Friday, November 22

Tag: Food Retailing

Australian Food Retailers Face Inquiry Into Alleged Price Gouging
4Dec By adminNo Comments
World

Australian Food Retailers Face Inquiry Into Alleged Price Gouging

Updated Dec. 3, 2023 6:46 pm ETSYDNEY—Australia’s biggest food retailers are facing a parliamentary inquiry into alleged price gouging after the country’s center-left Labor government agreed on Sunday to an investigation amid an ongoing steep jump in the cost of living.Coles and Woolworths will face the inquiry after Greens senator Nick McKim called for an investigation that would see their chief executives questioned. McKim alleged the supermarket operators had raised prices unfairly.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Casino Confirms It Has Received Expressions of Interest for the Sale of Stores
27Nov By adminNo Comments
World

Casino Confirms It Has Received Expressions of Interest for the Sale of Stores

Casino Guichard-Perrachon said that it has received preliminary expressions of interest for the acquisition of hypermarket and supermarket stores.The company and a consortium led by EP Equity Investment will analyze these expressions of interest in the coming weeks, the French supermarkets owner said on Monday, as any disposal is subject to the approval of the consortium according to the lock-up agreement of Oct. 5.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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FDA Expands Recall of Children’s Fruit Pouches Over Possible Lead Contamination
6Nov By adminNo Comments
World

FDA Expands Recall of Children’s Fruit Pouches Over Possible Lead Contamination

Federal health officials expanded a recall of children’s fruit pouches to include two more brands over fears of possible lead contamination.Grocery store chains Schnucks and Weis Markets were added to the recall after the Food and Drug Administration said certain brand-name cinnamon applesauce pouches sold in their stores could contain too much lead.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Chicago Is Losing Supermarkets. Does a Small Kansas Town Have the Answer?
21Oct By adminNo Comments
World

Chicago Is Losing Supermarkets. Does a Small Kansas Town Have the Answer?

ERIE, Kan.—As Chicago studies whether to become the first big city to open a municipally-owned grocery store, it will be looking to places like this city of 1,000 people for tips on how to do it.At the moment, things aren’t going especially well. Erie Market, which the city took over in 2021, is losing money almost every month amid stiff competition from a Walmart 15 miles away and a Dollar General across the street. The store has slashed prices, cleared the shelves of expired items and put in a salad bar to try to bring more people through the door. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Casino Slashes Earnings Forecasts
21Sep By adminNo Comments
World

Casino Slashes Earnings Forecasts

Casino cut back its French sales and earnings projections through 2028, with underlying profit seen at €401 million next year, following a review of its units, energy costs and actions taken as part of its financial restructuring.
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