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Food and Staples Retailing

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  • Early Glance: Supermarkets companies Monday, 13 Apr 2015 | 10:27 AM ET

    Kroger rose$. 08 or. 1 percent, to $77.15. Supervalu rose$. 05 or. 4 percent, to $11.95. Whole Foods Market Inc. rose$. 24 or. 5 percent, to $51.77.

  • April 9- Drugstore operator Walgreens Boots Alliance Inc on Thursday reported a higher-than-expected quarterly profit and said it would widen its cost-cutting program, sending its shares higher. Walgreens said on Thursday that it had identified ways to increase the program to a projected $1.5 billion by the August year-end of fiscal 2017..

  • Finding that her top toy choice, Shopkins- tiny grocery store characters made by Australia's privately-held Moose Enterprise- was sold out, Catie went directly to the Barbie row and picked out one of Mattel Inc.' s iconic dolls. Though Mattel, Hasbro and Lego control about 40 percent of the U.S. toy market, there's a growing niche for smaller companies such as Alex...

  • April 8- Rite Aid Corp reported a better-than-expected quarterly profit on Wednesday, and expected a renewed distribution agreement with McKesson Corp along with the remodeling of its wellness stores to benefit fiscal 2016 earnings. Rite Aid is the No. 3 drugstore chain by sales in the U.S. behind Walgreen Boots Alliance and CVS Health Corp.

  • Rite Aid quarterly same-store sales rise 4.5 pct Wednesday, 8 Apr 2015 | 7:24 AM ET

    April 8- Drugstore chain operator Rite Aid Corp's quarterly revenue rose 3.8 percent, helped by strong prescription sales that drove better-than-expected same-store sales growth. Rite Aid's shares rose 2.9 percent to $8.95 in premarket trading on Wednesday. The latest quarter included an income tax benefit of $1.72 billion, or $1.67 per share, Rite Aid said.

  • *Aldi overtakes Waitrose to become Britain's No.6 grocer. LONDON, April 8- Sales at Britain's biggest retailer Tesco edged higher over the last three months, industry data showed on Wednesday, adding to signs of a tentative recovery in the supermarket's fortunes under its new boss. Market share figures from researchers Kantar Worldpanel also showed...

  • Why America's best loved beer label stands out Tuesday, 7 Apr 2015 | 8:59 AM ET
    Newburgh Brewing Co. Cream Ale

    The busy imagery on Newburgh Brewing Co.'s Cream Ale label was designed to stand out in an increasingly crowded beer market, Paul Halayko tells CNBC.

  • Domino's paying more to hire the right people: CEO Monday, 6 Apr 2015 | 11:38 AM ET
    An employee at Domino's Pizza

    The labor market is tightening up, and it is getting harder to find workers, CEO Patrick Doyle says.

  • McDonald's wage hike can improve outlook: Analyst Thursday, 2 Apr 2015 | 12:06 PM ET
    An employee gives a customer her food order inside a McDonald's restaurant in Oak Brook, Ill.

    Standard & Poor's has a negative outlook on McDonald's credit. The benefits of its wage hike could be worth the cost, Robert Schulz says.

  • COLOGNE, Germany, March 31- The strong finances of Germany's second-biggest supermarket group REWE mean it is well positioned to pounce on potential acquisitions, its chief executive said on Tuesday after profit grew faster than it expected in 2014.. Analysts have speculated that REWE might be interested in buying or being involved in an asset swap for some of...

  • FRANKFURT, March 27- Nine months after Apple and IBM began working together on building mobile apps for businesses, some of the first fruits are about to appear at UK pharmacy chain Boots, which has begun equipping store employees with iPads to serve shoppers in the aisles. Companies across dozens of different industries are now eyeing how these mobile business...

  • Tech turns tasty with printed pancakes Friday, 27 Mar 2015 | 10:20 AM ET

    Meet the PancakeBot: the world’s first pancake printer that allows you to design your own pancakes, print them in different colors and then eat them.

  • Report: Soda sales dropped again in 2014 Thursday, 26 Mar 2015 | 7:17 PM ET
    Diet Coke

    The total volume of carbonated soft drinks sold slid 0.9 percent from 2013 to 2014, according to a report.

  • Aldi UK says e-commerce "not an immediate focus" Friday, 20 Mar 2015 | 6:49 AM ET

    LONDON, March 20- German discounter Aldi played down on Friday a media report that it is planning to try out online grocery sales in Britain, saying e-commerce "is not an immediate focus". German trade journal Lebensmittel Zeitung cited unnamed sources on Thursday as saying Aldi was preparing to launch an online store in Britain and possibly in other countries,...

  • Aldi to test ecommerce in Britain, other markets - report Thursday, 19 Mar 2015 | 12:43 PM ET

    *Aldi North mulls online sales in Spain, Portugal- report. Germany's Lebensmittel Zeitung cited unnamed sources as saying Aldi was preparing to launch an online store in Britain, where grocery ecommerce is more advanced than elsewhere in Europe, already accounting for about 5 percent of sales. Online grocery sales will roughly double from 2012 to 2016 in five...

  • Trader Joe's walnut recall: What you need to know Tuesday, 17 Mar 2015 | 2:31 PM ET
    Trader Joe's in Pinecrest, Florida.

    Here is what you need to know about the supermarket's raw walnut recall.

  • LONDON, March 17- Britain's Sainsbury's expressed confidence in outperforming its supermarket peers and played down the threat posed by recovering rival Tesco on Tuesday, although it said no quick improvement in tough trading conditions was expected. Sainsbury's posted a fifth consecutive quarter of declining underlying sales but it said measures laid...

  • LONDON, March 17- British supermarket Sainsbury's posted a fifth straight quarter of declining underlying sales and said it did not expect the trading environment to improve any time soon. The group, which trails market leader Tesco and Wal-Mart's Asda by annual sales, said on Tuesday sales at stores open over a year fell 1.9 percent, excluding fuel, in the 10...

  • Sainsbury's sales dip for fifth straight quarter Tuesday, 17 Mar 2015 | 3:09 AM ET

    LONDON, March 17- British supermarket Sainsbury's posted a fifth straight quarter of declining underlying sales and said it did not expect the trading environment to improve any time soon. The group, which trails market leader Tesco and Wal-Mart's Asda by annual sales, said on Tuesday sales at stores open over a year fell 1.9 percent, excluding fuel, in the 10...

  • *Amazon seen eventually launching "Fresh" in Germany. COLOGNE, Germany, March 12- Germany's second-biggest supermarket group REWE is investing heavily in grocery ecommerce even though it does not expect to turn a profit soon, as it braces for Amazon to expand its food delivery service. The online customer is our opportunity to become the number one in Germany.