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Food and Staples Retailing

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  • LONDON, Oct 23- The chairman of Britain's biggest grocery chain, Tesco, announced his resignation on Thursday after the company reported a bigger than expected hole in its finances and said accounting transgressions went back further than initially thought. Tesco, Britain's biggest private employer and once the juggernaut of its retail sector, has lost half...

  • LONDON, Oct 23- Tesco reported a bigger than expected hole in its accounts on Thursday after finding mistakes in booking income had gone back further than initially thought, forcing Britain's biggest grocer to scrap its full-year profit outlook. Tesco, once the unstoppable juggernaut of Britain's retailers, has in recent years been battling fierce...

  • LONDON, Oct 23- Britain's biggest grocer Tesco reported a larger than expected hole in its accounts on Thursday, forcing it to scrap its full-year trading profit outlook. Tesco, which has lost a fifth of its market value in the last month, scrapped the outlook as its second-quarter underlying domestic sales fell sharply, down 5.5 percent. The group said last month...

  • Final Glance: Supermarkets companies Wednesday, 22 Oct 2014 | 6:09 PM ET

    Kroger rose$. 40 or. 7 percent, to $54.09. Safeway rose$. 06 or. 2 percent, to $34.06. Supervalu fell$. 26 or 3.1 percent, to $8.08.

  • Midday Glance: Supermarkets companies Wednesday, 22 Oct 2014 | 1:18 PM ET

    Kroger rose$. 84 or 1.6 percent, to $54.53. Safeway rose$. 12 or. 3 percent, to $34.12. Supervalu fell$. 15 or 1.8 percent, to $8.19.

  • Early Glance: Supermarkets companies Wednesday, 22 Oct 2014 | 10:36 AM ET

    Kroger rose$. 59 or 1.1 percent, to $54.28. Safeway rose$. 09 or. 3 percent, to $34.09. Supervalu rose$. 05 or. 6 percent, to $8.39.

  • Final Glance: Supermarkets companies Tuesday, 21 Oct 2014 | 6:02 PM ET

    Kroger rose$. 84 or 1.6 percent, to $53.69. Safeway rose$. 06 or. 2 percent, to $34.00. Supervalu rose$. 12 or 1.5 percent, to $8.34.

  • Midday Glance: Supermarkets companies Tuesday, 21 Oct 2014 | 1:43 PM ET

    Kroger rose$. 73 or 1.4 percent, to $53.58. Safeway rose$. 06 or. 2 percent, to $34.00. Supervalu rose$. 12 or 1.5 percent, to $8.34.

  • Early Glance: Supermarkets companies Tuesday, 21 Oct 2014 | 11:56 AM ET

    Kroger rose$. 17 or. 3 percent, to $53.02. Safeway rose$. 02 or. 1 percent, to $33.96. Supervalu rose$. 07 or. 9 percent, to $8.29.

  • Final Glance: Supermarkets companies Monday, 20 Oct 2014 | 6:05 PM ET

    Kroger rose $1.20 or 2.3 percent, to $52.85. Safeway rose$. 25 or. 7 percent, to $33.94. Supervalu rose$. 15 or 1.9 percent, to $8.22.

  • Midday Glance: Supermarkets companies Monday, 20 Oct 2014 | 1:23 PM ET

    Kroger rose$. 70 or 1.4 percent, to $52.35. Safeway rose$. 30 or. 9 percent, to $33.99. Supervalu rose$. 18 or 2.2 percent, to $8.25.

  • Early Glance: Supermarkets companies Monday, 20 Oct 2014 | 10:40 AM ET

    Kroger rose$. 43 or. 8 percent, to $52.08. Safeway rose$. 25 or. 7 percent, to $33.94. Supervalu rose$. 16 or 1.9 percent, to $8.23.

  • Court rejects appeal from Duane Reade Ex-CEO, CFO Monday, 20 Oct 2014 | 9:38 AM ET

    WASHINGTON— The Supreme Court has rejected appeals from two former executives of New York City drugstore chain Duane Reade Inc. who were convicted of securities fraud. The men were convicted of scheming to falsely inflate the income and reduce the expenses Duane Reade reported to investors. Walgreen Co. purchased privately held Duane Reade in 2010..

  • *Carrefour 5 pct dearer than Lidl vs 20 pct premium in UK- LEK. PARIS/ BERLIN, Oct 20- The success of French retailers in stopping the advance of discounters in the last five years shows a way out of the crisis embroiling Britain's "big four" grocers. In Britain, Tesco, Wal-Mart's Asda, Sainsbury and Morrison are all losing shoppers to discounters Aldi and Lidl, which have...

  • Final Glance: Supermarkets companies Friday, 17 Oct 2014 | 6:03 PM ET

    Kroger rose$. 43 or. 8 percent, to $51.65. Safeway rose$. 34 or 1.0 percent, to $33.69. Supervalu fell$. 08 or 1.0 percent, to $8.07.

  • Midday Glance: Supermarkets companies Friday, 17 Oct 2014 | 1:21 PM ET

    Kroger rose$. 16 or. 3 percent, to $51.38. Supervalu fell$. 05 or. 6 percent, to $8.10. Whole Foods Market Inc. fell$. 05 or. 1 percent, to $36.82.

  • Publix recalls snack mix that had peanuts Friday, 17 Oct 2014 | 12:02 PM ET

    NEW YORK— Supermarket chain Publix is recalling a snack mix because the label doesn't warn shoppers that it contains peanuts. Publix Asian Mix was sold at all its stores in Florida, Georgia, South Carolina, Alabama, Tennessee and North Carolina. Customers who bought the product can return it to a Publix store for a full refund.

  • Early Glance: Supermarkets companies Friday, 17 Oct 2014 | 10:39 AM ET

    Kroger rose$. 09 or. 2 percent, to $51.31. Safeway rose$. 41 or 1.2 percent, to $33.76. Supervalu rose$. 01 or. 1 percent, to $8.16.

  • Final Glance: Supermarkets companies Thursday, 16 Oct 2014 | 6:02 PM ET

    Kroger fell $1.12 or 2.1 percent, to $51.22. Safeway rose$. 07 or. 2 percent, to $33.35. Supervalu fell$. 40 or 4.7 percent, to $8.15.

  • Midday Glance: Supermarkets companies Thursday, 16 Oct 2014 | 1:21 PM ET

    Kroger fell$. 85 or 1.6 percent, to $51.49. Safeway fell$. 15 or. 5 percent, to $33.13. Supervalu fell$. 34 or 4.0 percent, to $8.21.