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  • LONDON, March 12- Britain's John Lewis Partnership posted a 9 percent fall in underlying profit on Thursday after an industry price war hit its Waitrose supermarket business, forcing it to cut its staff bonus payout for a second straight year. The 150- year-old employee-owned group, which runs Britain's biggest department store chain as well as its sixth...

  • LONDON, March 12- Britain's John Lewis Partnership posted a 9 percent fall in underlying profit on Thursday after an industry price war hit its Waitrose supermarket business, forcing it to cut its staff bonus payout for a second straight year. The employee-owned group, which runs Britain's biggest department store chain as well as its sixth largest...

  • LONDON, March 12- Britain's fourth biggest supermarket Morrisons signalled it would cut its dividend in 2015 after it reported its lowest annual profit in eight years on Thursday, hurt by a fierce industry price war. Last month the Bradford, northern England, based group, named former Tesco executive David Potts as its new CEO, succeeding Dalton Philips, who was...

  • Morrisons year profit more than halves Thursday, 12 Mar 2015 | 3:25 AM ET

    Annual profit at Britain's fourth biggest grocer Morrisons slumped 52 percent to an eight-year low, damaged by a strategic decision to slash prices.

  • LONDON, March 12- Annual profit at Britain's fourth biggest grocer Morrisons slumped 52 percent to an eight-year low, damaged by last year's strategic decision to slash prices to stem the loss of shoppers to discounters Aldi and Lidl. Morrisons, which trails market leader Tesco, Wal-Mart's Asda and Sainsbury's in annual sales, said on Thursday it made an...

  • The fizzy future of champagne   Wednesday, 11 Mar 2015 | 12:50 PM ET
    The fizzy future of champagne

    Francoise Peretti, director of the UK Champagne Bureau, discusses why the champagne business is still booming.

  • These restaurant stocks could be tasty: Analyst Tuesday, 10 Mar 2015 | 5:09 PM ET
    Restaurant stocks with potential

    Stephens restaurant analyst Will Slabaugh shares his top restaurant picks with CNBC's "Power Lunch."

  • UPDATE 2-Tesco turnaround gathers pace under new CEO Tuesday, 10 Mar 2015 | 7:19 AM ET

    LONDON, March 10- Britain's Tesco posted its strongest sales performance in 18 months, industry data showed on Tuesday, adding to evidence that new boss Dave Lewis's turnaround plan is making an impact as a supermarket price war intensifies. Since joining the troubled grocer last September, Lewis has cut prices on fresh produce and branded goods, improved...

  • LONDON, March 10- Britain's biggest supermarket Tesco recorded its strongest sales performance in 18 months, industry data showed on Tuesday, adding to evidence new boss Dave Lewis' turnaround plan is making an impact. Market researcher Kantar Worldpanel said Tesco's sales rose 1.1 percent over the 12 weeks to March 1. The increase helped Tesco arrest its...

  • March 9- Loblaw Cos Ltd, Canada's largest grocer, said on Monday that it would open more than 50 stores and renovate more than 100 in 2015, creating 5,000 in-store jobs. The investment will also stimulate about 15,000 construction and trade jobs, said Kevin Groh, Loblaw's vice president of corporate affairs and communication. Loblaw and other Canadian retailers,...

  • Water, water everywhere—and it costs too much Sunday, 8 Mar 2015 | 3:09 PM ET
    smartwater

    The price of a bottle of water has sparked a legal war between two retailers, and Los Angeles' main travel artery is the battleground.

  • Sick of snow? Click here for travel deals: Expert Sunday, 8 Mar 2015 | 11:00 AM ET
    A rendering of SkyRise Miami

    Travel season is quickly approaching, and experts say now is the time to look for vacation bargains.

  • Dunkin’ buyers more loyal than Starbucks hipsters Thursday, 5 Mar 2015 | 11:23 AM ET
    Dunkin Perks

    A Wall Street report lays out an interesting case for buying Dunkin' Brands shares.

  • LONDON/ PARIS, March 5- European shares touched a fresh 7-1/ 2 year high on Thursday, boosted by encouraging comments from the European Central Bank and by strong results from supermarket Carrefour and fund manager Schroders. ECB President Mario Draghi said the bank's bond-buying program, due to start on Monday, could last beyond September 2016 if needed and...

  • March 5- Kroger Co, the biggest U.S. supermarket operator, forecast a full-year profit above analysts' estimates as it benefits from its acquisition of Harris Teeter Supermarkets Inc and higher margins on fuel. Kroger shares rose 6.7 percent to a record high of $74.30 in morning trading on Thursday. Kroger completed its $2.5 billion acquisition of Harris Teeter...

  • Supermarket operator Kroger's profit rises 23 pct Thursday, 5 Mar 2015 | 8:53 AM ET

    March 5- Kroger Co, the biggest U.S. supermarket operator, on Thursday reported a 23 percent rise in quarterly profit, helped by its acquisition of Harris Teeter Supermarkets Inc and higher margins on fuel. Net income attributable to Kroger rose to $518 million, or $1.04 per share, in the fourth quarter ended Jan. 31, from $422 million, or 81 cents per share, a year...

  • Costco earnings 'very solid': Analyst   Thursday, 5 Mar 2015 | 5:40 AM ET
    Costco earnings 'very solid': Analyst

    Costco has reported its second-quarter earnings. Brian Nagel, retail analyst at Oppenheimer & Co, says it's another "very solid" report.

  • What's for dinner? Restaurants serve new concepts Wednesday, 4 Mar 2015 | 11:15 AM ET
    Bubba's burger

    How do restaurants expand? They build their existing business or buy growth. Here are a number of concepts that restaurants are betting on.

  • Supermarket exec jailed for insider trading Wednesday, 4 Mar 2015 | 1:19 AM ET

    The former group treasurer and head of tax at WM Morrison Supermarkets has been sentenced to 12 months in jail for insider trading.

  • LONDON, March 3- The former group treasurer and head of tax at British high street retailer WM Morrison Supermarkets Plc has been sentenced to 12 months in jail for insider trading by an English court. The Financial Conduct Authority said on Tuesday Paul Coyle had pleaded guilty to two counts of using confidential, price-sensitive information to trade in...