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Food Retail

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  • LONDON, June 26- Britain's biggest supermarket Tesco showed a tentative recovery in its key home market was starting to move onto a stronger footing, with the sales decline in its first quarter coming in ahead of forecasts. A trading update on Friday, published ahead of a potentially stormy annual shareholders' meeting later in the day, said sales at British...

  • India’s ecommerce groups target online grocery shoppers Thursday, 25 Jun 2015 | 10:23 PM ET

    Globally, buying groceries online has not boomed. But in India, a stunted grocery sector offers opportunity for e-commerce players. The Financial Times reports.

  • June 25- Kroger Co, the largest U.S supermarket operator, said it would increase its quarterly dividend by 13.5 percent and buy back $500 million of shares. Kroger raised its quarterly dividend to 21 cents per share on a pre-split basis from 18.5 cents per share. Kroger's shares were up about 1.4 percent at $73.93 in midday trading on Thursday.

  • CHICAGO, June 24- A merger between Dutch supermarket Ahold and Belgian rival Delhaize will be a boon for U.S. online grocer Peapod, an Ahold unit which will gain valuable resources to fend off rival Amazon.com and upstart competitors, according to retail industry consultants. Access to Delhaize's efficient and low-cost distribution centers in the east and its...

  • Tips for supermarket shoppers worried about overcharging Wednesday, 24 Jun 2015 | 2:32 PM ET

    The New York City Department of Consumer Affairs accused Whole Foods of routinely overcharging customers by overstating the weight of prepackaged meat, dairy and baked goods. Some tips for consumers from the department:. In New York City, markets must provide a scale within 30 feet of the section where weighed packaged goods are sold or a sign directing...

  • June 24- Posh supermarket chain Whole Foods Market Inc is being investigated by the New York Department of Consumer Affairs for overcharging customers for prepackaged meat, dairy and other goods by overstating their weight. Whole Foods, which dominates natural and organic grocery sales in the United States, is nicknamed "Whole Paycheck" for its high prices.

  • AMSTERDAM, June 24- Dutch-based supermarkets operator Ahold has reached a deal to buy Belgian peer Delhaize, the companies announced on Wednesday, in a move that will create a top 20 global retailer with strong positions in Europe and the United States. Ahold is operator of Stop&Shop and Giant in the United States, while Delhaize owns the Food Lion chain.

  • THE HAGUE, Netherlands— Dutch retailer Royal Ahold NV, which operates U.S. supermarket chains Stop& Shop and Giant, has agreed to merge with its Belgian counterpart Delhaize Group, in a deal that creates a $29 billion company that will serve over 50 million customers a week across the Atlantic. Delhaize, which owns supermarkets throughout Belgium, also operates...

  • Supermarket operator Ahold to buy Belgium's Delhaize Wednesday, 24 Jun 2015 | 2:03 AM ET

    AMSTERDAM, June 24- Dutch-based supermarkets operator Ahold said on Wednesday it is to buy Belgian peer Delhaize in an all-share merger, with Ahold taking a 61 percent stake in the new company. In a joint statement, the two companies said the combination will have 54.1 billion euros in sales, with complementary operations in the United States and Benelux.

  • How big pizza chains are eating up mom and pop Tuesday, 23 Jun 2015 | 4:03 PM ET
    A Domino's Pizza location in Murray, Kentucky

    Pizza chains like Papa John's and Domino's will continue to refine technology, drawing consumers from small shops, an analyst said.

  • BOISE, Idaho— A federal judge has signed off on a $25 million settlement in a lawsuit between wholesale grocers and potato farming associations accused of forming a price-fixing cartel. Associated Wholesale Grocers filed the class-action lawsuit in 2010, contending that potato growers in Idaho and elsewhere conspired to raise prices by restricting the...

  • Your kid's lemonade biz may be breaking the law Friday, 19 Jun 2015 | 11:27 AM ET
    Children running lemonade stand

    Pint-sized entrepreneurs all over the United States could see their summer businesses sour.

  • SYDNEY, June 19- Fresh fruit and vegetables are the new frontline in ALDI Inc's assault on Australia's $70 billion supermarket sector, as the German discounter looks to beat the most profitable duopoly in global groceries at their own game. For the first time, ALDI's Australian arm plans to ship fruit and vegetables direct from farms in Australia to its stores,...

  • *Q1 earnings/share $1.25 vs est $1.22. June 18- Kroger Co boosted its full-year forecast for identical-store sales and reported better-than-expected quarterly sales on the same basis as more customers bought groceries at its stores amid signs of strengthening U.S. economic growth. Kroger, which owns the Ralphs, Smith's and Food 4 Less grocery chains as well as...

  • June 18- Kroger Co, the biggest U.S. supermarket operator, boosted its full-year forecast for identical-store sales and reported better-than-expected sales for the latest quarter on the same basis as lower gas prices helped free up cash to buy groceries. The upbeat forecast, along with better-than-expected first-quarter earnings, pushed up Kroger's shares...

  • Kroger's first-quarter profit rises 23.5 percent Thursday, 18 Jun 2015 | 8:29 AM ET

    June 18- Kroger Co, the biggest U.S. supermarket operator, reported a 23.5 percent rise in quarterly profit, helped by a fall in operating expenses. Net income attributable to Kroger rose to $619 million, or $1.25 per share, in the first quarter ended May 23, from $501 million, or 98 cents per share, a year earlier. Total sales rose 0.3 percent to $33.1 billion.

  • Robot hands stack your food Thursday, 18 Jun 2015 | 7:32 AM ET
    Robot hands stack your food

    At this futuristic grocery store, robots replenish shelves and illuminated tablets reveal the life of the food. The Future Food District is on view at the Milan Expo 2015.

  • MONTPELIER, Vt.— Vermont's first-in-the-nation law requiring the labeling of foods made with genetically modified organisms could cost the nation's grocers up to $10 million a day in fines, according to a letter from an industry organization that is suing the block the law. Peter Shumlin from the head of the Grocery Manufacturers Association, dated Wednesday,...

  • As Woolies' CEO exits, all eyes on Lidl Wednesday, 17 Jun 2015 | 10:24 PM ET

    Australia's supermarket wars have claimed the chief executive of Woolworths, who stepped down as the sector sees an influx of foreign competitors.

  • 8 gifts you'll want to get on Father's Day Tuesday, 16 Jun 2015 | 6:00 AM ET
    Man receiving Father's Day gift from children

    Whether he's into gadgets, grilling or fly fishing, subscription boxes are a gift-giving strategy for those hard-to-shop-for dads.