Home » Food Distribution and Convenience Stores (TRBC)
(Reuters) – At a North California supermarket last week, one visitor likely had only one thing in mind – the bear necessities. Shoppers at the Kings Beach Safeway by Lake Tahoe found an otherwise routine trip to the store on Aug. 25 disrupted by an inquisitive... More »
NEW YORK (Reuters) – U.S. stock index futures indicate Wall Street will make moderate gains on Monday as retail earnings queue up and with housing data in the offing. Second-quarter earnings season is mostly over, with major retailers yet to post results. Walm... More »
PARIS (Reuters) – French supermarket retailer Carrefour (CARR.PA) and Uber Eats (UBER.N) said on Monday they were rolling out their home delivery partnership nationwide and to Belgium. The service, initially launched on April 6, was aimed at helping Parisians ... More »
(Reuters) – Walmart Inc (WMT.N) has partnered with Canadian e-commerce firm Shopify Inc (SHOP.TO) (SHOP.N), as the world’s biggest brick-and-mortar retailer ramps up its efforts to capture a bigger slice of the coronavirus-driven surge in online shopping. U.S.... More »
SHANGHAI (Reuters) – Luckin Coffee (LK.O) said on Monday China’s State Administration for Market Regulation was carrying out work to understand the coffee chain’s operating situation and added that it was actively cooperating. It also said in a statement poste... More »
PRAGUE (Reuters) – Czech billionaire Daniel Kretinsky, owner of the energy holding group EPH with assets around Europe, said he had contracted the new coronavirus and had been working in isolation. He was quoted on Monday by Blesk and E15 newspapers, both part... More »
FRANKFURT (Reuters) – Worried about whether you have enough toilet paper for the coronavirus lockdown? A German website can tell you how long your supply will last. Toilet paper has become one of the commodities shoppers across the world have hoarded as the co... More »
SYDNEY (Reuters) – Australia is considering a second round of economic stimulus, three sources familiar with the deliberations told Reuters, as Canberra accelerated efforts to contain the spread of the coronavirus that has now killed five people in the country... More »
NEW YORK (Reuters) – The mayors of New York City and Los Angeles, the two largest cities in the United States, on Sunday said they were ordering restaurants, theaters, bars and movie houses closed in an effort to slow the spread of the coronavirus. Any restaur... More »
KUALA LUMPUR (Reuters) – A small factory in Malaysia’s capital is preparing thousands of ready-to-eat halal meals, from fried rice to chicken biryani, to be shipped off to Japan for 2020’s biggest sporting event. Food firms from Muslim-majority Malaysia, are e... More »
WASHINGTON (Reuters) – President Donald Trump signed an executive order on Friday aimed at preventing counterfeit products from abroad from being sold to U.S. citizens who shop online using Amazon.com, Walmart.com or other ecommerce websites, the White House s... More »
NEW YORK (Reuters) – The future of employee training involves no embarrassing role-playing in front of new colleagues or boring web modules which take an hour each to click through. For the next wave in workplace learning, get ready to strap on a pair of virtu... More »
NEW DELHI (Reuters) – Walmart Inc, the world’s largest retailer, has fired 56 of its executives in India as it restructures in the country. The move underscores the challenges Walmart has faced in expanding its wholesale business in India. The Bentonville, Ark... More »
NEW DELHI (Reuters) – Walmart Inc (WMT.N), the world’s largest retailer, has fired 56 of its India executives including eight from senior management, Krish Iyer, President and CEO of its India unit, said on Monday. In a statement emailed to Reuters, Iyer said ... More »
NEW DELHI (Reuters) – Thousands of small-scale traders in India are planning to organize protests against Amazon.com Inc (AMZN.O) founder Jeff Bezos, who will visit the country next week for a company event and potential meetings with government officials. Bez... More »
PARIS (Reuters) – Four branches of France’s hardline CGT union, including railway and transport workers, threatened on Sunday to step up protests unless the government withdraws its pension reform proposal this week. In a major overhaul of France’s complex pen... More »
SAO PAULO (Reuters) – Brazilian app iFood, which specializes in delivering ready-to-eat meals to consumers in large cities, is looking to expand its services to other areas and plans to increase operations in retail, chief financial officer Diego Barreto said ... More »
LONDON (Reuters) – British online grocer and technology company Ocado has launched a 500 million pounds ($642 million) convertible bond offering, partly to fund the construction of robotic warehouses for its overseas partners, it said on Monday. While Ocado’s ... More »
CLEVELAND (Reuters) – A landmark trial over the U.S. opioid epidemic is on track to begin on Monday after drug companies and local governments failed to agree on a settlement on Friday that had been expected to be valued at around $50 billion. Top executives o... More »
NEW DELHI (Reuters) – The Indian government is looking into whether hefty discounts offered on Walmart-owned Flipkart and Amazon.com during their online festive sales violate foreign investment rules, a commerce ministry official told Reuters. India introduced... More »
(Reuters) – Tesco’s (TSCO.L) financial arm intends to appoint John Kingman, the businessman who oversaw Britain’s bailout of its banks during the financial crisis, as its chairman, a source with knowledge of the matter told Reuters. Tesco Bank on Monday appoin... More »
SYDNEY (Reuters) – Australia’s AMP Ltd (AMP.AX) has lost at least one major pension contract while other companies are reviewing their relationship with the wealth manager, which has struggled to stem a client exodus following revelations of serious misconduct... More »
SYDNEY (Reuters) – Global money managers and companies are rushing to meet a deadline to report on their carbon footprint, but the lack of a standard metric raises concerns their efforts could just be a box-ticking exercise in the transition from brown to gree... More »
NEW DELHI (Reuters) – Amazon.com (AMZN.O) defended its business strategies in India as it came under fire from a local trader group on Friday over discounted products on the global e-commerce giant’s website. New e-commerce foreign investment rules that took e... More »
(Reuters) – Walmart Inc said on Friday it has asked employees at its stores in the United States to take down signs and playable demos of violent video games but made no changes to its policy on selling firearms. In an internal memo, Walmart also asked its emp... More »
BOSTON (Reuters) – Hedge fund Hoplite Capital is returning money to outside clients after a period of sluggish returns, the firm’s founder, John Lykouretzos, told investors in a letter on Wednesday. “I have decided to close the Hoplite managed funds and return... More »
TOKYO (Reuters) – Japanese convenience store chain FamilyMart apologized after video went viral on social media of rats scurrying about one of its stores in Tokyo’s popular Shibuya district, prompting it to close the outlet until further notice. Video clips po... More »
NEW YORK (Reuters) – Amazon.com Inc’s Prime Day is now a major marketing opportunity and shopping event in the annual calendar for other U.S. retail companies, rivaling the Thanksgiving holiday’s Black Friday as a driver of sales. Walmart Inc, Target Corp and ... More »
(This June 28 story corrects Romaco’s nationality to German, not Italian, in paragraph 17) By Silvia Aloisi CITTÀ DI CASTELLO, Italy (Reuters) – Amazon’s new recruit comes from a medieval walled town in central Italy and can box and seal at least 600 items of ... More »
HONG KONG (Reuters) – China’s Centurium Capital, a big backer of domestic startup Luckin Coffee, said it has raised more than $2 billion in its debut fund, giving the private equity firm more firepower to cut deals involving the world’s second-largest economy.... More »
OSLO (Reuters) – Norway’s $1 trillion wealth fund can invest again in miner Rio Tinto and retailer Walmart after their exclusions from the fund’s investments on ethical grounds were revoked, the board of the central bank said on Tuesday. The fund can also resu... More »
LONDON (Reuters) – Britain’s Ocado is plowing 17 million pounds ($22 million) into the emerging “vertical farming” industry, further diversifying the online grocer and technology group’s business. Vertical farming involves producing food indoors, with crops gr... More »
LONDON (Reuters) – Online retail giant Amazon said it would open pop-up shops in Britain to give more than 100 small online businesses an opportunity to sell on the high street for the first time. The first of the 10 stores, which are branded “Clicks and Morta... More »
ROSS-ON-WYE, England (Reuters) – For almost 100 years, Chris Chinn’s family has farmed asparagus in the rolling hills of the Wye Valley in western England. This year, he fears uncertainty around Britain’s departure from the European Union will keep his eastern... More »
TOKYO (Reuters) – The newly appointed chief executive of Walmart Inc’s Japanese supermarket chain Seiyu on Monday denied the business was up for sale, following reports last year that the U.S. retail giant was looking for a buyer. “I’m not here to sell a busin... More »
WASHINGTON (Reuters) – The White House on Wednesday is hosting major chief executives who joined a Trump administration advisory board on workforce issues. Last month, the White House said the chief executives of Apple Inc, Walmart Inc, IBM Corp, Lockheed Mart... More »
(Reuters) – The U.S. Food and Drug Administration said on Thursday it was taking action against certain retailers including Walgreen Boots Alliance for repeatedly flouting tobacco sale rules, including sale of cigars and menthol cigarettes to minors. Walgreens... More »
NEW YORK (Reuters) – A U.S. agency that insures worker pensions sought permission on Friday to take over two underfunded Sears Holdings Corp pension plans, after objecting to Sears Chairman Eddie Lampert’s proposed $5.2 billion buyout of the bankrupt retailer.... More »
LEEDS (Reuters) – With just nine weeks to go until Britain is due to leave the European Union, a company is selling worried Britons a survival kit to help them prepare for the worst. The “Brexit Box”, retailing at 295 pounds ($380), provides food rations to la... More »
(Reuters) – The chief executive officer of Myntra and Jabong, a unit of Walmart-owned Flipkart, Ananth Narayanan has left the company to pursue external opportunities, Myntra said on Monday. Narayanan is in talks to replace Ajith Mohan as the chief executive o... More »
MUMBAI (Reuters) – A group representing online sellers in India will appeal against the Competition Commision of India’s (CCI’s) ruling in favour of Walmart-owned Flipkart, the group’s lawyer Chanakya Basa said in a release on Saturday. All India Online Vendor... More »
NEW YORK (Reuters) – At the Springdale Ice Cream and Beverage factory in Cincinnati, workers were coming to the human resources department with money troubles, wanting cash advances on their pay. Some could not afford car repairs, which meant they could not ge... More »
LONDON (Reuters) – Apple’s first sales warning in nearly 12 years sent European shares sliding on Thursday, with the tech sector particularly badly bruised as chipmakers that supply the iPhone maker fell sharply. The pan-European STOXX 600 fell 0.9 percent as ... More »
NEW DELHI (Reuters) – India’s new curbs on e-commerce companies may not be enough to win over small store owners and traders in next year’s general election, with the key voting bloc still seething over what it sees as broken promises by Prime Minister Narendr... More »
(Reuters) – Minnesota prosecutors will not charge the billionaire chief executive officer of China’s JD.com Inc, Richard Liu, after he was accused of rape by a University of Minnesota student during a recent U.S. visit, authorities said on Friday. Hennepin Cou... More »
SEHLEM, Germany (Reuters) – Faced with a chronic shortage of truck drivers, logistics firm Deutsche Post DHL Group (DPWGn.DE) is trialing a new scheme to get more people behind the wheel so it can keep goods flowing across Europe, especially at peak times like... More »
PARIS (Reuters) – The anti-government protests convulsing France will slow growth to close to a standstill in the final quarter, the central bank said on Monday, complicating President Emmanuel Macron’s task of finding concessions to placate the “yellow vest” ... More »
PARIS (Reuters) – Last weekend’s anti-government protests resulted in a 17 percent drop in the number of visitors to French shopping centers, said a body representing the French shopping center industry on Monday. Earlier on Monday, both the French Finance Min... More »
PARIS (Reuters) – France braced on Friday for another wave of protests against high living costs that could inflict more pain on tourism and transport stocks in the euro zone’s No. 2 economy, after retailers, airlines and hoteliers suffered their worst week in... More »
MUMBAI (Reuters) – A lobby group of small Indian traders and shopkeepers has asked tens of thousands of its members to hold protests across the country on Monday against Walmart Inc’s (WMT.N) proposed $16 billion acquisition of e-commerce firm Flipkart. The Co... More »
LONDON (Reuters) – Sales at Sainsbury’s (SBRY.L), Britain’s second biggest supermarket group, dipped in the last 12 weeks, while its main rivals all saw increases, industry data showed on Tuesday. Sainsbury’s sales were down 0.2 percent in the 12 weeks to June... More »
SYDNEY (Reuters) – More than 11,000 Australians who rushed for the chance to strip for American photographer Spencer Tunick will soon wear only smiles after a national supermarket chain changed its mind about allowing the shoot to go ahead on a suburban roofto... More »
BRASILIA/SAO PAULO (Reuters) – Petrobras shares plunged 15 percent on Monday after Brazil’s government offered new fuel subsidies and softened the oil producer’s pricing policy in a bid to settle a truckers’ strike that has wreaked havoc on Latin America’s lar... More »
BOSTON/NEW YORK (Reuters) – Jana Partners said on Wednesday it was not invested in Casey’s General Stores Inc after speculation that the hedge fund had built a stake in the company helped push its stock price up more than 9 percent in afternoon trading. “We do... More »
PERTH, Australia (Reuters) – Annoyed at seagulls that pester its patrons, a restaurant in the Australian city of Perth has armed customers with water pistols to stop the birds from ruining the waterfront dining experience. Toby Evans, the owner of 3Sheets rest... More »
LONDON (Reuters) – Sainsbury’s (SBRY.L) has agreed to buy Walmart’s (WMT.N) Asda for about 7.3 billion pounds ($10 billion) to create Britain’s biggest supermarket group by market share, overtaking long-standing industry leader Tesco (TSCO.L). Bringing togethe... More »
LONDON (Reuters) – A multi-billion pound merger between British supermarket Sainsbury’s and ASDA shook up retail stocks on Monday while European benchmarks rose, on track to end the month of April with a gain. The pan-European STOXX index rose 0.1 percent whil... More »
LONDON (Reuters) – Sainsbury’s chief executive Mike Coupe said that it was possible that competition authorities would force some stores to be sold to allow the British supermarket chain’s proposed merger with Asda to go ahead. Sainsbury’s and Asda, the UK arm... More »
AACHEN, Germany (Reuters) – Supermarket shoppers in the western German city of Aachen have stepped out of their comfort zone to sample insect burgers made of buffalo worms. The worms, highly nutritious due to their high protein content, are the larvae of buffa... More »
WASHINGTON (Reuters) – A high-stakes showdown at the U.S. Supreme Court on Tuesday will determine whether states can force out-of-state online retailers to collect sales taxes in a fight between South Dakota and e-commerce businesses. South Dakota is asking th... More »
(Reuters) – Apple Inc (AAPL.O) on Monday said it had achieved its goal of powering all of the company’s facilities with renewable energy, a milestone that includes all of its data centers, offices and retail stores in 43 countries. The iPhone maker also said n... More »
(Reuters) – Walmart Inc’s (WMT.N) efforts to develop closer ties with health insurer Humana Inc (HUM.N), which came to light on Thursday, point to a brave new world of retail where superstores become healthcare centers offering basic medical care. They are als... More »
LONDON, AMSTERDAM (Reuters) – Activist investor CIAM has criticized plans by Dutch food and retail group Ahold Delhaize (AD.AS) to renew a governance structure that it said acts as a “poison pill” to potential suitors and has served to keep its share price dep... More »
ANKARA (Reuters) – A group of chefs in Turkey claimed a world record for the largest baklava on Thursday with a giant tray of the pastry dessert weighing over half a ton. The giant baklava was presented at a “Gastronomy Summit” in Ankara, where dozens of visit... More »
The Amazon logo is seen at the Young Entrepreneurs fair in Paris, France, February 7, 2018. REUTERS/Charles Platiau PARIS (Reuters) – U.S. e-commerce giant Amazon (AMZN.O) aims to launch its grocery delivery service in France as part of global ambitions to exp... More »
FILE PHOTO: The logo of India’s largest e-commerce firm Flipkart is seen on the facade of the company’s headquarters in Bengaluru, India July 7, 2017. REUTERS/Abhishek N. Chinnappa/File Photo MUMBAI (Reuters) – Walmart Inc (WMT.N) is in talks to buy a stake of... More »
FILE PHOTO: A Heinz Ketchup bottle and a bottle of Kraft parmesan cheese are displayed in a grocery store in New York March 25, 2015. REUTERS/Eduardo Munoz (Reuters) – Kraft Heinz Co’s (KHC.O) quarterly profit and sales missed analysts’ estimates on Friday, hu... More »
The logo of Walmart store is pictured in Rio de Janeiro, Brazil January 22, 2018. REUTERS/Ricardo Moraes – RC1845D40460 NEW YORK/TOKYO (Reuters) – Walmart has struck a partnership with e-commerce firm Rakuten Inc to launch an online grocery delivery service in... More »
A woman shops at a Macy’s department store in Roosevelt Field shopping mall in Garden City, New York, U.S., November 24, 2017. REUTERS/Shannon Stapleton NEW YORK (Reuters) – U.S. fund managers are betting that rising wages and the effects of the Republican-led... More »
FILE PHOTO – A man talks on his mobile phone in front of a Wal-Mart store in Sao Paulo, Brazil, February 16, 2016. REUTERS/Nacho Doce SAO PAULO (Reuters) – Wal-Mart Stores Inc is in talks with buyout firm Advent International Corp and other funds to sell a maj... More »
SEATTLE (Reuters) – Amazon.com Inc (AMZN.O) will open its checkout-free grocery store to the public on Monday after more than a year of testing, the company said, moving forward on an experiment that could dramatically alter brick-and-mortar retail. The Seattl... More »
Employees walk in front of the entrance of the French dairy group Lactalis headquarters in Laval, western France, January 12, 2018. REUTERS/Stephane Mahe PARIS (Reuters) – Some French families affected by a recall of baby milk by dairy firm Lactalis due to sal... More »
FILE PHOTO: Workers prepare their store for customers at a newly built Walmart Super Center prior to its opening in Compton, California, U.S., January 10, 2017. REUTERS/Mike Blake/File Photo WASHINGTON (Reuters) – Walmart’s tit-for-tat minimum wage battle with... More »
FILE PHOTO: A street sign for Wall Street is seen outside the New York Stock Exchange (NYSE) in New York City, U.S., December 28, 2016. REUTERS/Andrew Kelly/File Photo SAN FRANCISCO (Reuters) – Investors saddled in 2017 with the market’s worst performers, incl... More »
FILE PHOTO – A Ralph’s grocery store employee loads a cart for a customer who has used Kroger’s ClickList online ordering and curbside pickup service in Los Angeles, California, U.S., November 21, 2017. REUTERS/Lucy Nicholson LOS ANGELES (Reuters) – As Amazon.... More »
FILE PHOTO: A sign of Alibaba Group is seen during the fourth World Internet Conference in Wuzhen, Zhejiang province, China, December 3, 2017. REUTERS/Aly Song/File Photo HANGZHOU, China (Reuters) – In a small village shop near the eastern Chinese city of Hang... More »
Workers process outgoing shipments at an Amazon Fulfillment Center on Cyber Monday in Tracy, California, U.S. November 28, 2016. REUTERS/Noah Berger (Reuters) – Wal-Mart Stores Inc is within striking distance of matching Amazon.com Inc’s online prices for the ... More »
Customers push their shopping carts after making a purchase at Target in Chicago, Illinois. REUTERS/Kamil Krzaczynski CHICAGO (Reuters) – Black Friday and Thanksgiving online sales in the United States surged to record highs as shoppers bagged deep discounts a... More »
A Black Friday sale sign is displayed outside a makeup store at Roosevelt Field shopping mall in Garden City, New York, U.S., November 24, 2017. REUTERS/Shannon Stapleton CHICAGO/NEW YORK (Reuters) – U.S. stores offered deep discounts, entertainment and free g... More »
FILE PHOTO: An employee is seen behind a glass wall with the logo of Alibaba at the company’s headquarters on the outskirts of Hangzhou, Zhejiang province, April 23, 2014. REUTERS/Chance Chan/File Photo (This story corrects title of Weiwen Han in paragraph 9 f... More »
The Tesla Semi. Tesla/via REUTERS (Reuters) – Tesla Inc (TSLA.O) on Friday got high-profile orders from Wal-Mart Stores Inc (WMT.N) and fleet operator J.B. Hunt (JBHT.O) for its future electric truck, but would-be customers indicated they are giving the big ri... More »
Onder Ceyhan, a 25-year old university student, brews his own beer at his home in Ankara, Turkey, November 6, 2017. REUTERS/Umit Bektas ANKARA (Reuters) – Carefully testing the temperature of a bucket of fermenting beer, Onder Ceyhan pushes back the foam to ad... More »
Chipotle Mexican Grill Inc on Monday denied allegations by actor Jeremy Jordan that eating at one of its restaurants landed him in the hospital. More »
Amazon.com Inc (AMZN.O) is cutting prices of products from third-party sellers on its website, moving beyond its more typical method of discounts on items it sells directly. More »
Retailer Meijer Inc said it was recalling packaged vegetables in six U.S. states because of possible contamination from Listeria monocytogenes bacteria, which can cause fatal food poisoning in young children, pregnant women and elderly or frail people. More »
Shares of drug retailers Walgreens Boots Alliance Inc (WBA.O), CVS Health Corp (CVS.N) and Rite Aid Corp (RAD.N) tumbled on Friday after reports that Amazon.com Inc (AMZN.O) was looking to make a move into selling drugs online. More »
Whole Foods rivals Trader Joe's and Sprouts Farmers Market Inc have been hit hardest by customer defections since Amazon.com Inc's price cuts at the premium grocer, Whole Foods price cuts, a data analytics firm said on Tuesday. More »
Companies in Japan's service industries are struggling to hire and retain staff as the labor market becomes the tightest in decades, and are increasingly taking unorthodox steps to alleviate the shortage. More »
A majority of Americans want the U.S. government to require nutrition labels on food packaging, including people who do not read them, according to a Reuters/Ipsos opinion poll released as the Trump administration delays tougher new requirements. More »
The new boss of Carrefour (CARR.PA) could close some of the retailer's large hypermarket stores in France as part of plans to turn around the company, a union official said. More »
Wal-Mart Stores Inc said on Monday it has reopened most stores in the Gulf region that were shut due to Hurricane Harvey. More »
Four tablets from various delivery companies crowd the front counter of Proposition Chicken in San Francisco, each calling out with its own ring when an order arrives. More »
Walt Disney Co will send "Star Wars" characters into the realm of augmented reality next week to draw fans into stores as they release new merchandise tied to upcoming movie the "The Last Jedi," the company said in a statement on Thursday. More »
Tests show that some imported egg products in Austria have been contaminated with a potentially harmful insecticide, a health ministry official told broadcaster ORF on Monday, adding to the list of countries affected by an international health scare. More »
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. More »
FILE PHOTO: Customers pack goods in plastic bags at a parking outside an Aldi supermarket in Hamburg July 28, 2010. REUTERS/Christian Charisius German discount grocery chain Aldi North is planning to spend more than 5 billion euros ($5.71 billion) to revamp it... More »
A veterinarian analyses a piece of meat collected by Public Health Surveillance agents during an inspection of supermarkets, at a veterinary laboratory with the public health department in Rio de Janeiro, Brazil, March 20, 2017. REUTERS/Ricardo Moraes Brazil’s... More »
The logo of Amazon is seen at the company logistics center in Lauwin-Planque, northern France, February 20, 2017. REUTERS/Pascal Rossignol If Amazon.com Inc (AMZN.O) hopes to revolutionize grocery delivery, then its bid to buy Whole Foods Market Inc (WFM.O) fo... More »
Barry Rosenstein, founder and managing Partner of JANA Partners LLC., speaks during the Sohn Investment Conference in New York May 4, 2015. REUTERS/Brendan McDermid Jana Partners, the hedge fund that Whole Foods Market Inc (WFM.O) Chief Executive John Mackey l... More »
