Home » Food Distribution and Convenience Stores (TRBC)
A sign directing shoppers to an ALDI Sued grocery store in Unterhaching, Germany May 18, 2017. REUTERS/Michael Dalder German grocery chain Aldi Inc [ALDIEI.UL] said on Sunday it would invest $3.4 billion to expand its U.S. store base to 2,500 by 2022, raising ... More »
Conveyors are seen at a Wal-Mart Stores Inc distribution centers in Bentonville, Arkansas June 6, 2013. REUTERS/Rick Wilking/File Photo GLOBAL BUSINESS WEEK AHEAD PACKAGE Ð SEARCH ÒBUSINESS WEEK AHEAD JULY 4Ó FOR ALL IMAGES – RTX2JK7F Wal-Mart Stores Inc execu... More »
A lady shops at Aldi, a retail grocery store chain in Wheaton, Illinois, U.S., April 13, 2017. REUTERS/Nandita Bose German grocery chain Aldi Inc is trying to beat the world’s biggest retailer at its own game: low prices. More »
A man talks on his mobile phone in front of a Wal-Mart store in Sao Paulo, Brazil, February 16, 2016. To match Insight WALMART-BRAZIL/ REUTERS/Nacho Doce Wal-Mart Stores Inc will offer ‘pickup discounts’ to U.S. shoppers on items they order online and pick up ... More »
FILE PHOTO: An Amazon.com Inc driver stands next to an Amazon delivery truck in Los Angeles, California, U.S., May 21, 2016. REUTERS/Lucy Nicholson/File Photo Hydrogen fuel cell maker Plug Power Inc (PLUG.O) said on Wednesday Amazon.com Inc (AMZN.O) had acquir... More »
The Beef Products Inc (BPI) headquarters is pictured in Dakota Dunes, South Dakota November 19, 2012. REUTERS/Lane Hickenbottom ABC Broadcasting has lost a last-ditch bid before South Dakota’s highest court to avoid a trial in a beef producer’s $5.7 billion de... More »
Members of the Public Health Surveillance Agency collect sausages to analyse in their laboratory, at a supermarket in Rio de Janeiro, Brazil. REUTERS/Ricardo Moraes Brazil’s federal police and agriculture ministry said late Tuesday that sanitary and corruption... More »
Canada suspended meat imports from two Brazilian plants under investigation in a meatpacking scandal, the Canadian Food Inspection Agency said on Tuesday, becoming the latest buyer to distance itself from the world’s top beef and poultry exporter. More »
Japan’s embassy in Brazil said on Tuesday the country has suspended imports of poultry and other products coming from the 21 Brazilian meat processing plants cited in an ongoing police investigation. More »
FILE PHOTO — Shopping carts are seen outside a new Wal-Mart Express store in Chicago July 26, 2011. REUTERS/John Gress/File Photo A Wal-Mart Stores Inc (WMT.N) supplier has recalled frozen pizzas available in 11 U.S. states due to concerns about possible liste... More »
A shopper (L) browses for health products in an aisle stocked with vitamin supplements at a Mr Vitamins store in Sydney, Australia, March 9, 2017. REUTERS/Jason Reed Australian retailers and manufacturers are rejigging their business models and reviewing strat... More »
FILE PHOTO — Shopping carts are seen outside a new Wal-Mart Express store in Chicago July 26, 2011. REUTERS/John Gress/File Photo Wal-Mart Stores Inc (WMT.N) is running a new price-comparison test in at least 1,200 U.S. stores and squeezing packaged goods supp... More »
President Donald Trump is interviewed by Reuters in the Oval Office at the White House in Washington, U.S., February 23, 2017. REUTERS/Jonathan Ernst U.S. President Donald Trump on Thursday spoke positively about a border adjustment tax being pushed by Republi... More »
Characters of Star Wars take part in an event held for the release of the film ‘Star Wars: The Force Awakens’ in Disneyland Paris in Marne-la-Vallee, France, December 17, 2015. REUTERS/Benoit Tessier Walt Disney Co and major retailers will release the galaxy’s... More »
Workers process lettuce for shipment at the Kernel plant in Los Alcazares, Murcia, southeast Spain February 13, 2017. REUTERS/Francisco Bonilla A shortage of iceberg lettuce is likely to continue into March, Spanish farmers say, because freak weather condition... More »
Warren Buffett, chairman and CEO of Berkshire Hathaway, smiles before speaking with Bill Gates (not pictured), at Columbia University in New York, U.S., January 27, 2017. REUTERS/Shannon Stapleton Warren Buffett’s Berkshire Hathaway Inc (BRKa.N) was an aggress... More »
Walmart signage is displayed outside a company’s store in Chicago, Illinois, U.S. November 23, 2016. REUTERS/Kamil Krzaczynski Wal-Mart Stores Inc (WMT.N) for the first time will combine its own buying for products sold at its stores with purchases it makes fo... More »
As another battle over financial reform brews in Washington, a broad coalition of U.S. lenders and card networks is seizing the opportunity to try to recover billions of dollars in annual revenue they lost last time around. More »
FILE PHOTO: Asahi Super Dry beer cans are displayed at the Asahi Group Holdings headquarters in Tokyo, Japan, May 17, 2016. REUTERS/Toru Hanai/File Photo Japan Inc may become a more important force in dealmaking next year as its cashed-up companies seek to buy... More »
A discarded carrier bag is seen in a shopping trolley outside a Tesco supermarket in London, Britain, January 5, 2015. REUTERS/Luke MacGregor/File Photo Two years after an accounting scandal plunged Tesco into the worst crisis in its 97-year history, the Briti... More »
Demonstrators block access to a store during a protest intending to disrupt Black Friday shopping in Chicago, Illinois, November 25, 2016. REUTERS/Joshua Lott Early holiday promotions and a belief that deals will always be available took a toll on consumer spe... More »
A customer loads his shopping cart at Target in Chicago. REUTERS/Kamil Krzaczynski Online spending by U.S. bargain hunters climbed to above $1 billion by Thanksgiving evening, according to Adobe Digital Index, surging almost 14 percent from a year ago and refl... More »
A sign promoting ‘Black Friday’ is seen in the window of a store in Oxford Street, London, Britain November 24, 2016. REUTERS/Peter Nicholls British retailers reported strong online demand in early “Black Friday” trading, as shoppers chased deals in a spending... More »
The logo of India’s largest online marketplace Flipkart is seen on a building in Bengaluru, India, April 22, 2015. REUTERS/Abhishek N. Chinnappa/File Photo India’s top e-commerce player Flipkart plans to move into the groceries space and make a renewed push in... More »
A clown sits inside a bus seen in front of a Wal-Mart store in Mexico City January 11, 2013. REUTERS/Edgard Garrido/File Photo Wal-Mart Stores Inc will start offering online deals reserved for Cyber Monday two days in advance this year, joining a growing list ... More »
Office workers are pictured through building windows during dusk in Tokyo, Japan March 3, 2015. REUTERS/Issei Kato/File Photo Hoping to jolt Japan’s limp consumer spending, policymakers and business leaders are considering plans to let workers leave by 3 p.m. ... More »
A man talks on his mobile phone in front of a Wal-Mart store in Sao Paulo, Brazil, February 16, 2016. REUTERS/Nacho Doce Wal-Mart Stores Inc (WMT.N) is in talks with several mobile wallet companies to offer more payment options in its Wal-Mart Pay app, an exec... More »
A Tesco supermarket is seen, in west London on September 30, 2008. . REUTERS/Toby Melville/Files Tesco Bank, owned by Britain’s biggest retailer Tesco, halted online transactions from all current accounts on Monday after money was stolen from 20,000 of them in... More »
A Microsoft logo is seen next to a cloud the day after Microsoft Corp’s $26.2 billion purchase of LinkedIn Corp, in Los Angeles, California, U.S. June 14, 2016. REUTERS/Lucy Nicholson Microsoft Corp (MSFT.O) said it will be increasing pricing for its enterpris... More »
A woman walks past a luxury boutique in a shopping district in Tokyo, Japan, September 29, 2016. REUTERS/Toru Hanai Japan’s retailers are forecasting a gloomy end to the year, as persistent economic malaise and a lack of wage growth eat away at consumer confid... More »
A group of 40 investors managing $1.25 trillion in assets have launched a campaign to encourage 16 global food companies to change the way they source protein for their products to help to reduce environmental and health risks. More »
A shopper walks out of a Woolworths store in Sydney, Australia, May 12, 2016. Picture taken May 12, 2016. REUTERS/David Gray Woolworths Ltd (WOW.AX) said on Monday the U.S. company with which it had a hardware retail joint venture had started legal proceedings... More »
Three men have been charged with fraud for allegedly selling horsemeat as beef in Britain in 2012, prosecutors said on Friday. More »
A delivery drone performs a test flight with a Domino’s pizza box in Auckland, New Zealand, August 25, 2016. Domino’s/Handout via REUTERS A New Zealand pizza chain aims to become the world’s first company to offer a commercial drone delivery service, a milesto... More »
By Aradhana Aravindan and Marius Zaharia | SINGAPORE SINGAPORE Sherine Toh says her best days at work are when none of the 600-or-so staff at Singapore’s Tung Lok Restaurants (TGLK.SI) quits, though such days are rare. The Chinese restaurant group is one of th... More »
TOKYO Activist investor Daniel Loeb urged Japanese retailer Seven & I Holdings Co Ltd to shut more unprofitable department stores, in an interview with the Nikkei newspaper on Monday. Seven & I, which owns Sogo department stores and the 7-Eleven convenience ch... More »
LONDON Online retailer Amazon (AMZN.O) is set to enter the British fresh food market after striking a supply deal with supermarket Morrisons (MRW.L), potentially ramping up competition in the already cut-throat sector. Morrisons, Britain’s fourth biggest super... More »
CHICAGO Chicagoans this month are less obsessed with badmouthing Mayor Rahm Emanuel or worries about their sports teams, and more focused on finding the perfect “paczki,” a rich, Polish, donut-type dessert that’s taking the high-end dessert market by storm. Lo... More »
NEW YORK/LOS ANGELES In recent days, the largest U.S. managers of private prescription drug benefits have cut off at least eight pharmacies that work closely with drugmakers, intensifying scrutiny of a system that helps inflate drug prices, officials at the be... More »
LONDON Online retailer Amazon has stepped up the pressure on Britain’s traditional supermarkets with the nationwide launch on Friday of a packaged groceries offer for Amazon Prime members. The move is the ecommerce giant’s most ambitious foray into Britain’s g... More »
TOKYOActivist investor Daniel Loeb, famously branded a carpet-bagger by actor George Clooney, has turned from bruiser to charmer in Japan, where he has added diversified retailer Seven & I Holdings to his portfolio. Sources familiar with the situation say Loeb... More »
Suppliers of everything from groceries to sports equipment are already being squeezed for price cuts and cost sharing by Wal-Mart Stores (WMT.N). Now they are bracing for the pressure to ratchet up even more after a shock earnings warning from the retailer las... More »
LONDON The UK arm of discount supermarket Aldi said on Monday it would launch an online operation in Britain in 2016, initially selling wine, as it posted a dip in 2014 operating profit reflecting price cuts and higher staff costs. The privately-owned German g... More »
LONDON Britain’s Tesco (TSCO.L) has agreed to sell its South Korean unit to a group led by private equity firm MBK Partners for $6.1 billion, it said on Monday, in its first major disposal since it hit financial difficulties. Seeking to raise funds to revitali... More »
