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  • LONDON, March 17- British supermarket Sainsbury's posted a fifth straight quarter of declining underlying sales and said it did not expect the trading environment to improve any time soon. The group, which trails market leader Tesco and Wal-Mart's Asda by annual sales, said on Tuesday sales at stores open over a year fell 1.9 percent, excluding fuel, in the 10...

  • Sainsbury's sales dip for fifth straight quarter Tuesday, 17 Mar 2015 | 3:09 AM ET

    LONDON, March 17- British supermarket Sainsbury's posted a fifth straight quarter of declining underlying sales and said it did not expect the trading environment to improve any time soon. The group, which trails market leader Tesco and Wal-Mart's Asda by annual sales, said on Tuesday sales at stores open over a year fell 1.9 percent, excluding fuel, in the 10...

  • How Foodpanda aims to change food delivery   Sunday, 15 Mar 2015 | 9:46 PM ET
    How Foodpanda aims to change food delivery

    Inna Leontenkova, managing director at Foodpanda, explains how the company wants to revolutionize food ordering experiences and outlines plans for the money raised from its latest funding.

  • Starbucks tries cold brew in hot market Friday, 13 Mar 2015 | 2:56 PM ET
    Starbucks' Cold Brew is coffee steeped using cool water, while traditional iced coffee is made by brewing hot coffee at double-strength and pouring over ice.

    Starbucks is about to roll out yet another way to get customers to spend a bit more for coffee: cold brew. USA Today reports.

  • Pirate Joe's buys at Trader Joe's, sells in Canada Thursday, 12 Mar 2015 | 1:44 PM ET
    Pirate Joe's

    Pirate Joe's, which sells Trader Joe's brand goods in Vancouver, is planning to add a second store and an online storefront.

  • *Amazon seen eventually launching "Fresh" in Germany. COLOGNE, Germany, March 12- Germany's second-biggest supermarket group REWE is investing heavily in grocery ecommerce even though it does not expect to turn a profit soon, as it braces for Amazon to expand its food delivery service. The online customer is our opportunity to become the number one in Germany.

  • LONDON, March 12- The daunting task facing the new boss of Morrisons was illustrated on Thursday when Britain's fourth biggest supermarket reported its lowest annual profit in eight years and warned investors it would cut its dividend. David Potts, a former executive of market leader Tesco, starts as Morrisons CEO on Monday. "Whilst our broad strategy of saving...

  • 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.