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Food and Staples Retailing

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  • Chipotle ups bet on fast casual pizza Thursday, 29 Jan 2015 | 6:34 PM ET
    Pizzeria Locale in Boulder, Colo.

    The Mexican grill grows beyond its Denver roots and sets sights on expanding its fresh and fast model, Pizzeria Locale.

  • New McDonald's CEO faces many problems: Experts Thursday, 29 Jan 2015 | 12:58 PM ET
    Steve Easterbrook

    With McDonald's CEO Don Thompson stepping down, experts have some advice for successor Steve Easterbrook.

  • WASHINGTON, Jan 27- Supermarket chains Albertsons and Safeway agreed to sell 168 stores in eight states to win U.S. antitrust approval for their $9.2 billion merger, the Federal Trade Commission said on Tuesday. Albertsons, which has 630 supermarkets under various brand names, and Safeway, which has 1,332 stores, will divest stores in Arizona, California, Montana,...

  • WASHINGTON, Jan 27- Supermarket chains Albertsons and Safeway agreed to sell 168 stores in eight states to win U.S. antitrust approval for their $9.2 billion merger, the Federal Trade Commission said on Tuesday. Albertsons, which has 630 supermarkets under various brand names, and Safeway, which has 1,332 stores, will divest stores in Arizona, California, Montana,...

  • SAO PAULO, Jan 27- Brazilian mall and supermarket associations on Tuesday forecast slowing sales growth after a weak 2014, with revenues scarcely keeping up with inflation and store openings as consumer sentiment sours. The meager 2015 forecasts reinforce a grim outlook for Brazilian retailers, as higher taxes, rising interest rates and stagnant job growth...

  • *France now the biggest source of new migrants to Israel. JERUSALEM, Jan 27- At a busy supermarket in Jerusalem a smartly dressed woman, recently arrived in Israel, was stopping shoppers to ask if anyone spoke French. With anti-Semitism rising in France, and their worries stoked by this month's killing of four Jews in a kosher supermarket in Paris, French Jews now...

  • Fancy naming your baby Nutella? Not here! Monday, 26 Jan 2015 | 11:18 AM ET

    In France, a distaste for unusual baby names has seen two - Nutella and Strawberry - get overturned.

  • Tumbling oil prices and Western sanctions over Russia's role in Ukraine have pushed the rouble to record lows and fuelled price rises. "Unlike during the 2008-2009 crisis, now there is a significant decline of real disposable incomes in Russia so food budgets will most likely fall," said Ekaterina Lipatova, an analyst at Moody's Investors Service.

  • *UK retail sales rise unexpectedly in December. LONDON, Jan 23- British retail sales unexpectedly rose in December as shoppers flocked to supermarkets and bought more fuel as oil prices fell, providing a boost for the country's economic recovery that has shown signs of softening. Britain needs consumers to keep spending as manufacturing growth has weakened...

  • Tootsie Roll CEO Melvin Gordon dies at 95 Wednesday, 21 Jan 2015 | 12:43 PM ET
    Melvin Gordon with wife Ellen Gordon.

    Gordon grew the company's brands to include DOTS, Charms, Junior Mints, Sugar Daddy and Charleston Chew.

  • MOSCOW, Jan 21- Russia's second-biggest grocery chain X5 Retail Group said on Wednesday higher food inflation had increased the average customer spend in its stores as it reported a 20.8 percent rise in sales in the fourth quarter. Its low-cost Pyaterochka stores attracted more shoppers but its supermarkets and hypermarkets saw lower numbers because of an...

  • WASHINGTON, Jan 20- The U.S. Supreme Court on Tuesday declined to hear a challenge to controversial debit card "swipe fee" rules, dealing a blow to retailers, grocers and restaurant owners who argued the charges were unfairly high. The high court's refusal to hear the case keeps intact a March 2014 ruling by the U.S. Court of Appeals for the District of Columbia...

  • Nearly 9 in 10 diners willing to pay more for this Tuesday, 20 Jan 2015 | 12:01 AM ET

    Restaurants are hopping on the better-for-you wagon. But will customers pay up for higher quality?

  • Snack attack! The first potato-chip sandwich café Wednesday, 14 Jan 2015 | 8:41 AM ET

    Simply Crispy is the world's first potato-chip sandwich cafe. But what sets this hipster hangout apart from the others?

  • European shares roused by rally in retailers Tuesday, 13 Jan 2015 | 12:31 PM ET

    LONDON, Jan 13- Retail shares led European equities higher on Tuesday, with expectations of new economic stimulus measures from the European Central Bank also helping to prop up stock markets. German retailer Metro AG climbed 4.5 percent after strong Christmas sales. British supermarket operator Morrison also advanced 4.5 percent as investors welcomed the...

  • *Andrew Higginson to become chairman on Jan. 22. LONDON, Jan 13- The intense pressure in Britain's supermarket sector claimed its first scalp of the year on Tuesday with the departure of Morrisons chief executive Dalton Philips following a plunge in Christmas sales from Britain's No. 4 grocer. The firm, which has been slow to expand into stronger parts of the market...

  • LONDON, Jan 13- The intense pressure building on the British retail sector claimed its first scalp of the year on Tuesday with the departure of Morrisons CEO Dalton Philips following weak Christmas trading from Britain's No. 4 grocer. The Bradford, northern England, based group posted the worst Christmas performance of Britain's listed supermarkets, with...

  • Morrisons says CEO to go after Christmas sales fall Tuesday, 13 Jan 2015 | 2:15 AM ET

    LONDON, Jan 13- Morrisons, Britain's No. 4 grocer, said its chief executive would step down after the firm posted the worst Christmas performance of Britain's listed supermarkets. The Bradford, northern England, based group which trails troubled market leader Tesco, Wal-Mart's Asda and Sainsbury's in annual sales, said on Tuesday it had started the search for a...

  • SAN FRANCISCO, Jan 12- Online-grocery delivery service Instacart said venture firm Kleiner Perkins Caufield& Byers led its latest funding round totalling $220 million. The company will use the cash to grow into new markets, both internationally and in the United States, Chief Executive Officer Apoorva Mehta said in an interview. Unlike grocery-delivery...

  • LONDON, Jan 9- The downgrading of Tesco's debt to "junk" status could limit its bargaining power on asset sales as well as symbolising the decline in fortunes of Britain's biggest retailer. That spoiled a day when Tesco's shares had risen as much as 15 percent after the grocer reported Christmas trading that was not as bad as feared and investors welcomed plans...