Global food prices fell 1 percent in June compared to the previous month due to drops in dairy and sugar costs and slight declines in cereals and edible oils prices.
Spanish retailer Dia has opened its first Dia Fresh store in France. The store, which is located in the ground floor of a residential building in Nice.
Recognizing that consumers are gathering for parties and barbecues for the Fourth of July, supermarkets are promoting fish for grilling and Maine lobster for the holiday.
The number of consumers who associate Australian supermarket group Coles with low prices has dropped in the last twelve months, according to findings from market research organisation Roy Morgan Research.
Falls at food group Danone and medical group Fresenius weighed on European shares on Tuesday, with traders expecting the near-term trend for European equities to remain a relatively negative one.
With an accumulated debt of 2,830 million Euro, the Basque chain Eroski can no longer compete with current price wars and might declare bankruptcy soon.
Half-year results from online retailer Ocado come after the group's recent coup in securing a 25-year, £170 million deal with Morrisons to enable the supermarket to sell food on the web.
Private equity firm Vestar Capital Partners said on Monday it had wrapped up fundraising for its sixth fund, securing only $804 million from investors, a fraction of the $3.5 billion it was hoping to raise three years ago.
Net income at McCormick & Company, Inc. in the second quarter ended May 31 was $78.6 million, equal to 60c per share on the common stock, down 2% from $80.4 million, or 61c per share, in the same period a year ago.
American food retailer The HoneyBaked Ham Company is planning to expand its retail network across northeastern part of the country with 30 brick and mortar franchise outlets over the next five years.
Hours after her tearful and emotional interview with Matt Lauer on The Today Show Wednesday, Deen, 66, was dropped by another big corporate sponsor – Walmart.
French hypermarket operator Carrefour SA is exploring a sale of its China and Taiwan businesses that would involve either an initial public offering in Hong Kong or putting some of those assets in a tie-up with another company.
