Food and Staples Retailing Food Retail

  • PARIS, Jan 19- French supermarket retailer Casino, in the process of divesting assets to cut debts, has agreed to sell six of its' Geant' hypermarket stores to domestic rival Leclerc for 100.5 million euros. "Reducing these losses will contribute to the group's growth objective in trading profit in the France retail segment," Casino said in a statement on Saturday.

  • PARIS, Jan 18- Shares in supermarket retailer Casino rose on Friday, as traders and analysts said the company's fourth quarter sales had shown an element of resilience to the impact from anti-government protests in France. Late on Thursday, Casino said revenue growth had slowed down slightly in the fourth quarter as anti-government protests in France...

  • 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...

  • 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.

  • A produce worker stocks shelves near romaine lettuce (top shelf, right) at a supermarket in Washington, DC on November 20, 2018.

    The FDA has stopped a large portion of its safety inspections, as about 41 percent of the organization's 17,000 employees have been furloughed due to the federal government's shutdown.

  • 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.

  • Kiyoshi kimura, president of Kiyomura K.K, poses for photos with a 180.4 kilograms (397 pounds) fresh tuna after this year's first auction at Tsukiji Market on January 5, 2015 in Tokyo, Japan. A fresh whole tuna weighing 180.4 kilograms (397 pounds), sold for 4.51 million yen (approximately $37,500) by Sushi Zanmai, a Tokyo-based sushi chain operator.

    The owner of a Japanese sushi restaurant chain on Saturday set a record by paying more than $3 million for a bluefin tuna in the year's first auction at Tokyo's new fish market, exceeding his own record price of 2013.