LOS ANGELES, May 25 (Reuters)- Whole Foods Market Inc unveils its new 365 grocery chain on Wednesday with a bright and airy store that offers lower prices and more technology than the company's namesake shops. The chain, which debuts in Los Angeles' Silver Lake neighborhood, is critical to Whole Foods. Low prices are the top demand even among shoppers prioritizing... » Read More
LOS ANGELES, May 25- Whole Foods Market Inc's 365 grocery chain offers lower prices and more technology than the company's namesake supermarkets, but experts say the fledgling brand must beat its many rivals without hijacking customers from its parent. 365, which debuted on Wednesday with a bright and airy store in Los Angeles' Silver Lake neighborhood, is...
The "FMHR" traders discuss Whole Foods Market and whether the supermarket chain's new lower-price 365 store will boost the stock.
CNBC's Jane Wells reports from the first Whole Foods 365 store on the grocery chain's push towards affordability and taking market share away from lower-cost competitors.
NAIROBI, May 25- Kenya's Uchumi Supermarkets has attracted "many suitors" in its search for a major new investor and its board is evaluating bids from both local and foreign parties, its chief executive said on Wednesday. The company, which is the only publicly traded retailer in Kenya, is also selling assets to pay down debts and is seeking an emergency loan from the...
CNBC’s Jane Wells is with Whole Foods co-CEO Walter Robb at his new concept store in Los Angeles.
Burger chains launch limited-time promotions and value meals to grab attention and quickly boost sales.
The humanoid robot will take and process customer orders in Pizza Hut restaurants by the end of 2016.
Carl's Jr. and Hardee's are known for their limited-time-only burger concoctions, but these items aren't the only ways to drive traffic.
NEW YORK, May 25- When J.M. The company appeared to break that tradition on Tuesday when it cut prices for its flagship Folgers and Dunkin' Donuts coffees by 6 percent. "Coffee brands are seeking market share versus holding prices," said Ross Colbert, executive director, global strategist of Beverages for Rabobank International.
Snickers and 7-Eleven have teamed up to bring discounted candy to customers in Australia based on an algorithm that monitors mood on Twitter.
Andy Barish, Jefferies Restaurant Analyst, and Jeffrey Bernstein, Barclays, discuss what's behind the slide in McDonald's shares.
Diana Olick reports the latest in the retail real estate market and how it’s leading global expansion.
A U.K.-based candy company is bringing its gummy 3-D printing technology to the United States.
The U.S. FDA will modify guidelines for nutritional labels on packaged food and beverages to prominently display calorie count and servings.
The fast food chain will allow local operators to add up to three items to the value menu.
McDonald's revealed on Wednesday that it is expanding its McPick 2 menu to allow local restaurants to add regional favorites to the value menu.
Ben & Jerry's newest flavor, dubbed "Empower Mint," is a protest of the United States current voting access laws.
CHICAGO, May 18- Target Corp gave a cautious outlook on Wednesday after reporting a lower-than-expected increase in quarterly sales at established stores because of unseasonable weather and weaker demand for electronics and groceries. The stock was down 7.1 percent at $68.27 in the early afternoon. "We're approaching our business with appropriate caution...
A Burger King in Helsinki, Finland is home to not one, but two saunas.
Greencore CEO, Patrick Coveney looks at the state of and consumer trends within the U.K. grocery market.