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Food and Staples Retailing

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  • Early Glance: Supermarkets companies Wednesday, 14 Jan 2015 | 10:41 AM ET

    Kroger fell$. 23 or. 3 percent, to $65.77. Safeway fell$. 02 or. 1 percent, to $35.28. Supervalu fell$. 17 or 1.8 percent, to $9.09.

  • Snack attack! The first potato-chip sandwich café Wednesday, 14 Jan 2015 | 8:41 AM ET

    Simply Crispy is the world's first potato-chip sandwich cafe. But what sets this hipster hangout apart from the others?

  • Final Glance: Supermarkets companies Tuesday, 13 Jan 2015 | 6:15 PM ET

    Safeway rose$. 04 or. 1 percent, to $35.30. Supervalu fell$. 24 or 2.5 percent, to $9.26. Whole Foods Market Inc. fell$. 09 or. 2 percent, to $51.73.

  • Midday Glance: Supermarkets companies Tuesday, 13 Jan 2015 | 1:17 PM ET

    Kroger rose$. 39 or. 6 percent, to $66.39. Safeway rose$. 01 or percent, to $35.27. Supervalu rose$. 10 or 1.1 percent, to $9.60.

  • European shares roused by rally in retailers Tuesday, 13 Jan 2015 | 12:31 PM ET

    LONDON, Jan 13- Retail shares led European equities higher on Tuesday, with expectations of new economic stimulus measures from the European Central Bank also helping to prop up stock markets. German retailer Metro AG climbed 4.5 percent after strong Christmas sales. British supermarket operator Morrison also advanced 4.5 percent as investors welcomed the...

  • Early Glance: Supermarkets companies Tuesday, 13 Jan 2015 | 10:42 AM ET

    Kroger rose$. 56 or. 8 percent, to $66.56. Safeway fell$. 03 or. 1 percent, to $35.24. Supervalu rose$. 18 or 1.9 percent, to $9.68.

  • *Andrew Higginson to become chairman on Jan. 22. LONDON, Jan 13- The intense pressure in Britain's supermarket sector claimed its first scalp of the year on Tuesday with the departure of Morrisons chief executive Dalton Philips following a plunge in Christmas sales from Britain's No. 4 grocer. The firm, which has been slow to expand into stronger parts of the market...

  • LONDON, Jan 13- The intense pressure building on the British retail sector claimed its first scalp of the year on Tuesday with the departure of Morrisons CEO Dalton Philips following weak Christmas trading from Britain's No. 4 grocer. The Bradford, northern England, based group posted the worst Christmas performance of Britain's listed supermarkets, with...

  • Morrisons says CEO to go after Christmas sales fall Tuesday, 13 Jan 2015 | 2:15 AM ET

    LONDON, Jan 13- Morrisons, Britain's No. 4 grocer, said its chief executive would step down after the firm posted the worst Christmas performance of Britain's listed supermarkets. The Bradford, northern England, based group which trails troubled market leader Tesco, Wal-Mart's Asda and Sainsbury's in annual sales, said on Tuesday it had started the search for a...

  • SAN FRANCISCO, Jan 12- Online-grocery delivery service Instacart said venture firm Kleiner Perkins Caufield& Byers led its latest funding round totalling $220 million. The company will use the cash to grow into new markets, both internationally and in the United States, Chief Executive Officer Apoorva Mehta said in an interview. Unlike grocery-delivery...

  • Final Glance: Supermarkets companies Monday, 12 Jan 2015 | 6:36 PM ET

    Kroger rose$. 16 or. 2 percent, to $66.00. Safeway rose$. 02 or. 1 percent, to $35.26. Supervalu rose$. 04 or. 4 percent, to $9.50.

  • Midday Glance: Supermarkets companies Monday, 12 Jan 2015 | 1:23 PM ET

    Kroger fell$. 26 or. 4 percent, to $65.58. Safeway fell$. 01 or percent, to $35.23. Supervalu rose$. 10 or 1.1 percent, to $9.56.

  • Early Glance: Supermarkets companies Monday, 12 Jan 2015 | 10:45 AM ET

    Kroger fell$. 52 or. 8 percent, to $65.32. Safeway fell$. 02 or. 1 percent, to $35.22. Supervalu rose$. 25 or 2.6 percent, to $9.71.

  • LONDON, Jan 9- The downgrading of Tesco's debt to "junk" status could limit its bargaining power on asset sales as well as symbolising the decline in fortunes of Britain's biggest retailer. That spoiled a day when Tesco's shares had risen as much as 15 percent after the grocer reported Christmas trading that was not as bad as feared and investors welcomed plans...

  • SHANGHAI, Jan 9- China will allow online sales of prescription drugs as early as this month, a policy that will open up an over 1 trillion yuan market to online pharmacy operators like Alibaba Group Holding Ltd and Wal-Mart Stores Inc.. The policy would help reform a fragmented and opaque market controlled by state-run distributors and hospitals, brought into...

  • By Martinne Geller and Paul Sandle. LONDON, Jan 8- Tesco is betting that a more consistent approach to pricing on hundreds of branded products will enable it to compete better with discount supermarkets, improve relationships with suppliers and direct more shoppers to higher-margin items. As Britain's No. 1 grocer fights to overcome the biggest crisis in its...

  • European shares advance on Fed minutes, Tesco rallies Thursday, 8 Jan 2015 | 4:16 AM ET

    LONDON, Jan 8- European shares rose sharply on Thursday, tracking gains in the United States and Asia, as retail stocks rallied and the minutes from the Fed's recent meeting reassured investors that it was not in a hurry to start raising rates. Shares in Britain's biggest grocer Tesco surged 5.8 percent, the top gainer in the FTSEurofirst 300 index, after saying it...

  • European shares rise on Fed minutes, Tesco jumps Thursday, 8 Jan 2015 | 3:23 AM ET

    LONDON, Jan 8- European shares rose sharply on Thursday, tracking gains in the United States and Asia, as retail stocks rallied and the minutes from the Fed's recent meeting reassured investors that it was not in a hurry to start raising rates. Shares in Britain's biggest grocer Tesco surged 5 percent, the top gainer in the pan-European FTSEurofirst 300 index,...

  • LONDON, Jan 8- Britain's biggest grocer Tesco plans to sell assets and cut hundreds of millions of pounds of costs to fund lower prices in store as part of its plan to fight back from the biggest crisis in its 95- year-history. Seeking to recover from four profit warnings and an accounting scandal last year, new Tesco boss Dave Lewis unveiled his plan alongside a...

  • LONDON, Jan 8- Tesco delivered its first salvo in a fight back against the growth of discount supermarkets on Thursday by cutting the price of hundreds of branded products such as Hovis bread, Kellogg's cornflakes and Stella Artois lager. Britain's biggest supermarket group, like rivals Asda, Sainsbury's and Morrisons, is losing sales to discounters Lidl and...