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General Merchandise Stores

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  • Dec 4- Canadian discount chain Dollarama Inc reported a better-than-expected quarterly profit, helped by strong Halloween sales and higher spending at established stores. Dollarama, which has 928 stores as of Nov. 2, said it opened 11 new stores in the quarter and was on track to open 70 to 80 new stores in fiscal 2015 ending January. Dollarama earned 55 Canadian...

  • Dec 4- Dollar General Corp reined in its full-year sales forecast and said it remained committed to buying Family Dollar Stores Inc, a deal that would allow it to keep its position as the No. 1 U.S. discount retailer. Dollar General will lose its top position if it fails to upend a merger agreement between Family Dollar and Dollar Tree Inc.. Dollar General took its $80...

  • Dec 4- Canadian discount chain Dollarama Inc reported a 18.4 percent rise in third-quarter profit, helped by strong Halloween sales and store openings. Net income rose to C $73 million, or 55 Canadian cents per share, in the quarter ended Nov. 2 from C $61.7 million, or 43 Canadian cents per share, a year earlier. The Montreal- based company's revenue rose 12.4 percent...

  • Dec 4- Dollar General Corp reported a 7.8 percent rise in quarterly sales and said it remained committed to buying Family Dollar Stores Inc, which has already agreed to be acquired by Dollar Tree Inc.. Dollar Tree will unseat Dollar General as the No. 1 U.S. deep-discount retailer if it closes the deal with Family Dollar. Dollar General's net income slipped to...

  • Dollar Tree posts best sales growth since 2011 Thursday, 20 Nov 2014 | 11:12 AM ET
    A Dollar Tree store in Miami, Florida.

    Discount retailer Dollar Tree raised its sales outlook for the year after recording its strongest growth in quarterly same-store sales since 2011.

  • UK supermarket sales fall for first time on record Tuesday, 18 Nov 2014 | 9:42 AM ET

    The U.K. grocery market has fallen into decline for the first time on record, as discount retailers lead a price war.

  • Carlsberg warns on profits over Russia hit Wednesday, 20 Aug 2014 | 12:05 PM ET
    A Carlsberg advertisement

    Carlsberg, the Danish brewer, became one of the first major European companies to warn over the impact of the Ukrainian crisis.

  • Family Dollar profit falls by a third Thursday, 10 Jul 2014 | 7:22 AM ET
    Family Dollar store

    Family Dollar's earnings fell by a third as the company resorted to discounts to clear inventory and competition intensified.

  • Stronger growth in US chain store sales figures: Pro

    Stronger growth in U.S. chain store sales is proof of robust consumer spending in the U.S., says Jharonne Martis, director of research at Thomson Reuters.

  • Cupcake shop Crumbs shuttering all its stores Tuesday, 8 Jul 2014 | 4:07 AM ET
    A selection of cupcakes is seen at Crumbs Bake Shop.

    Crumbs says it is shuttering all its stores, a week after the struggling cupcake shop operator was delisted from the Nasdaq.

  • Cereal industry ponders future as appetites change Saturday, 28 Jun 2014 | 7:00 AM ET

    Here are three ways Americans are taking a different approach to breakfast. Who may be the winners and losers of the shift?

  • Flu drug stockpiles a waste of money: Report Thursday, 10 Apr 2014 | 6:27 AM ET

    The U.K. and U.S. governments spent millions stockpiling a flu drug that is no better than paracetamol, according to a new report.

  • Where’s the beef? Industry at crossroads Thursday, 16 Jan 2014 | 12:20 AM ET

    Beef has never been more expensive, and rarely more controversial. From top-end T-bone to Big Mac, the future of the beef industry is at stake.

  • Sriracha fight set to simmer a little longer Friday, 22 Nov 2013 | 6:54 PM ET

    A Los Angeles Superior Court judge heard testimony Friday from attorneys for the city of Irwindale, Calif., and the owner of the Sriracha plant.

  • Watch: CNBC anchorman stays classy Thursday, 24 Oct 2013 | 5:52 AM ET

    CNBC anchorman Geoff Cutmore gave his best impression of Ron Burgundy on Squawk Box Europe this morning.

  • Is a Halal food market boom on its way? Friday, 27 Sep 2013 | 11:51 AM ET
    A halal butcher

    The halal food market has huge potential for growth after being largely neglected in the U.K.

  • Traditional grocers poised to join e-commerce boom Thursday, 19 Sep 2013 | 6:00 AM ET
    A Peapod worker at one of its online distribution facilities in Lake Zurich, Ill.

    A distribution model popular in Europe could finally give U.S. grocery stores a solid online footing.

  • Bag ban: New York's future may not be in plastics Wednesday, 21 Aug 2013 | 5:52 PM ET

    At least nine City Council members back legislation to require most retailers to charge customers 10 cents for each bag.

  • Russia gives Carlsberg a hangover Wednesday, 21 Aug 2013 | 5:59 AM ET
    A Carlsberg advertisement

    After Danish brewer Carlsberg announced disappointing second quarter profits, the company's CEO placed the blame firmly on Russia, where a raft of legislation has heavily regulated the sale of alcohol.

  • Watch: Is this the hypermarket of the future? Friday, 9 Aug 2013 | 5:39 AM ET

    Tesco has unveiled a brand new concept store in the UK in Watford. Tesco Extra is the latest experiment in transforming the supermarket into a retail destination.