Kroger fell$. 47 or 1.2 percent, to $39.89. Safeway rose$. 20 or. 6 percent, to $33.65. Supervalu rose$. 12 or 1.9 percent, to $6.33.» Read More
CNBC'S Jim Cramer warned investors of "bubbling" throughout niche areas such as a cloud computing, organic food and 3-D printing.
*Cuts 2013 earnings/share forecast to $1.42- $1.47 from $1.50- $1.55. Nov 21- Specialty grocery retailer Fresh Market Inc cut its 2013 earnings forecast for the second time as it battles a weak U.S. consumer spending environment, sending its shares down as much as 16 percent after the bell.
Amazon seems to be expanding its private label business into its grocery delivery service, AmazonFresh, according to reporting done by AllThingsD.
Starbucks is known for roasting coffee—but in the case against a small family-run rival, the coffee giant itself got roasted.
Nov 13- Starbucks Corp on Wednesday said breaking up with Kraft was hard to do, but worth the high price, a day after an arbitrator ruled it must pay a whopping $2.76 billion for ending the companies' grocery coffee partnership early.
Nov 13- Starbucks Corp on Wednesday said it could handle the whopping $2.76 billion payment it must make for ending its grocery coffee deal with Kraft Foods early but noted it would restate results for the latest quarter to show an operating loss and issue additional debt.
Nov 13- Metro Inc, Canada's No.3 grocer, posted a larger-than-expected 40 percent drop in quarterly profit as expanding U.S. retailers provided "intense competition" in its home market. Metro Inc said its fourth-quarter sales were hurt by competition, especially in Ontario, where rival retailers have opened more stores.
Nov 13- Canadian grocer Metro Inc reported a lower quarterly profit, hurt by intensifying competition from U.S. retailers Target Corp and Wal-Mart Stores.
Just ask Wal-Mart, the world's largest retailer. When it sought a foothold in east Africa, it sparked a family feud in one of its acquisition targets, Kenya's Naivas supermarket chain.
Nov 12- Starbucks Corp must pay Kraft Foods $2.76 billion after it ended the companies' grocery deal at least three years early, the coffee chain said on Tuesday. An arbitrator ruled that Starbucks must pay $2.23 billion in damages plus $527 million for interest and legal fees, Starbucks said. Based on the rules of binding arbitration, Starbucks cannot appeal.
Nov 12 (Reuters)- Starbucks Corp said on Tuesday an arbitrator has ruled that it must pay Kraft Foods $2.23 billion in damages plus $527 million in prejudgment interest and attorneys fees after the coffee chain's early termination of the companies' grocery deal.
Nov 12- Starbucks Corp said on Tuesday an arbitrator has concluded that it must pay Kraft Foods Group Inc $2.23 billion in damages plus $527 million in prejudgment interest and attorneys fees after the coffee chain's early termination of the companies' grocery deal. Kraft began selling bags of Starbucks coffee in grocery stores beginning in September 1998.
Fast food giants are battling with Brazil's independent outlets to gain a foothold in the country's expanding fast food market.
Since 2005, food companies have eliminated over 73 percent of the transfats in their products.
BRUSSELS, Nov 7- Belgian grocer Delhaize took a second writedown on its operations in the Balkans, pushing it to an unexpected third-quarter loss.
Nov 6- Whole Foods Market Inc on Wednesday reported slower same-store sales growth in the fourth quarter and the grocer lowered its sales forecast for fiscal 2014, sending shares down 8.7 percent in after hours trading.
Nov 6- Whole Foods Market Inc on Wednesday reported same-store sales that decelerated in the fourth quarter and the grocer lowered its sales forecast for fiscal 2014, sending shares down 8.7 percent in after hours trading.
Nov 5- CVS Caremark Corp raised its profit forecast for the year on Tuesday, as sales grew at its drugstore chain and it processed more prescriptions from new clients. Wall Street analysts expected $31.53 billion, according to Thomson Reuters I/B/E/S.
Nov 5- CVS Caremark Corp posted higher quarterly profit and raised its forecast for the year on Tuesday, as sales grew at its drugstore chain and it processed more prescriptions.
Coffee wars between top U.S. brands are set to intensify as coffee houses battle to attract the Hispanic consumer.