Food & Beverage Food and Staples Retailing

  • PARIS, Jan 17- Supermarket retailer Casino, which is battling investor concerns over its high debt, said revenue growth slowed down slightly in the fourth quarter as anti-government protests in France impacted sales at its Geant hypermarkets. Casino, which is shedding assets to help cut its debts and which recorded a robust sales performance in its...

  • PARIS, Jan 16- Carrefour will audit the slaughterhouses which supply its own-brand meat and ask them to install cameras in response to rising consumer demand for socially responsible practices. Europe's largest supermarket retailer said on Wednesday it would conduct 84 audits of slaughterhouses that supply products sold under its brands before the end of...

  • Jan 15- CVS Health Corp said on Tuesday Walmart Inc is leaving its network for commercial and Medicaid prescription drug plans after the two companies failed to agree on pricing. CVS said the dispute would not impact Walmart's presence in its Medicare Part D pharmacy network, which according to Cowen& Co analyst Charles Rhyee was a bright spot as it represented a...

  • Jan 15- Walmart Inc has opted to end its involvement in the network of commercial and Medicaid pharmacies run by CVS Health Corp after the two companies failed to agree on pricing, CVS said on Tuesday. Walmart sought reimbursement increases that would lead to higher costs for clients and consumers, CVS said, adding that the dispute would not affect the pharmacy...

  • Jan 15- Walmart Inc's pharmacies are expected to leave CVS Health Corp's drugstore networks due to a dispute over pricing, the Wall Street Journal reported on Tuesday. CVS Caremark, the pharmacy-benefits unit of CVS Health, said the dispute does not affect the pharmacy networks in its Medicare plans and does not involve Sam's Club stores, Walmart's chain of...

  • Kroger CEO: The market is exciting in the short term, and worrying in the long term

    CNBC's Sara Eisen discusses her interview with Kroger CEO Rodney McMullen at the National Retail Federation annual convention, where she got his take on the future of retail and his view on the economy.

  • Sainsbury's reported a worse-than-expected fall in Christmas sales, confirming that Britain's second-largest supermarket group has fallen behind competitors as it battles to acquire smaller rival Asda. Mothercare Plc's third-quarter group sales slipped 18 percent on lower online sales of baby products and fewer discounts, which led to a double digit...

  • LONDON, Jan 9- Sainsbury's reported a worse-than-expected fall in Christmas sales on Wednesday, confirming that Britain's second-largest supermarket group has fallen behind rivals as it battles to acquire smaller rival Asda. Sainsbury's like-for-like sales, excluding fuel, fell 1.1 percent in the 15 weeks to Jan. 5- below analysts' average forecast of a 0.2...

  • LONDON, Jan 9- Sainsbury's, Britain's No. 2 supermarket group that is battling to take over No. 3 Asda, reported a worse-than-expected fall in underlying sales in the key Christmas quarter, hurt by poor demand for general merchandise. "Retail markets are highly competitive and very promotional and the consumer outlook continues to be uncertain," said Chief...

  • LONDON, Jan 9- Sainsbury's, Britain's No. 2 supermarket group that has agreed to take over No. 3 Asda, reported a worse-than-expected fall in underlying sales in the key Christmas quarter. The group said on Wednesday like-for-like sales, excluding fuel, fell 1.1 percent in the 15 weeks to Jan. 5, its fiscal third quarter. That compares with analysts' average forecast of...

  • *UK grocers' market share: https://tmsnrt.rs/2RCNN7f. LONDON, Jan 8- Morrisons, Britain's No. 4 supermarket chain, reported weaker-than-expected Christmas sales with growth slowing at both its retail and wholesale businesses, as discounters Aldi and Lidl emerged as the major winners over the festive period. Traditionally, British consumers have traded-up to...

  • Jan 8- British retailers are giving updates on Christmas trading, by far their busiest and most important period of the year, stretching from "Black Friday" on Nov. 23 to. Aldi UK, the British arm of the German discount supermarket, said its sales increased around 10 percent to almost 1 billion pounds in December, driven by increased demand for its premium ranges.

  • By James Davey and Kate Holton. LONDON, Jan 8- Morrisons, Britain's fourth largest supermarket, reported weaker-than-expected Christmas sales on Tuesday with growth slowing at both its retail and wholesale businesses, partly reflecting market share gains by discounters Aldi and Lidl. Britain's supermarkets including market leader Tesco, Sainsbury's and...

  • LONDON, Jan 8- Asda was the best performer of Britain's big four supermarket groups in the key Christmas quarter, though all lost market share to discounters Aldi and Lidl, industry data showed on Tuesday. Market researcher Kantar Worldpanel said sales at Walmart's Asda, which has agreed to be taken over by Sainsbury's, rose 0.7 percent in the 12 weeks to Dec. 30.

  • LONDON, Jan 8- Morrisons, Britain's fourth largest supermarket group, missed Christmas sales forecasts as weak consumer demand hit its retail and wholesale businesses. The supermarket operator, based in Bradford in northern England, said like-for-like sales excluding fuel rose 3.6 percent in the nine weeks to Jan. 6. "This is Morrisons fourth consecutive...

  • LONDON, Jan 8- Morrisons, Britain's fourth largest supermarket group, missed forecasts as its sales growth slowed in both its retail and wholesale businesses over the key Christmas period. The Bradford, northern England, based grocer said like-for-like sales, excluding fuel, rose 3.6 percent in the nine weeks to Jan. 6. Morrisons did, however, say its expectations...

  • Jan 7- British retailers are giving updates on Christmas trading, by far their busiest and most important period of the year, stretching from "Black Friday" on Nov. 23 to. Aldi UK, the British arm of the German discount supermarket, said its sales increased around 10 percent to almost 1 billion pounds in December, driven by increased demand for its premium ranges.

  • Jan 7- British retailers are giving updates on Christmas trading, by far their busiest and most important period of the year, stretching from "Black Friday" on Nov. 23 to. Aldi UK, the British arm of the German discount supermarket, said its sales increased around 10 percent to almost 1 billion pounds in December, driven by increased demand for its premium ranges.

  • LONDON, Jan 7- Aldi UK, the British arm of the German discount supermarket, said on Monday its sales increased 10 percent in the key Christmas week, driven by demand for premium ranges. Aldi, along with rival German discounter Lidl, has been winning UK market share from Britain's big four grocers- market leader Tesco, Sainsbury's, Asda and Morrisons.

  • LONDON, Jan 4- Britain's Marks& Spencer is expected to report another fall in underlying sales in both clothing and food in its Christmas quarter, while the major grocers are forecast to show a slowdown in growth as the discounters march on. Expectations for the UK retail sector going into Christmas were low after industry data showed the largest November drop in...