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Food and Staples Retailing

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  • Early Glance: Supermarkets companies Friday, 20 Feb 2015 | 10:50 AM ET

    Kroger rose$. 08 or. 1 percent, to $72.52. Supervalu fell$. 03 or. 3 percent, to $10.23. Whole Foods Market Inc. fell$. 22 or. 4 percent, to $56.41.

  • Final Glance: Supermarkets companies Thursday, 19 Feb 2015 | 6:03 PM ET

    Kroger fell$. 99 or 1.3 percent, to $72.44. Supervalu fell$. 17 or 1.6 percent, to $10.26. Whole Foods Market Inc. fell$. 57 or 1.0 percent, to $56.63.

  • Midday Glance: Supermarkets companies Thursday, 19 Feb 2015 | 1:28 PM ET

    Kroger fell$. 90 or 1.2 percent, to $72.53. Supervalu fell$. 11 or 1.1 percent, to $10.32. Whole Foods Market Inc. fell$. 52 or. 9 percent, to $56.68.

  • CARACAS, Feb 19- The U.S.-based owner of a supermarket chain taken over by Venezuela's socialist government hopes to recover his business despite accusations of hoarding goods to inflate shopping lines. Dia Dia owner Jose Vicente Aguerrevere, a Venezuelan who now lives in Boston after spending most of his life in Europe and the United States, told Reuters by...

  • Early Glance: Supermarkets companies Thursday, 19 Feb 2015 | 10:51 AM ET

    Kroger fell$. 78 or 1.1 percent, to $72.65. Supervalu fell$. 04 or. 4 percent, to $10.39. Whole Foods Market Inc. fell$. 26 or. 5 percent, to $56.94.

  • *Carrefour to open first Kenya store this year. *Kenya seen as gateway to regional trade. Kenya, with a GDP of $53.4 billion, is a gateway to regional trade, but it holds other attractions for retail investors.

  • UK's Asda sales hurt by supermarket price war Thursday, 19 Feb 2015 | 7:14 AM ET

    LONDON, Feb 19- Supermarket Asda, the British arm of United States retailer Wal-Mart, said on Thursday same store sales fell in its Christmas quarter, hurt by an escalating industry price war. Asda, which trails UK market leader Tesco by annual revenue, said sales at stores open over a year, excluding fuel, were down 2.6 percent on a year ago in the 12 weeks to Jan. 4, its...

  • Can maker Rexam gets $6.85B offer from US rival Ball Thursday, 19 Feb 2015 | 4:37 AM ET

    British drinks can maker Rexam said US rival Ball Corp offered to buy the company in a cash-and-stock deal valued at about $6.85 billion.

  • Final Glance: Supermarkets companies Wednesday, 18 Feb 2015 | 6:30 PM ET

    Kroger rose$. 18 or. 2 percent, to $73.43. Supervalu rose$. 13 or 1.3 percent, to $10.43. Whole Foods Market Inc. rose $1.27 or 2.3 percent, to $57.20.

  • Tesco hires turnaround man to steer recovery Wednesday, 18 Feb 2015 | 12:01 PM ET

    LONDON, Feb 18- John Allan's credentials as a turnaround specialist have given the 66- year-old the chance to make his mark on Britain's cut-throat grocery industry as chairman of troubled Tesco, some 35 years after he left the supermarket sector. Described by analysts as "a shrewd operator" and "a safe pair of hands," Allan joins Britain's biggest retailer armed...

  • Early Glance: Supermarkets companies Wednesday, 18 Feb 2015 | 10:54 AM ET

    Kroger rose$. 11 or. 2 percent, to $73.36. Supervalu rose$. 12 or 1.2 percent, to $10.42. Whole Foods Market Inc. rose$. 13 or. 2 percent, to $56.06.

  • Final Glance: Supermarkets companies Tuesday, 17 Feb 2015 | 6:10 PM ET

    Kroger rose$. 39 or. 5 percent, to $73.25. Supervalu rose$. 09 or. 9 percent, to $10.30. Whole Foods Market Inc. fell$. 22 or. 4 percent, to $55.93.

  • UPDATE 2-Walmex fourth-quarter profit jumps 42 pct Tuesday, 17 Feb 2015 | 5:22 PM ET

    MEXICO CITY, Feb 17- Wal-Mart de Mexico, the country's biggest retailer, said on Tuesday fourth-quarter profit rose more than 40 percent, helped by a pickup in revenue and asset sales. Walmex has been selling non-core assets in Mexico as it seeks to focus on its supermarket business. The company, which is controlled by Wal-Mart Stores Inc, sold its restaurant...

  • Midday Glance: Supermarkets companies Tuesday, 17 Feb 2015 | 1:32 PM ET

    Kroger rose$. 38 or. 5 percent, to $73.24. Supervalu rose$. 14 or 1.4 percent, to $10.35. Whole Foods Market Inc. fell$. 06 or. 1 percent, to $56.09.

  • Early Glance: Supermarkets companies Tuesday, 17 Feb 2015 | 11:00 AM ET

    Kroger fell$. 11 or. 2 percent, to $72.75. Supervalu rose$. 04 or. 4 percent, to $10.25. Whole Foods Market Inc. rose$. 20 or. 4 percent, to $56.35.

  • Feb 17- CVS Health Corp, the second-largest U.S. pharmacy chain operator, has warned that a new class of drugs being developed to lower "bad" cholesterol could cost the U.S. healthcare system as much as $150 billion per year. The new class of cholesterol drugs called PCSK9 inhibitors could be priced in the range of $7,000- $12,000 per year, CVS said.

  • *Ousted CEO Dalton Philips to leave firm on Feb. 16. LONDON, Feb 12- Britain's No.4 supermarket group Morrisons said finance director Trevor Strain would take on chief executive duties while a successor is sought to replace Dalton Philips, who was ousted as CEO in January after poor Christmas trading. The Bradford, northern England- based firm said on Thursday that...

  • Feb 11- Drugstore operator Rite Aid Corp agreed to buy pharmacy benefit manager EnvisionRx for about $2 billion, looking to cut drug procurement costs as reimbursement rates fall. Rite Aid's deal comes nearly a decade after larger rival CVS Health Corp bought Caremark Rx for $21 billion, the only other example of a drug chain buying a benefits manager.

  • UPDATE 1-Whole Foods sales accelerate, shares rise Wednesday, 11 Feb 2015 | 4:50 PM ET

    Feb 11- Whole Foods Market Inc on Wednesday said same-store sales have accelerated, helped by stronger consumer confidence and shoppers' positive response to the upscale grocer's price cutting and its first national advertising campaign. Shares in the largest U.S. organic and natural food supermarket were up 2.1 percent in extended trading after the news...

  • Whole Foods profits beat as sales hit record high Wednesday, 11 Feb 2015 | 4:04 PM ET

    Whole Foods delivered quarterly earnings that beat analysts' expectations on Wednesday, while sales figures were in line.