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Food and Staples Retailing Food Retail

  • "This is the right time for us to enter the United States," Brendan Proctor, chief executive officer for Lidl U.S., told Reuters at a media event in New York late on Tuesday. Lidl, which runs 10,000 stores in 27 countries, and German rival Aldi Inc have already upended Britain's grocery retail market, hurting incumbents like Tesco Plc and Wal-Mart Stores Inc's ASDA...

  • Avocado shortages spurs crime wave in New Zealand.

    A 35-year old property developer believes too many young people are getting their priorities wrong.

  • Lidl said in February it planned to open its first 20 U.S. stores in North Carolina, South Carolina and Virginia, with 80 more to follow in the United States within the first year. Lidl is owned by Germany's privately held Schwarz Group. According to the company's website, it is hiring workers in 38 cities in the eastern U.S. states of Delaware, Georgia, Maryland, New...

  • Calories are listed next to menu items in a McDonald's restaurant July 18, 2008 in New York City.

    A delay of new calorie counting rules has sparked a debate about whether another reprieve is necessary, experts tell CNBC's "On the Money."

  • Lidl said in February it planned to open its first 20 U.S. stores in North Carolina, South Carolina and Virginia, with 80 more to follow in the United States within the first year. Lidl is owned by Germany's privately held Schwarz Group. According to the company's website, it is hiring workers in 38 cities in the eastern U.S. states of Delaware, Georgia, Maryland, New...

  • McDonalds is going away from franchise model

    CNBC's Mike Santoli and Evan Newmark discuss McDonald's franchise upgrade payouts.

  • NEW YORK, May 11- The board overhaul announced by Whole Foods Markets Inc on Wednesday has failed to satisfy Jana Partners, according to a person familiar with the matter, signaling that the month-long battle between the organic grocer and activist hedge fund is no nearer to a conclusion. While the hedge fund appreciates the board overhaul and the operating...

  • NEW YORK, May 11- The board overhaul at Whole Foods Markets Inc has failed to satisfy Jana Partners, according to a person familiar with the matter, signaling that the month-long battle between the organic grocer and activist hedge fund is no nearer to a conclusion. While the hedge fund appreciated the board overhaul and the operating experience of the new...

  • NEW YORK, May 11- The board overhaul at Whole Foods Markets Inc has failed to satisfy Jana Partners, according to a person familiar with the matter, signaling that the month-long battle between the organic grocer and activist hedge fund is no nearer to a conclusion. While the hedge fund appreciated the board overhaul and the operating experience of the new...

  • Grocery experience is lacking: Jana Partner

    "Fast Money Halftime Report" traders discuss the board of directors shake up at Whole Foods and whether now is the time to buy the stock.

  • China's fast food growth on the rise: Yum China CEO

    Micky Pant, Yum China CEO shares his optimistic outlook on the fast casual dining space in China, and weighs in on currency exchange rates.

  • Leaders need to make employees feel engaged at work: David Novak

    David Novak, former Yum! Brands co-founder and oGoLead.com founder, talks about the need for political leaders to work together, and the importance of corporate leaders providing an environment where workers feel needed.

  • WHEATON, Ill., May 11- German grocery chain Aldi Inc is trying to beat the world's biggest retailer at its own game: low prices. Already with 1,600 U.S. stores, Aldis internal studies show its prices are 21 percent lower than its lowest-priced rivals, including Wal-Mart Stores Inc, according to Chief Executive Jason Hart. Hart's plan calls for spending $1.6 billion to...

  • Jason Hart, Co-president of Aldi Supermarkets

    German grocery chain Aldi is trying to beat the world's biggest retailer at its own game: low prices.

  • WHEATON, Ill., May 11- German grocery chain Aldi Inc is trying to beat the world's biggest retailer at its own game: low prices. Already with 1,600 U.S. stores, Aldis internal studies show its prices are 21 percent lower than its lowest-priced rivals, including Wal-Mart Stores Inc, according to Chief Executive Jason Hart. Hart's plan calls for spending $1.6 billion to...

  • WHEATON, Ill., May 11- German grocery chain Aldi Inc is trying to beat the world's biggest retailer at its own game: low prices. Already with 1,600 U.S. stores, Aldi has set a minimum target of selling groceries at a 21 percent discount to its U.S. rivals, including Wal-Mart Stores Inc, Chief Executive Jason Hart told Reuters. Hart's plan calls for spending $1.6 billion to...

  • NEW YORK, May 10- Whole Foods Market Inc named a new chief financial officer and five independent directors who were not on activist investor Jana Partners' slate, in a dramatic shakeup as the high-end grocer seeks to boost dwindling profits and a sagging stock. Shares of Whole Foods rose more than 2 percent to $37.25 in after-hours trading on Wednesday, as it named...

  • InstaCart employees fulfill orders for delivery at a Whole Foods Market store in Los Angeles.

    CNBC's Susan Li reports on the quarterly earnings for Whole Foods and changes to more than half the board.

  • NEW YORK, May 10- More than half of the directors on Whole Foods Market Inc's board will step down, a person familiar with the matter said on Wednesday, in a dramatic shake-up at the grocery chain as it grapples with a sagging stock price and frustrated investors. The move comes after Jana Partners took an 8.3 percent stake in the company and nominated four directors...

  • Rupesh Parikh, Oppenheimer, discusses Whole Foods stock and a strategy to narrow in on consumer marketing.