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  • The companies receiving a letter on Sunday from the group were Wal-Mart Stores Inc, supermarket operators Kroger Co, Safeway Inc, which operate pharmacies, and drugstore chains Walgreen Co and Rite Aid Corp..

  • Pinkberry co-founder gets jail time for assault Friday, 14 Mar 2014 | 4:29 PM ET
    Young Lee, co-founder of the frozen yogurt chain Pinkberry has been sentenced to seven years in prison for beating a homeless man with a tire iron in Los Angeles.

    A co-founder of the frozen yogurt chain Pinkberry has been sentenced to seven years in prison for beating a homeless man with a tire iron.

  • Toasted: Quiznos files for bankruptcy Friday, 14 Mar 2014 | 2:17 PM ET
    A Quiznos location in Denver.

    Sandwich chain Quiznos filed for pre-packaged bankruptcy protection after struggling with high debt and stiff competition for years.

  • LONDON, March 13- Britain's Wm Morrison Supermarkets sparked fears of an industry price war on Thursday after it posted its lowest profit for five years and said it would invest 1 billion pounds in price cuts over three years to win back customers.

  • Ocado sees opportunities from Amazon move into groceries Thursday, 13 Mar 2014 | 10:25 AM ET

    *Ocado not rushing into international partnership. LONDON, March 13- British online grocer Ocado sees Amazon's push to sell more groceries as more of an opportunity than a threat, believing it will encourage big international retailers to look for partners to help them get set up in e-commerce.

  • LONDON, March 13- Britain's Wm Morrison Supermarkets sparked talk of an industry price war on Thursday after it posted its lowest profit for five years and said it would invest 1 billion pounds in price cuts over three years in a bid to recover.

  • Empire, owner of Sobeys, reports nil quarterly profit Wednesday, 12 Mar 2014 | 7:30 PM ET

    March 12- Empire Co Ltd, the operator of Canadian grocery chain Sobeys, reported a steep fall in quarterly profit, hurt by higher inventory losses and higher costs due to a weaker Canadian dollar. Net earnings fell to C $40,000, or nil Canadian cents per share, in the third quarter, ended Feb 1, from C $74.1 million, or C $1.09 per share, a year earlier.

  • Tyson CEO: Meat demand outpaces rising prices Wednesday, 12 Mar 2014 | 5:43 PM ET
    Donnie Smith

    Food prices are expected to rises this year, but Tyson CEO Donnie Smith said it won't stop his firm from posting record earnings.

  • Winners and losers in $9 billion Safeway deal Friday, 7 Mar 2014 | 1:33 PM ET
    Customers leave a Safeway store on March 5, 2014 in San Francisco, California.

    Cerberus struck a $9 billion-plus deal to buy grocery giant Safeway—a tie-up that should be a win for the consumer.

  • March 6- Safeway Inc, the second-largest U.S. mainstream grocery store operator, said private equity firm Cerberus Capital Management would acquire the company in a deal valued at about $9.4 billion. The offer price of $40 per share represents a premium of 1.3 percent to Safeway's Thursday closing stock price of $39.47 on the New York Stock Exchange.

  • Deep discounting eats into Costco's holiday profit Thursday, 6 Mar 2014 | 9:55 AM ET
    A Costco store in Alhambra, Calif.

    Costco Wholesale's profit fell 15 percent, missing estimates, hurt by weaker gross margins in its fresh-food business and some non-foods merchandises.

  • March 6- Kroger Co, the biggest U.S. supermarket operator, forecast a higher-than-expected full-year profit as it benefits from the acquisition of southeast-focused grocer Harris Teeter.

  • Kroger quarterly profit falls 8.7 pct Thursday, 6 Mar 2014 | 8:44 AM ET

    March 6- Kroger Co, the biggest U.S. supermarket operator, reported an 8.7 percent fall in quarterly profit, citing a colder winter. The company, which owns the Ralphs, Smith's and Food 4 Less chains, said net income attributable to Kroger fell to $422 million, or 81 cents per share, from $462 million, or 88 cents per share, a year earlier.

  • Can't take the heat? Cancel the investor meeting Wednesday, 5 Mar 2014 | 5:26 PM ET
    Red Lobster in Times Square, New York.

    Darden Restaurants Inc has canceled its analyst and investor meeting slated for later this month.

  • Tesco in Britain and Walmart in the United States, are selling their own branded tablets pitched at customers unwilling to pay $400 or more for an Apple or Samsung product.

  • Quiznos considers bankruptcy filing: Report Thursday, 27 Feb 2014 | 3:18 PM ET
    A Quiznos location in Denver.

    Quiznos is preparing to file for bankruptcy within a few weeks as it battles with declining sales, The Wall Street Journal reported.

  • Pepsi pours cold water on 'costly' Peltz plan Thursday, 27 Feb 2014 | 2:49 PM ET
    Nelson Peltz says plans to take case on Pepsi directly to shareholders.

    Activist investor Nelson Peltz added more pressure to PepsiCo to split up the snack and beverage behemoth.

  • Honey, can you pick up a tablet at the grocery store? Thursday, 27 Feb 2014 | 1:56 PM ET

    Tesco in Britain and Walmart in the United States, are selling their own branded tablets pitched at customers unwilling to pay $400 or more for an Apple or Samsung product.

  • BOSTON, Feb. 25- When Alice Bast was diagnosed with celiac disease in 1994, she had to scour local health-food stores and send away to Canada for the gluten-free food her condition necessitated. Dillon estimates that where she used to spend $90 per week on groceries for her family of four, her weekly bill now is at least $130.

  • McDonald's eyes extending breakfast hours Monday, 24 Feb 2014 | 11:43 AM ET

    McDonald's is in the early stages of looking at whether it can make breakfast available later in the day.

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