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Food and Beverage Food and Staples Retailing

  •  Wal-Mart customer peruses the soda aisle

    A study finds that people in Philadelphia are still buying sugary drinks, but they're traveling outside city limits to stock up.

  • ISTANBUL, Aug 21- Turkish discount retailer Sok is planning an initial public offering in 2018, two sources familiar with the matter told Reuters, the latest sign that Turkey's IPO market may be coming back to life. Sok, with more than 4,700 stores and 21,000 employees, is one of Turkey's biggest discount retailers, selling groceries, fresh produce and household...

  • NEW YORK— Walmart is expanding its grocery delivery service with ride-hailing service Uber to two more markets— Dallas and Orlando, Florida. The move, announced Monday, marks the latest steps that Walmart is taking to offer more options for online grocery shoppers amid increasing competition from online leader Amazon.com. On Wednesday, stockholders of Whole...

  • In July, marijuana went up for sale at 16 pharmacies as part of a 2013 law that made Uruguay first to legalize a pot market covering the entire chain from plants to purchase. State-owned Banco Republica, Uruguay's largest bank, also told pot-selling pharmacies that it must close their accounts. Diego Olivera, secretary-general of Uruguay's National Drugs...

  • The retailer going after Amazon's Achilles heel

    Jim Cramer says Wal-Mart is the only retailer whose suppliers give it a viable way to compete head-to-head with Amazon.

  • Cramer reveals the one retailer going after Amazon's Achilles heel

    Jim Cramer says Wal-Mart is the only retailer whose suppliers give it a viable way to compete head-to-head with Amazon.

  • A cashier completes a purchase at a Walmart store in Burbank, California.

    Jim Cramer says Wal-Mart is the only retailer whose suppliers give it a viable way to compete head-to-head with Amazon.

  • CHICAGO, Aug 17- Wal-Mart Stores Inc warned on Thursday that this quarter's earnings could miss Wall Street's estimates as the world's biggest retailer struggles with falling margins due to price-cutting and heavy spending on its e-commerce operations. Wal-Mart has also been cutting grocery prices to remain competitive against discounters like...

  • LONDON, Aug 17- Asda, the British supermarket arm of Wal-Mart, the world's largest retailer, reported its first underlying sales growth in three years on Thursday and said its back-to-basics turnaround under a new management team was working. Of Britain's big four supermarket players- market leader Tesco, Sainsburys, Asda and Morrisons-- Asda has been hurt the...

  • LONDON, Aug 17- Asda, the British supermarket arm of Wal-Mart, the world's largest retailer, on Thursday reported its first underlying sales growth for three years, helped by food price inflation and very weak comparative numbers last year. Asda, the UK's third largest grocer after market leader Tesco and No. 2 Sainsbury's, said like-for-like sales rose 1.8...

  • LONDON, Aug 17- Asda, the British supermarket arm of Wal-Mart, the world's largest retailer, on Thursday reported its first underlying sales growth for three years, helped by food price inflation and very weak comparative numbers last year. Asda, the UK's third largest grocer after market leader Tesco and No. 2 Sainsbury's, said like-for-like sales rose 1.8...

  • CHICAGO, Aug 14- Target Corp said on Monday it has hired two former executives from Wal-Mart Inc and General Mills Inc to join its food and beverage business, as the retailer seeks to revamp its grocery aisles. Mark Kenny, former senior director of private brands, deli and bakery at Wal-Mart, has been appointed as Target's vice president of meat and fresh prepared...

  • To boost its grocery business, the company said it hired executives from rival Walmart and from Cheerios maker General Mills. Target's grocery section hasn't been as big a draw for shoppers as the department has been for Walmart. Mark Kenny, who will join Target from Walmart later this month, will oversee Target's meat, seafood and deli sections.

  • NEW YORK— Aldi, the no-frills German grocer that's expanding in the U.S., says it will offer grocery delivery for the first time in three American cities by the end of the month. The company says it has a partnership with Instacart to deliver groceries to customers in Atlanta, Dallas and Los Angeles. Shoppers will be able to order goods on Instacart's website or app,...

  • But that hasn't stopped stores in Germany and the Netherlands from stripping them from supermarket shelves, or prevented other European food safety agencies from issuing warnings. Amsterdam shopper Karla Spreekmeester said Friday that she only buys eggs from stores selling organic food products. The EU said contaminated eggs have been found at producers...

  • SAN FRANCISCO, Aug 11- Amazon.com Inc is exploring a technology first developed for the U.S. military to produce tasty prepared meals that do not need refrigeration, as it looks for new ways to muscle into the $700 billion U.S. grocery business. It could also complement Amazon's planned $13.7 billion purchase of Whole Foods Market Inc and Amazon's checkout-free...

  • *Competition intensifying for share of China's grocery market. HONG KONG, Aug 10- Sun Art Retail Group Ltd, China's No.2 hypermarket operator, on Thursday said it was betting on a new online delivery strategy to take on e-commerce players as competition hots up in the country's $700- billion grocery market. The retailer, which posted a higher net profit for the...

  • The media mogul teamed up with food giant Kraft Heinz to launch the line after creating a joint venture earlier this year. Kraft Heinz Co. said the new brand has no connection to Winfrey's deal with Weight Watchers and won't mention the weight loss program on its packaging. Winfrey bought a 10 percent stake in Weight Watchers two years ago and appears in its ads.

  • THE HAGUE, Netherlands— Net profit at Dutch-Belgian supermarket giant Ahold Delhaize, operator of U.S. chains including Stop& Shop and Giant, soared 68 percent in the second quarter to 355 million euros as the company benefited from savings generated by last year's merger of the Ahold and Delhaize groups. The company said Wednesday that sales rose 67 percent to...

  • AMSTERDAM, Aug 9- Dutch-Belgian supermarket company Ahold Delhaize on Wednesday said its second-quarter net profit rose 68 percent, on the back of strong sales growth in the Netherlands and improving results at its U.S. stores. "We look toward the second half of the year with confidence and expect our underlying operating margin for the full year 2017 to be...