Back in 2012, the first zero-waste supermarket — no disposable packaging at all — opened in Austin, Texas. It's closed, but that hasn't stopped grocery entrepreneurs from trying to sell shoppers on the concept as packaging waste piles onto landfills.
JOHANNESBURG, Sept 21- International food distributor Bid Corporation Ltd said on Friday the prospective buyer for its UK logistics business is no longer interested in buying it, citing internal reasons. Bidcorp bought the UK Contract Distribution business in 1999. "The trading performance for the two months to end-August 2018 has delivered a near breakeven...
Matt Maley of Miller Tabak and Chad Morganlander of Washington Crossing Advisors discuss Grubhub surpassing Campbell's and what their call is on the two stocks with Tyler Mathisen.
*Unnamed global player to buy UK distribution unit. JOHANNESBURG, Aug 22- International food distributor Bid Corporation Ltd is finalizing an agreement to sell its UK logistics business, moving a step closer to removing a loss-making, non-core asset. Chief Executive Bernard Berson said Bidcorp would announce the details of the sale in the next two weeks as the...
Albertsons Cos last night called off its merger with Rite Aid that would have provided its private equity owners, Cerberus Capital Management , a long-awaited means to unload its more than decade-old investment.
Kroger announced Monday that a California subsidiary will no longer accept Visa credit cards as of mid-August as the two companies clash over payment fees and rates.
Shares of Tyson fell 7 percent to a 52-week low Monday after the food company cut its full-year guidance on trade worries related to the Trump administration's imposition of tariffs and a turbulent commodities market.
The brewer forecast that its operating margin would decline by 20 basis points, compared with a previous forecast of 25 basis point increase.
Approximately one in six Americans get six every year from eating contaminated foods, according to the Centers for Disease Control and Prevention. As the number of recalls rises, so do questions about U.S. food safety.
Matt Maloney, Grubhub CEO & Co-founder, joins the 'Power Lunch' team to discuss his company's earnings and the future of food delivery.
PepsiCo taking a century-old Madison Square Garden contract from Coca-Cola is more a symbolic than economic win, says investor.
*China prepares retaliatory tariffs on $34 billion of U.S. goods. His company, which sells sauvignon blancs and zinfandels to distributors in China has lost a half-million dollars in orders since China slapped tariffs in April on $3 billion worth of U.S. fruits, nuts and wine. A much larger group of U.S. companies and traders selling American goods in China is...
Amazon announced Monday that members of its Prime program will have access to special savings in Whole Foods nationwide starting Wednesday.
Kellogg Co is recalling over a million cases of cereal due to the potential for Salmonella contamination.
IHOP changes its name to promote new burgers and drive afternoon traffic in its restaurants, says analyst.
The management dean is one of many who think outgoing Starbucks Executive Chairman Howard Schultz will run for president in 2020.
Anthony Tan of Grab says the company is "battle-tested" and has proven itself capable of competing against firms which are larger.
Competition, market conditions and shrinking sales of milk are having a big impact on farmers like the Coombs family.
Billionaire restaurant owner Tilman Fertitta gets into the food delivery business with the purchase of Waitr for $308 million.
Jim Cramer says shares of the American restaurant chain Shake Shack are too expensive.