Kroger fell$. 12 or. 2 percent, to $52.03. Safeway fell$. 06 or. 2 percent, to $34.22. Supervalu fell$. 29 or 3.1 percent, to $9.19.» Read More
Aug 19- Southeastern Grocers LLC, which operates supermarket chains Winn- Dixie and BI-LO, called off its plans for an initial public offering, joining a list of companies that have pulled their offerings this year. The company runs more than 650 BI-LO and Winn- Dixie stores in southeastern U.S. states of Florida, Alabama, Louisiana and Georgia.
Aug 19- Southeastern Grocers LLC, which operates supermarket chains Winn-Dixie and BI-LO, said on Tuesday it would withdraw its plans for an initial public offering. The Jacksonville, Florida- based company filed with the U.S. Securities and Exchange Commission in September for an IPO of up to $500 million.
The fast-food chain is preparing to go public, seeking to tap stock market demand for popular casual dining companies, according to sources.
Two major grocery store chains—Supervalu and Jewel-Osco—said they may have been adversely affected by computer data breaches.
Aug 14- Supervalu Inc is in the early stages of investigating a potential data breach that could have affected more than 1,000 stores, the Wall Street Journal reported on Thursday, citing people with knowledge of the matter.
Aug 14- U.S. supermarket chain Supervalu Inc is investigating a potential data breach that could have affected more than 1,000 of its stores, the Wall Street Journal reported on Thursday, citing people with knowledge of the matter. Supervalu had 3,763 stores as of April, according to a regulatory filing. Supervalu was not immediately available for comment.
LONDON, Aug 14- Supermarket Asda, the British arm of the world's biggest retailer Wal-Mart, posted a 0.5 percent rise in second-quarter underlying sales in a tough grocery market seeing its slowest growth in a decade.
While restaurants in New York are closing every day, here's how Russ & Daughters, which serves up lox, herring and more, has endured for 100 years.
The gum market has declined a tenth in sales and a fifth in volume in the last five years, but natural gum's bubble is just inflating.
Craft soda may be little, but as local companies get picked up by Walmart and big players boost profits, it proves fierce.
Whole Foods Market reported quarterly earnings that beat analysts' expectations on Wednesday, but revenue trailed.
Arthur T. Demoulas' bid to buy Market Basket is the only bid left on the table as the retailer moves closer to a deal, The Boston Globe reported.
Russia's consumer protection agency, Rospotrebnadzor, filed a lawsuit that would ban many McDonald's items. NBC News reports.
Investors are honed in on consumer companies that use cocoa as a raw ingredient to see how they manage costs to protect the bottom line.
A workers' revolt at Market Basket supermarkets has led to empty store shelves, angry customers and support for a boycott from politicians.
Recent stories reported a coming worldwide kale shortage due to an absence of seeds at Australia's Bejos Seeds. The truth is something else.
July 24- Canada's largest grocer Loblaw Cos Ltd's quarterly profit handily beat analysts' expectations, helped by strong pharmacy sales in its recently acquired Shoppers Drug Mart. Sales at Shoppers accounted for more than a quarter of Loblaw's total sales of C $10.31 billion in the second quarter.
July 24- Loblaw Cos Ltd, Canada's largest grocer, reported a 37 percent rise in quarterly revenue, helped by sales from recently acquired Shoppers Drug Mart.
AJE Group, the company that owns Big Cola, is battling Coke and Pepsi in Asian and Latin American markets. Financial Times reports.
A former grocery store chain president has asked his family company to reinstate employees who were fired for protesting his termination.