service Instacart has raised $400 million in its latest financing round, the startup announced on Wednesday, as investors have started to show more enthusiasm for a business model whose viability has long been in question. The most recent financing round is the company's largest to date and was led my Sequoia Capital,...

  • LONDON, March 8- Britain's major supermarket chains could benefit from a small decline in overall spending by Britons because people will eat at home more rather than dining out, the boss of Sainsbury's said on Wednesday. British shoppers are starting to feel the strain of rising prices caused by last year's Brexit vote, suggesting the economy is heading for a...

  • Eat like Tom Brady for $78 dollars a week

    New England Patriots quarterback Tom Brady is entering the meal kit delivery service with his meal kit.

  • retail shopper

    British retailers have seen non-food sales fall to their lowest levels in over five years as inflation rises higher.

  • LONDON, March 7- British food inflation has doubled since last month, with the price of staples including butter, tea, lamb and fish all rising, industry data showed on Tuesday, adding to evidence that the impact of last year's Brexit vote is pushing up shoppers' bills. Market researcher Kantar Worldpanel said grocery inflation was 1.4 percent for the 12 weeks to Feb....

  • LONDON, March 7- A small British supermarket chain that trades under the Budgens brand has fallen into administration, leading to the loss of around 800 jobs, the firm handling the process said on Tuesday. Food Retailer Operations Ltd runs 34 stores across the UK as Budgens and employs 815 people. "Since its acquisition of the stores from Co-op in July 2016, the...

  • LONDON, March 7- British grocery inflation has doubled since February, with the price of food staples including butter, tea and fish all rising, industry data showed on Tuesday. Market researcher Kantar Worldpanel said grocery inflation was 1.4 percent for the 12 weeks to Feb. 26. It said prices have been rising in the UK since the 12 weeks to Jan. 1 data set following a...

  • These are the world's most expensive potato chips

    These expensive potato chips are hand made and cost $11.20 per chip.

  • Find out what these blindfolded twitter haters are taste testing

    Burger King blindfolded some of their Twitter haters and had them taste test a new sandwich.

  • March 2- Warehouse club retailer Costco Wholesale Corp reported lower-than-expected quarterly comparable sales as price war among grocers intensified. Net income attributable to Costco fell to $515 million, or $1.17 per share, in the second quarter ended Feb. 12 from $546 million, or $1.24 per share, a year earlier. Total revenue rose 5.7 percent to $29.77...

  • March 2- Supermarket operator Kroger Co surprised analysts with its first quarterly same-store sales decline in 13 years, as competition intensified in the U.S. grocery industry, sending its shares down as much as 5.6 percent on Thursday. Kroger, like other grocers, has been struggling with lackluster U.S. economic growth and a cut-throat price war with...

  • Kroger, like other grocers, has been struggling amid pressure from falling food prices, dull U.S. economic growth, and a cut-throat price war with Wal-Mart Stores Inc and Amazon Inc.. Cincinnati, Ohio- based Kroger said, excluding fuel, sales from stores open for at least a year fell 0.7 percent, widely missing analysts' average estimate of a 0.1 percent rise,...

  • MCD's Easterbrook: We are confronting reality

    Steve Easterbrook, McDonald's president & CEO, discusses the fast food giant's plans to re-energize the business including delivery and mobile ordering.

  • Customers shop the produce aisle at a Kroger grocery store in Louisville, Kentucky.

    Kroger reported a surprise decline in holiday-quarter same-store sales on Thursday as competition in the grocery industry in the United States intensified.

  • March 2- Supermarket operator Kroger Co reported a surprise decline in holiday-quarter same-store sales on Thursday as competition in the grocery industry in the United States intensified. Cincinnati, Ohio- based Kroger's shares, which have lost more than a fifth of their value in the past year, fell 3.3 percent to $31.00 in premarket trading.

  • March 2- Supermarket operator Kroger Co reported a surprise decline in holiday-quarter same-store sales on Thursday, hurt by falling grocery prices and fierce competition. Net income fell to $506 million, or 53 cents per share, for the fourth quarter ended Jan. 28, from $559 million, or 57 cents per share, a year earlier. Excluding fuel, sales from stores open for at...

  • BERLIN, March 2- German discount supermarket chain Aldi is planning to start online sales in China this month, hoping to appeal to Chinese consumers interested in German brands with a selection of wine, snack and breakfast products. An initial "soft launch" on March 20, which typically sees a product offered to a limited audience, will be followed by a full launch...

  • The U.S. market, where the company runs supermarket chains Stop& Shop, Giant, Hannaford and Food Lion, accounted for over 60 percent of Ahold Delhaize's net sales in 2016.. Chief Executive Dick Boer told jounalists during a call he expects a return to inflation in the second half of the year. "The results surprised positively overall... they are ahead in regions that...