Kroger fell$. 12 or. 3 percent, to $35.40. Safeway fell$. 09 or. 4 percent, to $23.86. Supervalu fell$. 04 or. 6 percent, to $6.45.» Read More
Green Mountain announced it's extending its partnership with Starbucks and delivered earnings that topped expectations. GMCR shares jumped after-hours.
BRUSSELS, May 8- Belgian grocer Delhaize is looking for a new chief executive after its boss of 14 years, who brought together a loose grouping of businesses and built them up in the United States and eastern Europe, said he was stepping down. "When he became CEO, Delhaize was a holding rather than an integrated group," KBC analyst Pascale Weber said of Beckers.
*CEO still confident can keep 60 pct of business won from Walgreen fight. May 1- CVS Caremark Corp posted a higher than expected first-quarter profit on Wednesday, helped by more profitable generic drugs on the market and a severe cold and flu season that boosted sales at its drugstores.
April 25- Shoppers Drug Mart Corp, Canada's biggest pharmacy chain, said tightened pricing controls for generic drugs will push its 2013 pharmacy same-store sales outlook to the lower end of its previous guidance.
April 25- Safeway Inc on Thursday reported first-quarter sales below analysts' forecasts, sending the supermarket operator's shares tumbling as much as 20 percent in morning trading.
April 25- Shoppers Drug Mart Corp reported a 4 percent rise in first-quarter revenue despite tighter price controls for generics, helped by a jump in sales of over-the-counter products. Canada's biggest pharmacy chain said average prescription value fell 4.8 percent in the quarter due in part to cuts in the prices of generic drugs.
April 25- Shoppers Drug Mart Corp, Canada's biggest pharmacy chain, reported higher revenue, driven by an increase in sales of items such as over-the-counter drugs, cosmetics and food. Total sales in the first-quarter rose 4 percent to C $2.49 billion. Same-store sales, an important measure for retailers, rose 2.5 percent.
April 24- Supermarket operator Supervalu Inc, trying to slim down its business, on Wednesday reported a wider quarterly loss mainly on weak sales at its retail food segment.
April 24- Supermarket operator Supervalu Inc, which recently sold nearly 900 supermarkets in a $3.3 billion deal, on Wednesday reported a wider quarterly loss as it worked on slimming down its business.
Fans attending a Mariners game can choose from more than 50 different varieties of beer, reflecting the taste of the region's consumers.
Everything you love on a breakfast menu—bacon, blueberry pancakes and glazed donuts—is now in a bottle, and packing a 70-percent proof punch.
Activist investor Nelson Peltz has amassed large stakes in both PepsiCo and Mondelez International, sources told CNBC on Friday, which total a combined $2.7 billion.
British grocery giant Tesco came to America nearly six years ago. Sadly for the British company, its invasion ended like the Revolutionary War.
LONDON, April 17- Britain's sluggish economy and the growth of online shopping has killed the space race among British supermarkets, leaving Tesco sitting on over 100 unwanted sites it could take a long time to sell, property experts said.
Fairway hopes the investing public will aid in its expansion after its stock starts trading for the first time. The New York Times reports.
A handful of IPOs are coming, and Cramer thinks in some cases, it’s worthwhile to get a piece of the action.
Budweiser says its new can will be "eye-catching" and easy to grip. But to borrow a slogan from a competitor, it will also be "less filling." Here's why.
The two-week battle for the best beer labels has come to an end and Troegs Brewing Nugget Nectar took home the title of CNBC Beer News "Beer Label Madness" Champion.
April 12- Starbucks Corp on Friday said it would cut grocery list prices on its namesake and Seattle's Best packaged coffee by 10 percent or more on May 10, as coffee costs fall and it fights for more sales through supermarkets and other retailers.
The "astonishing" growth of the middle class in emerging markets is benefiting General Mills and creating jobs in the U.S., CEO Ken Powell told CNBC's "Street Signs" on Thursday.