American consumers are up in arms about rising food prices and they will likely feel more of a financial pinch, courtesy of California's drought.» Read More
"We temporarily pulled limes about two weeks ago, due to skyrocketing lime prices," says Alaska Airlines spokeswoman Halley Knigge. The average advertised price of a lime in U.S. supermarkets was 56 cents last week, according to the U.S. Department of Agriculture.
Kroger fell$. 24 or. 5 percent, to $44.45. Safeway fell$. 01 or percent, to $37.95. Supervalu fell$. 24 or 3.4 percent, to $6.85.
MUMBAI, April 7- The political party expected to lead India's next government confirmed on Monday it would ban foreign supermarkets from the $500 billion retail sector, a move that would deal a fresh setback to global chains such as Wal-Mart and Carrefour.
LONDON, April 4- Tesco's finance chief Laurie McIlwee quit on Friday, delivering a fresh blow to CEO Philip Clarke who is struggling to turn around the British-based supermarket operator. Shares in the group were down 1.5 percent at 286 pence at 1515 GMT, their lowest level in more than five years.
TOKYO, April 3- Seven& I Holdings Co, the world's biggest convenience store operator, forecast a slowdown in profit growth for the year from March 1 as a sales tax increase erodes earnings at its supermarkets and department stores even as sales remain strong at its 7- Eleven shops.
After years of powering growth for the Coca-Colas and Pepsis of the world, diet is now a drag.
The decline in U.S. sales of carbonated soft drinks accelerated in 2013, according to a beverage industry newsletter.
Researchers found an "association" between using diet drinks and health problems, but can't say the drinks caused the problems.
SUNBURY, Pa., March 28- A judge on Friday loosened an injunction restricting the movements of a Pennsylvania anti-fracking activist to allow her access to her local hospital, grocery and other places declared off-limits because they sat atop land leased for gas extraction.
Lime prices are surging, putting pressure on restaurants, bars and grocery stores.
March 25- Walgreen Co, operator of the largest U.S. drugstore chain, on Tuesday reported a rise in quarterly sales but said a slowdown in the introduction of higher-profit generic medicines cut into its gross profit margin.
Whether rising food costs will translate into a higher restaurant bill depends on where you go, according to CEOS appearing on CNBC.
March 18- Wal-Mart Stores Inc will allow U.S. shoppers to trade in used videogames for anything from groceries to gadgets, a move that could dent the profit of GameStop Corp, the largest dealer of used videogames.
LONDON, March 18- British grocer J Sainsbury's nine-year run of quarterly sales growth came to an end on Tuesday, underlining the pressure on the industry as a battle over prices intensifies in a fragile economic recovery.
Bruno Monteyne, senior analyst at Sanford C. Bernstein, discusses U.K. grocers and explains why he remains bullish on Sainsbury's.
March 18- Wal-Mart Stores Inc said it will allow shoppers to trade in used videogames for anything from groceries to gadgets across its 3,100 stores from March 26.
The group sent a letter on Sunday to chief executive officers of Wal-Mart Stores Inc, supermarket operators Kroger Co, Safeway Inc, which operate pharmacies, and drugstore chains Walgreen Co and Rite Aid Corp.. Wal-Mart, Walgreen, Rite Aid and Kroger all said they were reviewing the letter, while Safeway did not respond to requests for comment.
The companies receiving a letter on Sunday from the group were Wal-Mart Stores Inc, supermarket operators Kroger Co, Safeway Inc, which operate pharmacies, and drugstore chains Walgreen Co and Rite Aid Corp..
LONDON, March 13- Britain's Wm Morrison Supermarkets sparked fears of an industry price war on Thursday after it posted its lowest profit for five years and said it would invest 1 billion pounds in price cuts over three years to win back customers.
*Ocado not rushing into international partnership. LONDON, March 13- British online grocer Ocado sees Amazon's push to sell more groceries as more of an opportunity than a threat, believing it will encourage big international retailers to look for partners to help them get set up in e-commerce.