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Food and Staples Retailing

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  • Walgreen tests virtual doctor visits through app Monday, 8 Dec 2014 | 3:11 PM ET

    Walgreen is testing a new telemedicine service that lets patients see a doctor without leaving home or visiting any of the drugstore chain's clinics. The Deerfield, Illinois, company said Monday that patients in California or Michigan can now contact a physician around the clock through Walgreen's mobile application for smartphones or tablet computers.

  • Midday Glance: Supermarkets companies Monday, 8 Dec 2014 | 1:20 PM ET

    Kroger rose$. 71 or 1.2 percent, to $61.69. Safeway rose$. 10 or. 3 percent, to $34.80. Supervalu fell$. 01 or. 1 percent, to $9.33.

  • Early Glance: Supermarkets companies Monday, 8 Dec 2014 | 10:22 AM ET

    Kroger rose$. 34 or. 6 percent, to $61.32. Safeway rose$. 04 or. 1 percent, to $34.74. Supervalu rose$. 03 or. 3 percent, to $9.37.

  • Got synthetic milk? Scientists make dairy in a lab Thursday, 4 Dec 2014 | 4:19 PM ET

    The scientists at Muufri have bioengineered lab-grown cow's milk in attempt to address the environmental and ethical problems with dairy farming.

  • Dec 4- Kroger Co, the biggest U.S. supermarket operator, reported quarterly profit above Wall Street's expectations and raised its adjusted profit forecast for the year, helped by the acquisition of Harris Teeter Supermarkets Inc.. Kroger completed its $2.5 billion acquisition of Harris Teeter in January, adding more than 200 supermarkets, mostly in the...

  • Kroger profit jumps 21 pct in third quarter Thursday, 4 Dec 2014 | 8:41 AM ET

    Dec 4- Kroger Co, the biggest U.S. supermarket operator, reported a 21 percent jump in quarterly profit, helped by the acquisition of Harris Teeter Supermarkets Inc, sending its shares up 5 percent in premarket trading. Net income attributable to Kroger rose to $362 million, or 73 cents per share, in the third quarter ended Nov. 8, from $299 million, or 57 cents per share, a...

  • Short sellers aim at the chicken AND the egg Wednesday, 3 Dec 2014 | 7:00 AM ET
    Chickens gather around a feeder at a farm in Osage, Iowa.

    Poultry producer stocks have surged in part due to pricing power and strong demand, but investors are betting that this trend will reverse.

  • BERLIN/ LONDON, Nov 27- Subdued food price inflation in Europe is unlikely to pick up any time soon, adding to the pressure on mainstream grocers as they struggle with changing shopping habits and competition from discounters. Prices paid in Europe for fast-moving consumer goods rose at their slowest pace since 2010 in the third quarter, and fell in Spain, France...

  • Online grocers pick up amid India's e-commerce boom Wednesday, 26 Nov 2014 | 6:32 PM ET

    Put off by snarled city traffic and a shortage of parking, more Indians are shopping for groceries online, helping e-tailers turn in profits.

  • Online grocers come up trumps in India's e-commerce boom Wednesday, 26 Nov 2014 | 4:00 PM ET

    By contrast, analysts say supermarkets like More, owned by the Aditya Birla Group, and Reliance Industries Ltd's Reliance Fresh are struggling to attract enough customers to make a profit as they compete with the small neighbourhood stores where most people buy food. "You can go shop at a Walmart or Tesco in the U.S. and U.K. and they have parking.

  • New FDA rules will put calorie counts on menus Tuesday, 25 Nov 2014 | 3:43 AM ET
    Water menu at Ray's and Stark in Los Angeles.

    Whether they want to or not, consumers will soon know how many calories they are eating when ordering off the menu at chain restaurants.

  • Cheers or tears: Are Brits in for cheaper beer? Friday, 21 Nov 2014 | 5:40 AM ET

    A end of a 400-year-old rule that means British pubs can now pick and choose their ales, won't lead to cheaper beer, a major pub boss warned.

  • Talking turkey: Cost of Thanksgiving ticks higher Thursday, 20 Nov 2014 | 2:00 AM ET

    Gobble gobble! Despite high commodity prices, Thanksgiving costs are only marginally higher this year.

  • *Foreigners dominate Hungary retail market. BUDAPEST, Nov 19- Multi-national supermarkets could be driven out of Hungary, a trade lobby said on Wednesday, after the government raised their inspection costs and threatened to shut them down if they fail to make a profit for two years. Hungary's economy ministry this week submitted to parliament a draft bill that...

  • BUDAPEST, Nov 19- Multi-national supermarkets could be driven out of Hungary, a trade lobby said on Wednesday, after the government raised their inspection costs and threatened to shut them down if they fail to make a profit for two years. The government of Prime Minister Viktor Orban has a record of adopting idiosyncratic laws untroubled by how they are viewed...

  • Nov 19- Canadian grocer Metro Inc reported a higher-than-expected quarterly profit, helped by the reorganization of its Ontario store network and the acquisition of a majority stake in bakery chain Premiere Moisson. The company, which is facing intense competition from U.S. retailers such as Wal-Mart Stores Inc and Target Corp, also said in June it would buy a...

  • UK supermarket sales fall for first time on record Tuesday, 18 Nov 2014 | 9:42 AM ET

    The U.K. grocery market has fallen into decline for the first time on record, as discount retailers lead a price war.

  • BRUSSELS, Nov 17- Dutch supermarket group Ahold NV forecast 20-25 percent annual growth of its online business in the coming three years, although warned that investment to reach its target would hit its operating margin next year. Ahold, with a base in the Netherlands and some 60 percent of revenue in the United States, said on Monday online sales should total...

  • LONDON, Nov 13- Asda, the British arm of U.S. supermarket group Wal-Mart, said it would not be distracted by "gimmicks" and "panic tactics" after voucher offers from rivals contributed to a fall in its quarterly sales. Britain's big four grocers have lost customers to German discounters Aldi and Lidl and are locked in a bitter battle for market share.

  • LONDON, Nov 13- Asda, the British arm of the world's biggest grocer Wal-Mart, said underlying sales fell in its third quarter, hit by subdued consumer spending and sliding prices. Asda, which trails market leader Tesco by annual sales and is vying with Sainsbury's to be Britain's No. 2 grocer, said on Thursday sales at stores open over a year, excluding petrol, fell 1.6...