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Food and Staples Retailing

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  • McDonald's goes East: McNuggets come to ’Nam Monday, 10 Feb 2014 | 5:31 AM ET

    McDonald's new store in Vietnam isn't just a landmark for the company; it is a signal the country is ripe for investment gains.

  • Feb 5- CVS Caremark Corp said on Wednesday that it would stop selling tobacco products at its 7,600 stores by October, becoming the first national drugstore chain in the United States to take cigarettes off the shelves.

  • Feb 5- CVS Caremark Corp said on Wednesday that it would stop selling tobacco products at its 7,600 stores by October, becoming the first national drugstore chain in the United States to take cigarettes off the shelf. "I think it will put pressure on other retailers who want to be in healthcare," said CVS Caremark Chief Medical Officer Dr.

  • Feb 5- CVS Caremark Corp said on Wednesday that it would stop selling tobacco products at its 7,600 stores by October, becoming the first U.S. drugstore chain to take cigarettes off the shelf. "I think it will put pressure on other retailers who want to be in healthcare," said CVS Caremark Chief Medical Officer Dr.

  • MUMBAI, Feb 2- The Indian state of Rajasthan has barred foreign direct investment in supermarkets, an ominous sign for global retailers who covet India's vast but fragmented retail sector if the country's main opposition Bharatiya Janata Party comes to power nationally in upcoming elections.

  • Web orders eat local pizza restaurants for lunch Thursday, 30 Jan 2014 | 12:11 PM ET

    Internet sales help national chains eat local pizza restaurants for lunch. Investors can bet on the trend with shares of Papa John's International.

  • WASHINGTON, Jan 17- The U.S. Federal Trade Commission has approved the $2.5 billion purchase of regional grocer Harris Teeter Supermarkets Inc by Kroger Co, deciding the transaction does not violate anti-trust law, the companies said on Friday.

  • LONDON, Jan 16- European equities edged lower early on Thursday after climbing to a 5-1/ 2- year high in the previous session, with poor sales number from Dutch grocer Ahold and a cautious outlook from Dixons hurting retailers.

  • Where’s the beef? Industry at crossroads Thursday, 16 Jan 2014 | 12:20 AM ET

    Beef has never been more expensive, and rarely more controversial. From top-end T-bone to Big Mac, the future of the beef industry is at stake.

  • Outgoing Lululemon CEO names her next venture Tuesday, 14 Jan 2014 | 5:39 PM ET
    Christine Day, CEO of Lululemon Athletica Inc., speaks during an event in Toronto, Ontario, Canada, Feb. 15, 2013.

    After six years of selling high-priced yoga pants, Christine Day is going to a healthy foods start-up backed by Derek Jeter and Jennifer Garner.

  • Minimum wage windfall? States test the idea Tuesday, 14 Jan 2014 | 3:50 PM ET
    A worker puts together an order of Chicken McNuggets at a McDonald's restaurant in Little Falls, N.J.

    Companies and industries that rely on low-income spenders could see a boost to the bottom line thanks to rising wages in many American states.

  • Jan 9- Supervalu Inc's quarterly net profit nearly doubled as the supermarket operator benefited from cost savings after selling hundreds of underperforming grocery stores last year. Net income rose to $31 million, or 12 cents per share, from $16 million, or 8 cents per share, a year earlier.

  • Jan 9- Supervalu Inc's quarterly net profit nearly doubled as the supermarket operator benefited from cost savings after selling hundreds of underperforming grocery stores last year. Net income rose to $31 million, or 12 cents per share, from $16 million, or 8 cents per share, a year earlier.

  • LONDON, Jan 8- British grocer J Sainsbury reported its "best Christmas ever" on Wednesday but warned that consumers were likely to tighten their belts in the early part of 2014 and cut its sales growth forecast accordingly.

  • Sainsbury leads European shares higher after update Wednesday, 8 Jan 2014 | 3:08 AM ET

    LONDON, Jan 8- European stocks edged higher early on Wednesday, led by British supermarket J Sainsbury after a better-than-expected sales update. Shares in Sainsbury rose 3.3 percent at 0802 GMT after it posted a small rise in sales in the 14 weeks to Jan. 4, ahead of analysts' forecasts.

  • Velveeta too popular, sparking shortage: Kraft Tuesday, 7 Jan 2014 | 12:28 PM ET

    As prime dipping season begins, Kraft Foods confirmed a shortage that couldn't come at a worse time.

  • Cheerios drops genetically modified ingredients Friday, 3 Jan 2014 | 5:50 AM ET

    General Mills said it has stopped using genetically modified ingredients in its Cheerios as the U.S. branded foods manufacturer hopes the move will firm up customer loyalty.

  • India clears Tesco's $110 mln supermarket investment Monday, 30 Dec 2013 | 6:10 PM ET

    India has approved a $110 million investment plan by Tesco, paving the way for the British retailer to venture into Asia's third-largest economy.

  • NEW DELHI/ MUMBAI, Dec 30- India's foreign investment regulator has approved a $110 million investment plan by Tesco, formally paving the way for the British retailer to venture into Asia's third-largest economy.

  • US bricks-and-mortar retailers seek online success Friday, 27 Dec 2013 | 11:36 AM ET

    Bricks-and-mortar stores lose out as e-commerce grows, but most retailers have now supplemented their shops with online businesses, the FT reports.

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