Kroger rose $4.66 or 6.7 percent, to $74.31. Supervalu rose$. 23 or 2.3 percent, to $10.41. Whole Foods Market Inc. rose$. 81 or 1.5 percent, to $56.15.» Read More
LONDON, Feb 25- Ken Morrison, the son of Morrisons' founder and a former boss of the British grocer, has welcomed the appointment of ex-Tesco executive David Potts as Morrisons' new CEO. "It looks a good appointment... At Morrisons' annual shareholders' meeting last year Ken Morrison labelled the grocer's performance "disastrous" and called for its board to be bolstered...
LONDON, Feb 25- Britain's No. 4 supermarket Morrisons has named former Tesco executive David Potts as its new chief executive, completing a triumvirate of ex-Tesco men at the top of the firm. Having started off stacking shelves in his local store, he rose to head the firm's supply chain, its UK business and then its Asian operations. As Morrisons' chief financial...
Kroger fell$. 22 or. 3 percent, to $72.92. Supervalu fell$. 10 or 1.0 percent, to $10.20. Whole Foods Market Inc. fell$. 30 or. 5 percent, to $56.68.
Kroger fell$. 25 or. 3 percent, to $72.89. Supervalu fell$. 01 or percent, to $10.30. Whole Foods Market Inc. fell$. 17 or. 3 percent, to $56.81.
Kroger fell$. 16 or. 2 percent, to $72.98. Supervalu fell$. 03 or. 3 percent, to $10.27. Whole Foods Market Inc. fell$. 30 or. 5 percent, to $56.68.
Kroger rose$. 35 or. 5 percent, to $73.14. Supervalu fell$. 07 or. 7 percent, to $10.30. Whole Foods Market Inc. rose$. 26 or. 5 percent, to $56.98.
Kroger rose$. 14 or. 2 percent, to $72.93. Supervalu fell$. 13 or 1.2 percent, to $10.25. Whole Foods Market Inc. rose$. 45 or. 8 percent, to $57.16.
Kroger rose$. 02 or percent, to $72.81. Supervalu fell$. 09 or. 9 percent, to $10.28. Whole Foods Market Inc. rose$. 23 or. 4 percent, to $56.95.
India Pale Ales are growing rapidly, and variations on the hoppy beer are helping to keep them popular.
CARACAS, Feb 19- The U.S.-based owner of a supermarket chain taken over by Venezuela's socialist government hopes to recover his business despite accusations of hoarding goods to inflate shopping lines. Dia Dia owner Jose Vicente Aguerrevere, a Venezuelan who now lives in Boston after spending most of his life in Europe and the United States, told Reuters by...
*Carrefour to open first Kenya store this year. *Kenya seen as gateway to regional trade. Kenya, with a GDP of $53.4 billion, is a gateway to regional trade, but it holds other attractions for retail investors.
LONDON, Feb 19- Supermarket Asda, the British arm of United States retailer Wal-Mart, said on Thursday same store sales fell in its Christmas quarter, hurt by an escalating industry price war. Asda, which trails UK market leader Tesco by annual revenue, said sales at stores open over a year, excluding fuel, were down 2.6 percent on a year ago in the 12 weeks to Jan. 4, its...
Wal-Mart will report its earnings later today. Burt Flickinger, managing director at Strategic Resource Group, discusses what he's expecting.
Paul Bulcke, CEO of Nestle, talks the current volatility in the Swiss franc and the measures the company is taking to offset that.
Paul Bulcke, CEO of Nestle, discusses emerging markets and the growth of the company.
China's chocolate sales will grow to $4.3 billion by 2019, up nearly 60 percent from 2014, driven by a growing urban population, a Hershey official said.
LONDON, Feb 18- John Allan's credentials as a turnaround specialist have given the 66- year-old the chance to make his mark on Britain's cut-throat grocery industry as chairman of troubled Tesco, some 35 years after he left the supermarket sector. Described by analysts as "a shrewd operator" and "a safe pair of hands," Allan joins Britain's biggest retailer armed...
MEXICO CITY, Feb 17- Wal-Mart de Mexico, the country's biggest retailer, said on Tuesday fourth-quarter profit rose more than 40 percent, helped by a pickup in revenue and asset sales. Walmex has been selling non-core assets in Mexico as it seeks to focus on its supermarket business. The company, which is controlled by Wal-Mart Stores Inc, sold its restaurant...
James Knightley, U.K. economist at ING, says that falling oil and food prices were the main factors behind the fall in U.K. annual inflation.
The flower business is blooming for 1-800-FLOWERS, which has weathered downturns and the fact that consumers use them infrequently.