Kroger rose$. 36 or. 5 percent, to $68.32. Safeway fell$. 15 or. 4 percent, to $35.14. Supervalu rose$. 12 or 1.2 percent, to $10.24.» Read More
Some commercially produced caramel apples may have caused an outbreak of food poisoning linked to five deaths.
From an investment perspective, how can you find opportunity in popular festive cocktails? Trevor Stirling, European beverages analyst at Sanford C. Bernstein, says we've moved away from gummy bear and cookie dough flavoured vodkas, towards flavoured whisky.
Cereal Killer Cafe opened last week in London's hip East End. Here, CNBC looks at some of world's craziest hipster hangouts.
PARIS, Dec 18- Supermarkets group Carrefour has sold a 10 percent stake in its Brazilian business to billionaire Abilio Diniz, securing local retail expertise to support growth in its second largest market and in a first step towards a separate listing. Carrefour said the transaction had closed, and that "this opening of the capital of the Brazilian subsidiary...
SAO PAULO, Dec 17- Brazilian billionaire Abilio Diniz agreed to buy a 10 percent stake in Carrefour SA's Brazilian unit, a source with direct knowledge of the situation said on Wednesday, potentially strengthening its ability to take on the supermarket chain Diniz's father founded. Under terms of the deal, Diniz, whose Peninsula Participações holding...
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...
The confluence of many bad events will cause an avocado price spike and supply shortage in the coming months.
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's Benjamin Edelman, who apologized for an email blitz over a $4 overcharge, had a previous fight with another eatery, Boston.com reports.
A Harvard Business School professor is saying he's sorry for over-the-top emails complaining about a $4 takeout overcharge.
A Harvard Business School associate professor just couldn't let it go when he was overcharged $4 for Chinese takeout.
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...
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.
*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.
Tesco has issued another profit warning, but CEO Dave Lewis says he is "quietly optimistic". Bruno Monteyne, an analyst at Bernstein, discusses.
McDonald's released a video revealing the step by step process of how their McNuggets are made, reports the Today show.
*Says 2014-15 trading profit will not exceed 1.4 bln stg. LONDON, Dec 9- Tesco cut profit expectations for the fourth time in five months on Tuesday as the cost of rebuilding after an accounting scandal and a dramatic loss of market share increased pressure on the British grocer and its new boss. Chief Executive Dave Lewis, who joined to rescue Britain's largest...
General Mills announced the return of the previously discontinued French Toast Crunch, a toast-shaped, maple-flavored cereal.
Dec 4- Kroger Co, the biggest U.S. supermarket operator, reported quarterly profit above Wall Street's expectations and raised its adjusted profit forecast for the year, helped by the acquisition of Harris Teeter Supermarkets Inc.. Kroger completed its $2.5 billion acquisition of Harris Teeter in January, adding more than 200 supermarkets, mostly in the...