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Food and Beverage Food and Staples Retailing

  • Kroger began experimenting with meal kits at four stores in the Cincinnati area in May.

    Whole Foods and Kroger are adopting the meal kit concept as they fend off competition from companies like Blue Apron.

  • Aug 8- CVS Health Corp, the No.2 U.S. drugstore chain by store count, reported an 18.8 percent rise in quarterly profit on Tuesday, as its pharmacy benefits management business serviced more claims and demand for its specialty pharmacy services rose. Net income attributable to the company rose to $1.1 billion, or $1.07 per share, in the second quarter ended June 30,...

  • Various types of Kellogg's cereals at a Ralphs grocery store in Pasadena, California.

    JPMorgan upgraded Kellogg for the first time in over five years, citing both the company's delivery overhaul and calmer currency headwinds.

  • Drugmakers Perrigo Co Plc and Endo International Plc fell 5 percent and 6 percent, respectively. Walgreens formed a drug-buying partnership with AmerisourceBergen in 2013, and earlier this year partnered with pharmacy benefit manager Express Scripts Holdings Co. Retailer CVS Health Corp has tied up with Cardinal Health and, more recently, Wal-Mart has...

  • Sam Reed, chief executive officer of TreeHouse Foods Inc.

    TreeHouse Foods stock fell nearly 12 percent after the company lowered its full-year guidance.

  • CHICAGO, July 31- Wal-Mart Stores Inc has announced changes to its food leadership team in an internal memo, as it prepares for increased competition with grocery rivals and remains caught in a price war. A Wal-Mart spokesman did not immediately respond to a request for comment. Martin Mundo, who has worked in Argentina and other countries for Wal-Mart, will...

  • SANTIAGO, July 28- The union representing workers at Lider, Wal-Mart Stores Inc's main supermarket chain in Chile, said on Friday they had voted to go on strike for higher pay. "We are awaiting the final result from the work directorate, but we can say that our union approves the strike with 9,850 votes, or 63.4 percent of the total," the union announced on its Facebook...

  • NEW YORK, July 28- What looms over businesses as far flung as car repair, lab equipment and swimming pool gear? The preponderance of Amazon mentions by executives and Wall Street analysts is the latest indication of its rapidly expanding reach. Its move last month to buy upscale grocer Whole Foods Market Inc for nearly $14 billion has added fresh fuel to the...

  • SANTIAGO, July 28- The union representing workers at Lider, Wal-Mart Stores Inc's main supermarket chain in Chile, said on Friday they had voted to go on strike for higher pay. "We are awaiting the final result from the work directorate, but we can say that our union approves the strike with 9,850 votes, or 63.4 percent of the total," the union announced on its Facebook...

  • PARIS, July 27- A revised outlook from Casino got a cool reception on Thursday with a fall in its shares, even though the French supermarket retailer nudged up its financial guidance. Trading profits in France, Casino's biggest market, rose 43 percent from a year ago, while earnings also improved in Brazil, which is Casino's second-biggest market.

  • *Stronger results in France and Brazil. PARIS, July 27- Supermarket retailer Casino nudged up its full year financial guidance on Thursday as stronger results in its main French market and in Brazil boosted its first-half earnings. Casino said it was now expecting growth above its targeted 15 percent in food retail trading profits in France, and also expected a...

  • PARIS, July 27- Supermarket retailer Casino nudged up its full year financial guidance on Thursday as stronger results in its main French market and in Brazil boosted its first-half earnings. Casino said it was now expecting growth of more than 15 percent regarding food retail trading profits in France, and also expected a contribution from its property...

  • LOS ANGELES, July 26- Whole Foods Market Inc, which has agreed to be bought by Amazon.com Inc for $13.7 billion, on Wednesday reported a quarterly profit decline after same-store sales fell for the eighth quarter in a row. Net income fell to $106 million, or 33 cents per share, from $120 million, or 37 cents per share, a year earlier. The Austin, Texas- based upscale grocer...

  • LOS ANGELES, July 26- Whole Foods Market Inc, which has agreed to be bought by Amazon.com for $13.7 billion, on Wednesday reported a quarterly profit decline after same-store sales fell for the eighth quarter in a row. Net income fell to $106 million, or 33 cents per share, from $120 million, or 37 cents per share, a year earlier. The Austin, Texas- based upscale grocer...

  • FRANKFURT, July 26- German discount grocery chain Aldi North said Wednesday it was planning to spend 5.2 billion euros to revamp its stores in Germany and around Europe. German brothers Karl and Theodor Albrecht pioneered the Aldi discount store concept, setting up two sister businesses serving north and south Germany in 1962 and then expanding to much of...

  • Cramer Remix: Why investors shouldn’t abandon Alphabet

    Jim Cramer breaks down Alphabet’s latest earnings and explains why he thinks the company has more potential than investors may think.

  • Jim Cramer on Mad Money.

    Jim Cramer breaks down Alphabet’s latest earnings and explains why he thinks the company has more potential than investors may think.

  • McCormick CEO defends acquisition of Reckitt Benckiser brands, touts millennial-facing strategy

    Jim Cramer sat down with McCormick CEO Lawrence Kurzius, who shot back at criticism that the cost of his company's recent acquisition was too high.

  • Lawrence Kurzius, CEO, McCormick

    Jim Cramer sat down with McCormick CEO Lawrence Kurzius, who shot back at criticism about his company's recent acquisition.

  • Wal-Mart Stores Inc Kroger Co and United Natural Foods Inc each rose more than 2 percent. "The industry is up in sympathy with Supevalu," said Pivotal Research analyst Ajay Jain. Supevalu reported fiscal first-quarter net sales of $4 billion, up 6.3 percent and marginally higher than average analyst expectations, according to Thomson Reuters data.