Food and Staples Retailing


  • Some airlines drop limes from beverage service Monday, 7 Apr 2014 | 4:20 PM ET

    "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.

  • Midday Glance: Supermarkets companies Monday, 7 Apr 2014 | 1:50 PM ET

    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.

  • Beverage sector's big problem—consumers ditch diet Monday, 31 Mar 2014 | 5:55 PM ET

    After years of powering growth for the Coca-Colas and Pepsis of the world, diet is now a drag.

  • Pop! Fizzy drinks go flat as more in US skip sodas Monday, 31 Mar 2014 | 1:48 PM ET

    The decline in U.S. sales of carbonated soft drinks accelerated in 2013, according to a beverage industry newsletter.

  • Diet drink use linked with heart disease and death Saturday, 29 Mar 2014 | 12:50 PM ET

    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.

  • Why margarita drinkers are seeing double Tuesday, 25 Mar 2014 | 1:46 PM ET

    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.

  • Food costs rising, but will you feel the pinch? Friday, 21 Mar 2014 | 11:58 AM ET

    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.

  • Time to buy Sainsbury's?     Tuesday, 18 Mar 2014 | 6:45 AM ET

    Bruno Monteyne, senior analyst at Sanford C. Bernstein, discusses U.K. grocers and explains why he remains bullish on Sainsbury's.

  • Wal-Mart to let shoppers exchange used videogames Tuesday, 18 Mar 2014 | 1:48 AM ET

    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 sees opportunities from Amazon move into groceries Thursday, 13 Mar 2014 | 10:25 AM ET

    *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.

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Wednesday, 16 Apr 2014 | 12:00 AM ET

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