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Food and Staples Retailing

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  • Midday Glance: Supermarkets companies Friday, 12 Dec 2014 | 1:18 PM ET

    Kroger rose$. 06 or. 1 percent, to $61.95. Safeway rose$. 07 or. 2 percent, to $34.80. Supervalu rose$. 19 or 2.1 percent, to $9.09.

  • Early Glance: Supermarkets companies Friday, 12 Dec 2014 | 10:31 AM ET

    Kroger rose$. 40 or. 6 percent, to $62.29. Safeway rose$. 06 or. 2 percent, to $34.79. Supervalu rose$. 16 or 1.8 percent, to $9.06.

  • LONDON, Dec 11- Dave Lewis, the new boss of Tesco, Britain's biggest grocer, is betting on a customer charm offensive coupled with selective price cuts to prevent poor Christmas trading compounding an already disastrous year for investors. The group, like its big three UK rivals Wal-Mart's Asda, Sainsbury's and Morrisons, has suffered as shoppers turn against the...

  • Final Glance: Supermarkets companies Thursday, 11 Dec 2014 | 6:02 PM ET

    Kroger rose$. 53 or. 9 percent, to $61.89. Safeway rose$. 12 or. 3 percent, to $34.73. Supervalu rose$. 05 or. 6 percent, to $8.90.

  • Dillon to retire from Kroger board Thursday, 11 Dec 2014 | 2:59 PM ET

    CINCINNATI— The Kroger Co. said Thursday that its board chairman and former CEO, David Dillon, will retire at the end of the year after 38 years of service. The supermarket chain operator said Kroger CEO Rodney McMullen will take over as chairman next year. Dillon served as Kroger's chairman from 2004 to 2014 and as chief executive officer from 2003 to 2013. During...

  • Midday Glance: Supermarkets companies Thursday, 11 Dec 2014 | 1:19 PM ET

    Kroger rose$. 65 or 1.1 percent, to $62.01. Safeway rose$. 24 or. 7 percent, to $34.85. Supervalu rose$. 17 or 1.9 percent, to $9.02.

  • Early Glance: Supermarkets companies Thursday, 11 Dec 2014 | 11:28 AM ET

    Kroger rose$. 44 or. 7 percent, to $61.80. Safeway rose$. 17 or. 5 percent, to $34.78. Supervalu rose$. 22 or 2.4 percent, to $9.06.

  • Ahead of the Bell: Walgreen CEO plans to retire Thursday, 11 Dec 2014 | 8:20 AM ET

    Walgreen Co. shares edged higher in premarket trading Thursday, a day after the nation's largest drugstore chain operator announced abruptly that CEO Greg Wasson plans to retire. The Deerfield, Illinois, company said after markets closed Wednesday that Wasson will step down after Walgreen completes its acquisition of European health and beauty retailer...

  • Dec 10- Walgreen Co said Chief Executive Greg Wasson would retire and hand the reins on an interim basis to the head of Alliance Boots Holdings Ltd, a move that follows a series of events that has tested investor confidence in the U.S. drugstore chain. Walgreen said Wasson would step down shortly after it completes the purchase of the 55 percent it does not already...

  • Final Glance: Supermarkets companies Wednesday, 10 Dec 2014 | 6:09 PM ET

    Kroger fell$. 13 or. 2 percent, to $61.36. Safeway fell$. 25 or. 7 percent, to $34.61. Supervalu fell$. 35 or 3.8 percent, to $8.85.

  • Dec 10- U.S. drugstore chain operator Walgreen Co said Chief Executive Greg Wasson would retire after the completion of the company's pending merger with Alliance Boots Holdings Ltd.. Walgreen shares were up 2.3 percent in extended trading. Stefano Pessina, executive chairman of Alliance Boots, would serve as acting CEO, Walgreen said.

  • Walgreen CEO to retire after Alliance Boots' merger Wednesday, 10 Dec 2014 | 5:06 PM ET

    Dec 10- U.S. drugstore chain operator Walgreen Co said Chief Executive Greg Wasson would retire after the completion of its pending merger with Alliance Boots Holdings Ltd.. Walgreen shares were up 2.1 percent in extended trading. Stefano Pessina, executive chairman of Alliance Boots, would serve as acting CEO, Walgreen said.

  • Walgreen CEO Wasson will retire after Boots deal Wednesday, 10 Dec 2014 | 4:39 PM ET

    NEW YORK— Walgreen President and CEO Greg Wasson will retire after the drugstore chain completes its merger with Alliance Boots, which runs the largest drugstore chain in the United Kingdom. Wasson, who started his career at Walgreen, has overseen big changes to Walgreen Co.' s business since he became CEO in February 2009. Early in his tenure Walgreen acquired...

  • Midday Glance: Supermarkets companies Wednesday, 10 Dec 2014 | 1:18 PM ET

    Kroger rose$. 23 or. 4 percent, to $61.72. Safeway fell$. 12 or. 3 percent, to $34.74. Supervalu fell$. 16 or 1.7 percent, to $9.04.

  • Early Glance: Supermarkets companies Wednesday, 10 Dec 2014 | 10:41 AM ET

    Kroger rose$. 69 or 1.1 percent, to $62.18. Safeway rose$. 01 or percent, to $34.87. Supervalu fell$. 06 or. 7 percent, to $9.14.

  • BUDAPEST, Dec 10- Hungary's ruling party wants supermarkets to close on Sundays, a measure likely to hurt big foreign retailers such as Tesco, Auchan and Aldi which say they were also targeted by new taxes. Prime Minister Viktor Orban says he wants to protect the Christian day of rest with the sort of trading restrictions in place in Germany, Austria and other...

  • Final Glance: Supermarkets companies Tuesday, 9 Dec 2014 | 6:10 PM ET

    Kroger rose$. 13 or. 2 percent, to $61.49. Safeway rose$. 01 or percent, to $34.86. Whole Foods Market Inc. rose$. 13 or. 3 percent, to $48.15.

  • Midday Glance: Supermarkets companies Tuesday, 9 Dec 2014 | 1:21 PM ET

    Kroger fell$. 30 or. 5 percent, to $61.06. Supervalu fell$. 25 or 2.7 percent, to $8.93. Whole Foods Market Inc. fell$. 05 or. 1 percent, to $47.97.

  • *Says 2014-15 trading profit will not exceed 1.4 bln stg. *Analysts had expected profit of around 1.9 bln stg. LONDON, Dec 9- Tesco slashed its profit forecasts for the fourth time in five months as its new boss took costly measures to rebuild the British grocer after its recent accounting scandal and dramatic loss of customers in an increasingly cut-throat market.

  • No more shenanigans from Tesco?  Tuesday, 9 Dec 2014 | 11:15 AM ET

    Tesco has issued another profit warning, but CEO Dave Lewis says he is "quietly optimistic". Bruno Monteyne, an analyst at Bernstein, discusses.