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Food and Staples Retailing

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  • CVS exec: Ending tobacco sales the right thing Thursday, 30 Oct 2014 | 4:46 AM ET

    CHARLESTON, S.C.— A top executive of CVS Caremark said Thursday that ending tobacco sales at CVS drug stores last month was the right thing to do even though the sales brought in $1 billion in revenue. William Fulcher III, the company's vice president of clinical affairs, asked a medical conference on tobacco research at the Medical University of South Carolina.

  • Study: Mislabeled shrimp at restaurants, grocers Thursday, 30 Oct 2014 | 4:29 AM ET

    NEW ORLEANS— Consumers around the nation can't be sure what kind of shrimp they're buying if they simply look at the label or menu at supermarkets, grocers and restaurants, an advocacy group says. Oceana did a DNA-based survey of shrimp sold at outlets in New York City; Washington, D.C.; Portland, Oregon; and various spots around the Gulf of Mexico.

  • Final Glance: Supermarkets companies Wednesday, 29 Oct 2014 | 6:02 PM ET

    Kroger fell$. 08 or. 1 percent, to $54.55. Safeway rose$. 57 or 1.7 percent, to $34.70. Supervalu rose$. 08 or. 9 percent, to $8.52.

  • Midday Glance: Supermarkets companies Wednesday, 29 Oct 2014 | 1:41 PM ET

    Kroger fell$. 02 or percent, to $54.61. Safeway rose$. 63 or 1.8 percent, to $34.76. Supervalu rose$. 05 or. 6 percent, to $8.49.

  • Early Glance: Supermarkets companies Wednesday, 29 Oct 2014 | 10:53 AM ET

    Kroger rose$. 23 or. 4 percent, to $54.86. Safeway rose$. 58 or 1.7 percent, to $34.71. Supervalu rose$. 09 or 1.1 percent, to $8.53.

  • Grocery chain sues Clorox for price discrimination Wednesday, 29 Oct 2014 | 6:47 AM ET

    MADISON, Wis.— The Woodman's grocery store chain is suing Clorox Corp., alleging price discrimination. In a lawsuit filed Tuesday in U.S. District Court in Madison, Woodman's claims Clorox will only make large packs of products available to warehouse clubs, including Costco and Sam's Club. The lawsuit alleges that Clorox told Woodman's it was changing its...

  • MOSCOW, Oct 29- Russian supermarket operator X5 Retail Group NV raised its revenue forecast to 17-19 percent this year after posting a 49 percent increase in third-quarter net profit as it weathered a food import ban by sticking with low prices. Russia's second biggest food retailer had forecasted a 10-12 percent rise. The increase in forecasts and cut in capex...

  • Final Glance: Supermarkets companies Tuesday, 28 Oct 2014 | 6:14 PM ET

    Kroger rose$. 06 or. 1 percent, to $54.63. Safeway rose$. 04 or. 1 percent, to $34.13. Supervalu rose$. 39 or 4.8 percent, to $8.44.

  • Midday Glance: Supermarkets companies Tuesday, 28 Oct 2014 | 1:25 PM ET

    Kroger fell$. 08 or. 1 percent, to $54.49. Safeway rose$. 04 or. 1 percent, to $34.13. Supervalu rose$. 24 or 3.0 percent, to $8.29.

  • Early Glance: Supermarkets companies Tuesday, 28 Oct 2014 | 10:31 AM ET

    Kroger fell$. 12 or. 2 percent, to $54.45. Supervalu rose$. 10 or 1.2 percent, to $8.15. Whole Foods Market Inc. fell$. 17 or. 4 percent, to $38.28.

  • Apple CEO fires back as retailers block Pay Tuesday, 28 Oct 2014 | 1:11 AM ET

    LAGUNA BEACH, Calif., Oct 27- Apple Inc CEO Tim Cook fired back at CVS and Rite Aid on Monday after the drugstore chains blocked the iPhone maker's mobile payments service, saying there were plenty of other retailers around the world to sign up. It already totes up more transactions than all other "contactless" payment methods combined, Cook said, citing Visa and...

  • Final Glance: Supermarkets companies Monday, 27 Oct 2014 | 6:06 PM ET

    Kroger rose$. 38 or. 7 percent, to $54.57. Safeway fell$. 03 or. 1 percent, to $34.09. Supervalu fell$. 03 or. 4 percent, to $8.05.

  • CHICAGO, Oct 27- U.S. drugstore chain Rite Aid Corp will ban Apple Inc's new electronic payments service in its 4,572 stores as it commits to joining a consortium of other large retailers developing a rival payments system. The rival system, called Current C, is being developed by Merchants Customer Exchange, a consortium of merchants that includes Rite Aid and...

  • Midday Glance: Supermarkets companies Monday, 27 Oct 2014 | 1:17 PM ET

    Kroger rose$. 30 or. 5 percent, to $54.49. Safeway fell$. 02 or. 1 percent, to $34.10. Supervalu fell$. 16 or 1.9 percent, to $7.93.

  • Early Glance: Supermarkets companies Monday, 27 Oct 2014 | 10:40 AM ET

    Kroger rose$. 24 or. 4 percent, to $54.43. Supervalu fell$. 16 or 2.0 percent, to $7.92. Whole Foods Market Inc. fell$. 06 or. 1 percent, to $37.66.

  • Family 'heirloom': Deliverance for gluten-averse? Sunday, 26 Oct 2014 | 2:00 PM ET

    With all the buzz around gluten-free products, heirloom grains, which have lower gluten content than wheat, are getting more attention.

  • Final Glance: Supermarkets companies Friday, 24 Oct 2014 | 6:35 PM ET

    Kroger fell$. 10 or. 2 percent, to $54.19. Safeway rose$. 01 or percent, to $34.12. Supervalu fell$. 03 or. 4 percent, to $8.08.

  • *Ratings downgrades hit bonds and credit default swaps. LONDON, Oct 24- Investors demanded higher yields to hold Tesco's debt on Friday while the cost of insuring against default rose sharply after ratings downgrades left Britain's biggest grocer hovering just above junk status. "The ratings remain on review for downgrade because Tesco has not yet announced...

  • Midday Glance: Supermarkets companies Friday, 24 Oct 2014 | 1:17 PM ET

    Kroger fell$. 14 or. 3 percent, to $54.15. Safeway fell$. 01 or percent, to $34.10. Supervalu fell$. 04 or. 5 percent, to $8.07.

  • Early Glance: Supermarkets companies Friday, 24 Oct 2014 | 10:40 AM ET

    Kroger fell$. 08 or. 1 percent, to $54.21. Safeway fell$. 01 or percent, to $34.10. Supervalu fell$. 04 or. 5 percent, to $8.07.