It's a good day for Costco shareholders.
Restaurant Brands, the owner of Burger King and Tim Hortons, reported an 8.9 percent rise in quarterly revenue as it opened more restaurants.
Lawmakers voted 105-84 in favor of the wholesale divestment proposal, sending it with other proposals to the Senate for its consideration. Joe Markosek, a Democrat from Allegheny County, said the change would help businesses at the expense of taxpayers, as state stores would have to compete with groceries that can focus on just the most popular varieties.
Tuesday's near 6 percent gain was justified following a strong earnings report, notes Jason Moser of The Motley Fool
Buffalo Wild Wings says its board and management team are under attack.
McCain Foods USA is recalling frozen hash browns from stores in nine states because the potatoes may have pieces of golf balls in them.
BMO Capital Markets initiates coverage on McDonald's with an outperform rating.
Investors should have faith in Costco, according to Barclays.
The "Fast Money" traders step into the retail space to discuss their favorite stocks.
April 20- Central Grocers Inc, a supplier to independent grocery stores in the Midwestern United States, is considering a bankruptcy filing as one possible option as it struggles with its debt, according to people familiar with the matter. Central Grocers is working with law firm Weil Gotshal& Manges LLP, investment bank Peter J. Solomon Co, and consultants from...
Sales of soda drinks decreased about 1.2 percent in the United States in 2016, falling for the 12th year in a row.
LONDON, April 19- Sainsbury's, Britain's second largest supermarket group, is aiming to for a slice of the growing "Athleisure" casual sports clothing market through a partnership with U.S. brand Russell Athletic, it said on Wednesday. The deal with Russell Athletic, part of Berkshire Hathaway's Fruit of the Loom Inc, will put the U.S. company's men's and women's...
April 19- Canadian grocery and pharmacy retailer Loblaw Cos Ltd said on Wednesday it would sell its gas station business to asset manager Brookfield Business Partners LP for about C $540 million.
The vitamin and nutrition retailer said its going to begin leveraging consumer information from its loyalty program.
Bernstein raises its rating on McDonald's to outperform from market perform.
The company announced its first price hike in three years.
Wells Fargo believes McDonald's will benefit from a digital ordering "first-mover advantage."
*Top retailers cut prices to attract shoppers. TOKYO, April 14- Naruhito Nogami, a 37- year-old systems engineer in Tokyo, drives to discount stores on weekends to bulk buy cheap groceries, even though he earns enough to make ends meet and the prospects for Japan's economic recovery are brighter. Kazuko Sato, a 50- year-old animation artist, also frequents discount...
*Average forecast was 21.2 billion euros. PARIS, April 13- French supermarket retailer Carrefour reported higher first-quarter revenue, slightly above the consensus market forecast, and maintained its full-year sales growth outlook. Carrefour, the world's second-biggest retailer after Wal-Mart Stores Inc, said first-quarter sales had risen 6.2 percent...
PARIS, April 13- French supermarket retailer Carrefour reported higher first-quarter revenues, slightly above the consensus market forecast, and maintained its full-year sales growth outlook. Carrefour, which is the world's second-biggest retailer, said group first-quarter sales had risen 6.2 percent at current exchange rates to 21.3 billion euros as...