Food Retail
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Kroger rose$. 04 or. 1 percent, to $34.23. Safeway fell$. 21 or. 9 percent, to $23.18. Supervalu fell$. 03 or. 5 percent, to $6.45.
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TORONTO, May 2- Loblaw Cos Ltd, Canada's largest grocer, will continue to produce clothing in Bangladesh after a deadly textile factory collapse on April 24, but promised to improve the facilities it uses there, Executive Chairman Galen Weston said on Thursday. Some of Loblaw's Joe Fresh apparel was made in Rana Plaza.
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TORONTO, May 2- Loblaw Cos Ltd, Canada's largest grocer and the company behind the discount clothing brand Joe Fresh, is committed to staying in Bangladesh, but will take steps to improve facilities, its top executive said on Thursday.
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Yelp reported a narrower loss than in the year-earlier period and its revenue and outlook beat expectations. Shares rose after-hours.
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The Girl Scout cookie season will once again rake in record revenues. Many do not realize the scale of the "girl scout economy," reports CNBC's Kayla Tausche.
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Buffalo Wild Wings is launching a new craft beer, Game Changer, in collaboration with Redhook Brewing. The beer is designed to pair with the company's wings.
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The Food and Drug Administration is watching caffeinated foods and wants to know more about their safety, as new caffeine-laced products hit the market.
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April 30- Natural Grocers By Vitamin Cottage Inc:. Reuters Station users, click. 1568. Reuters Station users, click. 4899.
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The idea of food being "the next big thing" is enticing a wide group of venture capitalists in Silicon Valley into making big bets on food, The New York Times Reports.
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DUBAI, April 29- Dubai retail firm Majid Al Futtaim is in advanced discussions to buy Egypt's largest supermarket chain from family-owned Mansour Group, two sources said on Monday.
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Starbucks hit its earnings target amid a strong increase in US same-store sales. Its outlook disappointed, however, sending shares lower after-hours.
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April 25- Safeway Inc on Thursday reported first-quarter sales below analysts' forecasts, sending the supermarket operator's shares tumbling as much as 20 percent in morning trading.
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April 24- Supermarket operator Supervalu Inc, trying to slim down its business, on Wednesday reported a wider quarterly loss mainly on weak sales at its retail food segment.
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April 24- Supermarket operator Supervalu Inc, which recently sold nearly 900 supermarkets in a $3.3 billion deal, on Wednesday reported a wider quarterly loss as it worked on slimming down its business.
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Wal-Mart Stores said that members of its board's audit committee were paid more due to extra work they had to take on to handle an ongoing investigation into alleged bribery.
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Jose Martins Soares, emerging markets lead analyst at Espirito Santo Investment Bank, believes emerging markets are key to food business growth as global food demand grows.
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LONDON, April 17- Britain's sluggish economy and the growth of online shopping has killed the space race among British supermarkets, leaving Tesco sitting on over 100 unwanted sites it could take a long time to sell, property experts said.
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Fairway hopes the investing public will aid in its expansion after its stock starts trading for the first time. The New York Times reports.
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Deloitte’s American Pantry Survey found brand loyalty has fallen for the third year in a row, with nearly nine in ten consumers substituting private-label brands for national ones.
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The two-week battle for the best beer labels has come to an end and Troegs Brewing Nugget Nectar took home the title of CNBC Beer News "Beer Label Madness" Champion.
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April 12- Starbucks Corp on Friday said it would cut grocery list prices on its namesake and Seattle's Best packaged coffee by 10 percent or more on May 10, as coffee costs fall and it fights for more sales through supermarkets and other retailers.
