Food Retail


  • UPDATE 1-Whole Foods sales accelerate, shares rise Wednesday, 11 Feb 2015 | 4:50 PM ET

    Feb 11- Whole Foods Market Inc on Wednesday said same-store sales have accelerated, helped by stronger consumer confidence and shoppers' positive response to the upscale grocer's price cutting and its first national advertising campaign. Shares in the largest U.S. organic and natural food supermarket were up 2.1 percent in extended trading after the news...

  • Nestle takes on Hershey's in non-chocolate wars Wednesday, 11 Feb 2015 | 3:09 PM ET
    Red licorice

    For years, Hershey-owned Twizzlers have twisted the licorice market to its own desires. Now, Nestle wants a bite of that action.

  • *Kantar says Tesco sales up 0.3 pct in 12 weeks to Feb. 1 Tesco outcome is first growth since Jan. 2014. LONDON, Feb 10- Britain's biggest supermarket has recorded its first sales rise since January 2014, data showed on Tuesday, suggesting attempts by Tesco's new boss to restore an image dented by a price war with discounters and an accounting scandal may be bearing...

  • Should McDonald's fix its menu or its restaurants? Monday, 9 Feb 2015 | 11:38 AM ET
    People walk past a McDonald's restaurant, June 9, 2014, in New York.

    If McDonald's wants to turn around its losing streak, should the company focus on improving its menu or its restaurant experience?

  • Upscale Godiva aims for 'everyday' options Sunday, 8 Feb 2015 | 3:30 PM ET
    Godiva soft serve ice cream cone.

    For most men, Valentine's Day isn't on the radar just yet. That's a boom for Godiva, which is trying to be more accessible.

  • How to make money by charging for reservations Saturday, 7 Feb 2015 | 2:00 PM ET
    The Presto restaurant tablet.

    Competition to snag a reservation at hot eateries borders on cutthroat. Enter Resy, a new app that can get you a table, but at a price.

  • British tastebuds caught in crossfire of chocolate war Saturday, 7 Feb 2015 | 1:55 AM ET

    Brits living in the U.S. now have to settle for American versions of chocolate after the confectionery giant Hershey forced two companies to stop importing UK-made versions. The FT reports.

  • Taco Bell is stuffing their taco shells with this Friday, 6 Feb 2015 | 4:09 PM ET
    Taco Bell's new Quesalupa

    Taco Bell figures if the pizza guys can stuff cheese into pizza crust, it, too, can stuff cheese into a crispy shell, USA Today reports.

  • LONDON, Feb 5- Britain's grocery industry watchdog opened an investigation on Thursday into Tesco's relations with its suppliers, dealing a further blow to the battered reputation of the country's biggest supermarket. The Groceries Code Adjudicator Christine Tacon, set to be given the power to fine retailers up to one percent of their annual UK turnover, said...

  • LONDON, Feb 5- Britain's grocery industry watchdog said on Thursday it had launched an investigation into supermarket Tesco's supplier practices with have resulted in delayed payments. The watchdog said the probe, which will cover the conduct of Tesco from June 25 2013 to Feb. 5 2015, was expected to take place over the next six to nine months and called for...

  • CARACAS, Feb 3- Venezuela said on Tuesday it has temporarily taken over 35 stores belonging to the "Dia a Dia" supermarket chain on charges it squirreled away food to stoke public exasperation over widespread shortages. Venezuela's head of the National Assembly, Diosdado Cabello, confirmed on Tuesday that the chain was Dia a Dia, which chiefly caters to the...

  • Are hot IPOs like Shake Shack really worth it? Tuesday, 3 Feb 2015 | 11:38 AM ET
    Shake Shack workers prepare orders on August 18, 2014 in Madison Square Park in New York City. Shake Shack is allegedly considering going public and holding an initial price offering (IPO).

    Are hot IPOs like Shake Shack really a good buy or just hype? Peter Tanous crunches the numbers — and you might be surprised by the results.

  • LONDON, Feb 3- British online grocer Ocado reported an annual pretax profit for the first time in its 15 year history on Tuesday and said it aimed this year to seal its first technology deal with an overseas retailer. Ocado, founded by three former Goldman Sachs bankers in 2000, has divided analysts like few other stocks, with some viewing its door-step deliveries...

  • LONDON, Feb 3- British online grocer Ocado on Tuesday posted an annual pretax profit for the first time since it was founded in 2000.. Ocado, whose range includes products supplied by upmarket grocer Waitrose, had previously reported full-year group sales rose 20.4 percent to 1.03 billion pounds. Ocado said it was confident that it had significant...

  • UK online grocer Ocado makes first annual profit Tuesday, 3 Feb 2015 | 2:13 AM ET

    LONDON, Feb 3- British online grocer Ocado on Tuesday posted an annual pretax profit for the first time since it was founded in 2000.. The firm, which signed its first third-party deal with Britain's No. 4 grocer Morrisons in 2013, said it made a pretax profit before one off items of 10.1 million pounds in the year to Nov. 30 2014.. Ocado, whose range includes products...

  • Four reasons why Shake Shack is a 'sell' Monday, 2 Feb 2015 | 10:34 AM ET
    A sign hangs over the entrance of a Shake Shack restaurant on January 28, 2015 in Chicago, Illinois.

    Shake Shack is getting a lot of hype but Turney Duff, who knows a thing or two about eating and investing in burgers, says this stock is a "sell."

  • What's next for Shake Shack after monster IPO? Friday, 30 Jan 2015 | 10:12 AM ET
    Shake Shack founder Danny Meyer rings a ceremonial bell during the company's IPO on the floor of the New York Stock Exchange on Jan. 30, 2015.

    Shares of the hamburger chain surged more than 130% as it commenced trading on Friday.

  • Deliveroo: Restaurant cuisine at your door  Friday, 30 Jan 2015 | 5:55 AM ET

    Fred Destin, partner of Accel Partners discusses why his company has invested in the food tech start-up "Deliveroo."

  • Shake Shack prices IPO at $21 a share Thursday, 29 Jan 2015 | 5:56 PM ET
    A sign hangs over the entrance of a Shake Shack restaurant on January 28, 2015 in Chicago, Illinois.

    Analysts had expected the price to fall within a range of $17 to $19 a share, up from the original forecast of $14 to $16 a share.

  • WASHINGTON, Jan 27- Supermarket chains Albertsons and Safeway agreed to sell 168 stores in eight states to win U.S. antitrust approval for their $9.2 billion merger, the Federal Trade Commission said on Tuesday. Albertsons, which has 630 supermarkets under various brand names, and Safeway, which has 1,332 stores, will divest stores in Arizona, California, Montana,...