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Food and Staples Retailing

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  • 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.

  • Final Glance: Supermarkets companies Thursday, 23 Oct 2014 | 6:02 PM ET

    Kroger rose$. 20 or. 4 percent, to $54.29. Safeway rose$. 05 or. 1 percent, to $34.11. Supervalu rose$. 03 or. 4 percent, to $8.11.

  • MEXICO CITY, Oct 23- Retailer Grupo Comercial Chedraui, Mexico's No.3 supermarket chain, is exploring possible acquisitions at home, the company's chief executive said on Thursday, declining to comment on reports that the firm is seeking to acquire rival Comerci. The purchase of Comerci would turn Chedraui into Mexico's second largest supermarket chain in...

  • Midday Glance: Supermarkets companies Thursday, 23 Oct 2014 | 1:51 PM ET

    Kroger rose$. 30 or. 6 percent, to $54.39. Safeway rose$. 05 or. 1 percent, to $34.11. Supervalu rose$. 05 or. 6 percent, to $8.13.

  • Early Glance: Supermarkets companies Thursday, 23 Oct 2014 | 11:56 AM ET

    Kroger rose$. 37 or. 7 percent, to $54.46. Safeway rose$. 02 or. 1 percent, to $34.08. Supervalu rose$. 07 or. 9 percent, to $8.15.

  • 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...