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  • LONDON, Dec 11- Dave Lewis, the new boss of Tesco, Britain's biggest grocer, is betting on a customer charm offensive coupled with selective price cuts to prevent poor Christmas trading compounding an already disastrous year for investors. The group, like its big three UK rivals Wal-Mart's Asda, Sainsbury's and Morrisons, has suffered as shoppers turn against the...

  • Guac fans! Stock up on avocados before prices hike Thursday, 11 Dec 2014 | 6:31 PM ET
    Avacados

    The confluence of many bad events will cause an avocado price spike and supply shortage in the coming months.

  • Final Glance: Supermarkets companies Thursday, 11 Dec 2014 | 6:02 PM ET

    Kroger rose$. 53 or. 9 percent, to $61.89. Safeway rose$. 12 or. 3 percent, to $34.73. Supervalu rose$. 05 or. 6 percent, to $8.90.

  • Dillon to retire from Kroger board Thursday, 11 Dec 2014 | 2:59 PM ET

    CINCINNATI— The Kroger Co. said Thursday that its board chairman and former CEO, David Dillon, will retire at the end of the year after 38 years of service. The supermarket chain operator said Kroger CEO Rodney McMullen will take over as chairman next year. Dillon served as Kroger's chairman from 2004 to 2014 and as chief executive officer from 2003 to 2013. During...

  • Midday Glance: Supermarkets companies Thursday, 11 Dec 2014 | 1:19 PM ET

    Kroger rose$. 65 or 1.1 percent, to $62.01. Safeway rose$. 24 or. 7 percent, to $34.85. Supervalu rose$. 17 or 1.9 percent, to $9.02.

  • Early Glance: Supermarkets companies Thursday, 11 Dec 2014 | 11:28 AM ET

    Kroger rose$. 44 or. 7 percent, to $61.80. Safeway rose$. 17 or. 5 percent, to $34.78. Supervalu rose$. 22 or 2.4 percent, to $9.06.

  • Extra Hot Sauce: Harvard biz prof's $4 food fight  Thursday, 11 Dec 2014 | 9:30 AM ET

    A Harvard Business School associate professor saw crimson after getting overcharged $4 on a $53.35 order of Chinese food and reportedly launched an email wrestling match with the eatery's owners.

  • Harvard prof had another food fight: Report Thursday, 11 Dec 2014 | 8:56 AM ET
    Benjamin Edelman in 2005

    Harvard's Benjamin Edelman, who apologized for an email blitz over a $4 overcharge, had a previous fight with another eatery, Boston.com reports.

  • Final Glance: Supermarkets companies Wednesday, 10 Dec 2014 | 6:09 PM ET

    Kroger fell$. 13 or. 2 percent, to $61.36. Safeway fell$. 25 or. 7 percent, to $34.61. Supervalu fell$. 35 or 3.8 percent, to $8.85.

  • Harvard prof apologizes for Chinese 'food fight' Wednesday, 10 Dec 2014 | 5:09 PM ET

    A Harvard Business School professor is saying he's sorry for over-the-top emails complaining about a $4 takeout overcharge.

  • Midday Glance: Supermarkets companies Wednesday, 10 Dec 2014 | 1:18 PM ET

    Kroger rose$. 23 or. 4 percent, to $61.72. Safeway fell$. 12 or. 3 percent, to $34.74. Supervalu fell$. 16 or 1.7 percent, to $9.04.

  • Early Glance: Supermarkets companies Wednesday, 10 Dec 2014 | 10:41 AM ET

    Kroger rose$. 69 or 1.1 percent, to $62.18. Safeway rose$. 01 or percent, to $34.87. Supervalu fell$. 06 or. 7 percent, to $9.14.

  • Extra hot sauce: Harvard Biz prof's $4 food fight Wednesday, 10 Dec 2014 | 9:57 AM ET

    A Harvard Business School associate professor just couldn't let it go when he was overcharged $4 for Chinese takeout.

  • Here's how McNuggets get made  Wednesday, 10 Dec 2014 | 9:30 AM ET

    McDonald's wants the web to know what exactly makes it into those chicken McNuggets. CNBC's Landon Dowdy reports.

  • BUDAPEST, Dec 10- Hungary's ruling party wants supermarkets to close on Sundays, a measure likely to hurt big foreign retailers such as Tesco, Auchan and Aldi which say they were also targeted by new taxes. Prime Minister Viktor Orban says he wants to protect the Christian day of rest with the sort of trading restrictions in place in Germany, Austria and other...

  • Costco retail sales benefiting from cheaper fuel?  Wednesday, 10 Dec 2014 | 5:50 AM ET

    Membership fees have helped Costco beat its profit estimates for the first quarter, but will cheaper fuel benefit the retailer's sales? Brian Nagel, retail analyst at Oppenheimer & Co thinks it's a possibility.

  • Final Glance: Supermarkets companies Tuesday, 9 Dec 2014 | 6:10 PM ET

    Kroger rose$. 13 or. 2 percent, to $61.49. Safeway rose$. 01 or percent, to $34.86. Whole Foods Market Inc. rose$. 13 or. 3 percent, to $48.15.

  • Midday Glance: Supermarkets companies Tuesday, 9 Dec 2014 | 1:21 PM ET

    Kroger fell$. 30 or. 5 percent, to $61.06. Supervalu fell$. 25 or 2.7 percent, to $8.93. Whole Foods Market Inc. fell$. 05 or. 1 percent, to $47.97.

  • *Says 2014-15 trading profit will not exceed 1.4 bln stg. *Analysts had expected profit of around 1.9 bln stg. LONDON, Dec 9- Tesco slashed its profit forecasts for the fourth time in five months as its new boss took costly measures to rebuild the British grocer after its recent accounting scandal and dramatic loss of customers in an increasingly cut-throat market.

  • No more shenanigans from Tesco?  Tuesday, 9 Dec 2014 | 11:15 AM ET

    Tesco has issued another profit warning, but CEO Dave Lewis says he is "quietly optimistic". Bruno Monteyne, an analyst at Bernstein, discusses.