GO
Loading...

Food and Staples Retailing

More

  • Hipster hangouts: Cereal, bikes and Brecht Friday, 19 Dec 2014 | 1:28 AM ET

    Cereal Killer Cafe opened last week in London's hip East End. Here, CNBC looks at some of world's craziest hipster hangouts.

  • Final Glance: Supermarkets companies Thursday, 18 Dec 2014 | 8:09 PM ET

    Kroger rose $1.18 or 1.9 percent, to $63.64. Safeway rose$. 21 or. 6 percent, to $34.95. Supervalu rose$. 17 or 1.8 percent, to $9.49.

  • Midday Glance: Supermarkets companies Thursday, 18 Dec 2014 | 1:48 PM ET

    Kroger rose$. 83 or 1.3 percent, to $63.29. Safeway rose$. 19 or. 5 percent, to $34.93. Supervalu rose$. 05 or. 5 percent, to $9.37.

  • Early Glance: Supermarkets companies Thursday, 18 Dec 2014 | 11:11 AM ET

    Kroger rose$. 94 or 1.5 percent, to $63.40. Safeway rose$. 06 or. 2 percent, to $34.79. Supervalu rose$. 07 or. 8 percent, to $9.39.

  • Dec 18- Rite Aid Corp, the third largest U.S. drugstore chain, raised its full-year earnings forecast after cutting it twice this year as higher sales of prescription drugs pushed up its profit and revenue in the third quarter. Rite Aid's shares jumped 13.3 percent to $6.87 in heavy premarket trading. Rite Aid, which sells over-the-counter drugs, personal care...

  • Rite Aid's quarterly profit jumps 46.5 pct Thursday, 18 Dec 2014 | 7:20 AM ET

    Dec 18- U.S. drugstore chain Rite Aid Corp's quarterly profit jumped 46.5 percent as higher sales of prescription drugs boosted same-store sales. The company's net income rose to $104.9 million, or 10 cents per share, in the third quarter ended Nov. 29 from $71.6 million, or 4 cents per share, a year earlier. Total revenue rose 5.3 percent to $6.69 billion.

  • CAMP HILL, Pa.— Shares of Rite Aid soared Thursday after the nation's third-largest drugstore chain reported a 47 percent jump in fiscal third-quarter earnings and hiked its annual forecast after dropping it for two straight quarters. Rite Aid now expects fiscal 2015 earnings of between 31 cents and 37 cents per share on $26.25 billion to $26.4 billion in...

  • PARIS, Dec 18- Supermarkets group Carrefour has sold a 10 percent stake in its Brazilian business to billionaire Abilio Diniz, securing local retail expertise to support growth in its second largest market and in a first step towards a separate listing. Carrefour said the transaction had closed, and that "this opening of the capital of the Brazilian subsidiary...

  • Final Glance: Supermarkets companies Wednesday, 17 Dec 2014 | 7:08 PM ET

    Kroger rose$. 96 or 1.6 percent, to $62.46. Safeway rose$. 13 or. 4 percent, to $34.74. Supervalu rose$. 45 or 5.1 percent, to $9.32.

  • SAO PAULO, Dec 17- Brazilian billionaire Abilio Diniz agreed to buy a 10 percent stake in Carrefour SA's Brazilian unit, a source with direct knowledge of the situation said on Wednesday, potentially strengthening its ability to take on the supermarket chain Diniz's father founded. Under terms of the deal, Diniz, whose Peninsula Participações holding...

  • Midday Glance: Supermarkets companies Wednesday, 17 Dec 2014 | 1:17 PM ET

    Kroger rose$. 39 or. 6 percent, to $61.89. Safeway rose$. 17 or. 5 percent, to $34.78. Supervalu rose$. 24 or 2.7 percent, to $9.11.

  • Early Glance: Supermarkets companies Wednesday, 17 Dec 2014 | 10:16 AM ET

    Kroger rose$. 11 or. 2 percent, to $61.61. Safeway rose$. 07 or. 2 percent, to $34.68. Whole Foods Market Inc. rose$. 11 or. 2 percent, to $47.99.

  • Final Glance: Supermarkets companies Tuesday, 16 Dec 2014 | 6:41 PM ET

    Kroger fell$. 03 or percent, to $61.50. Safeway fell$. 04 or. 1 percent, to $34.61. Supervalu rose$. 01 or. 1 percent, to $8.87.

  • Midday Glance: Supermarkets companies Tuesday, 16 Dec 2014 | 1:20 PM ET

    Kroger rose$. 61 or 1.0 percent, to $62.14. Safeway rose$. 07 or. 2 percent, to $34.72. Supervalu rose$. 03 or. 3 percent, to $8.89.

  • Early Glance: Supermarkets companies Tuesday, 16 Dec 2014 | 10:20 AM ET

    Kroger rose$. 10 or. 2 percent, to $61.63. Safeway fell$. 03 or. 1 percent, to $34.62. Supervalu rose$. 02 or. 2 percent, to $8.88.

  • CVS Health hikes dividend, expects growth Tuesday, 16 Dec 2014 | 9:18 AM ET

    CVS Health will raise its quarterly shareholder payout by 27 percent, and the nation's second-largest drugstore chain also said Tuesday that it expects another year of earnings growth in 2015.. CVS Health drew national attention earlier this year when it announced a plan to stop selling tobacco products in its stores as it sharpens its focus on delivering...

  • Final Glance: Supermarkets companies Monday, 15 Dec 2014 | 6:08 PM ET

    Kroger fell$. 02 or percent, to $61.53. Safeway rose$. 05 or. 1 percent, to $34.65. Supervalu fell$. 17 or 1.9 percent, to $8.86.

  • Midday Glance: Supermarkets companies Monday, 15 Dec 2014 | 1:43 PM ET

    Kroger rose$. 04 or. 1 percent, to $61.59. Safeway rose$. 18 or. 5 percent, to $34.78. Supervalu fell$. 08 or. 9 percent, to $8.95.

  • Early Glance: Supermarkets companies Monday, 15 Dec 2014 | 12:00 PM ET

    Kroger rose$. 58 or. 9 percent, to $62.13. Safeway rose$. 16 or. 5 percent, to $34.76. Supervalu fell$. 03 or. 3 percent, to $9.00.

  • Final Glance: Supermarkets companies Friday, 12 Dec 2014 | 6:03 PM ET

    Kroger fell$. 34 or. 5 percent, to $61.55. Safeway fell$. 13 or. 4 percent, to $34.60. Supervalu rose$. 13 or 1.5 percent, to $9.03.