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Food and Staples Retailing

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  • LONDON, Aug 14- Supermarket Asda, the British arm of the world's biggest retailer Wal-Mart, posted a 0.5 percent rise in second-quarter underlying sales in a tough grocery market seeing its slowest growth in a decade.

  • NEW YORK, Aug 6- Major U.S. stock indexes ended little changed on Wednesday, as tensions in Ukraine and Russia and a failed merger between Sprint and T-Mobile offset gains in consumer staples shares.

  • Thirsty? Cramer's favorite beer stocks Wednesday, 6 Aug 2014 | 3:20 PM ET
    Jim Cramer

    These two brewers should continue to serve up profits, says CNBC's Jim Cramer.

  • *Walgreen to buy remaining 55 pct of Alliance Boots. *Walgreen says inversion deal not in interests of investors. Aug 6- U.S. retailer Walgreen Co said it would not use a full takeover of Europe's biggest pharmacy chain, Alliance Boots, to move its domicile overseas, following fierce criticism of such tax-cutting deals at home.

  • *Walgreen to buy remaining 45 pct of Alliance Boots. *Walgreen says inversion deal not in interests of investors. Aug 6- U.S. retailer Walgreen Co won't use a full takeover of Europe's biggest pharmacy chain Alliance Boots to move its domicile overseas, it said on Wednesday, following fierce criticism of such tax-cutting deals at home.

  • Aug 6- U.S. retailer Walgreen Co will make a full takeover of Europe's biggest pharmacy chain Alliance Boots, but won't use the deal to move its tax domicile overseas after fierce criticism of such tax-cutting moves at home.

  • Aug 6- U.S. retailer Walgreen Co will make a full takeover of Europe's biggest pharmacy chain Alliance Boots, but won't use the deal to move its tax domicile overseas after fierce criticism of such tax-cutting moves at home.

  • **Drug retailer's shares down 5.7 pct at $68 in late afternoon trading. **Sky News reports that the pharmacy chain will remain headquartered in the United States, spurning the chance of a so-called tax-inversion deal, after it buys the rest of European drug chain Alliance Boots.

  • Aug 5- U.S. pharmacy chain Walgreen Co will remain headquartered in the United States, spurning the chance of a so-called tax-inversion, after it buys the rest of European drug chain Alliance Boots, Sky News reported on Tuesday.

  • Finally, Starbucks has 'breakthrough' in China Friday, 25 Jul 2014 | 12:04 PM ET
    Starbucks CEO Howard Schultz speaks during a media event in Beijing.

    After 16 years, Starbucks is finally beginning to see real progress in China, and it's only the beginning, says CEO Howard Schultz.

  • July 24- Canada's largest grocer Loblaw Cos Ltd's quarterly profit handily beat analysts' expectations, helped by strong pharmacy sales in its recently acquired Shoppers Drug Mart. Sales at Shoppers accounted for more than a quarter of Loblaw's total sales of C $10.31 billion in the second quarter.

  • July 24- Loblaw Cos Ltd, Canada's largest grocer, reported a 37 percent rise in quarterly revenue, helped by sales from recently acquired Shoppers Drug Mart.

  • Chicken consumption surges as beef prices soar Monday, 21 Jul 2014 | 4:43 PM ET

    For years, Chick-fil-A's cow mascots have urged Americans to "eat mor chikin," and the message appears to be working.

  • EDINBURGH, July 21- European stocks held steady in early trade on Monday, with Tesco boosted after the resignation of its chief executive, although sensitivity to ongoing tension in Ukraine kept a lid on the market.

  • July 17- Loblaw Cos Ltd, Canada's largest grocer, appointed Executive Chairman Galen Weston president as part of a management shakeup aimed at helping the company better compete with U.S. rivals.

  • July 17- Loblaw Cos Ltd, Canada's largest grocer, appointed Executive Chairman Galen Weston president as part of a management shakeup aimed at helping the company better compete with U.S. rivals.

  • Attention chocoholics: Hershey to hike prices 8% Wednesday, 16 Jul 2014 | 9:39 AM ET
    The "Ultimate Hershey's Chocolate Chip Cookie"

    The price increase is a sign that a year-long soaring cocoa market is eating into confectioners' profits.

  • This bubble market is already deflating Monday, 14 Jul 2014 | 3:49 PM ET

    As stocks creep ever higher and spark bubble rumors, one other bubble appears to be deflating: the gum bubble.

  • July 11- Mondelez International Inc, maker of Cadbury chocolate and Oreo cookies, said it would create a "stand-alone" European cheese and grocery business to focus on its fast-growing snacks business, including biscuits, gum and candy.

  • *Amazon expected to expand food sales at home and abroad. BERLIN, July 8- Big retailers are taking a calculated hit to margins to invest in online grocery operations, in the hope they can persuade consumers to add more profitable items like clothes and computers to their orders of fruit and vegetables.