1. USD

    34.17

    Today's change

    -0.02 / -0.06%

    1 year change

    +28.31%

    As of Apr 16 2014 16:17 BST. Data delayed by at least 15 minutes.

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  1. March 17, 2014

    US officials urge pharmacies to drop tobacco products

    US officials are calling on five of the biggest US retailers to drop tobacco products from their pharmacies, following the...

  2. FT Alphaville

    March 13, 2014

    hmmm, Morrison

    The strategic rationale for the acquisition has been superseded by our decision to launch our online food operation through...

  1. March 11, 2014

    Co-op turns to Pennycook as interim chief

    Richard Pennycook’s appointment as interim chief executive of the Co-operative Group, replacing Euan Sutherland, provides...

  2. March 7, 2014

    Safeway tie-up offers clout in tough US retail environment

    Running a traditional US supermarket chain is an increasingly tough business. Shoppers are looking for convenience, are...

  3. March 7, 2014

    Safeway: three is a crowd

    For the first time in a decade, the US supermarket industry makes sense. On Thursday, Safeway announced it would be sold in...

  4. March 7, 2014

    Foot Locker races to record high

    Investors lifted shares of Foot Locker as the US athletic shoe retailer forecast profit and sales growth in the coming year....

  5. FT Alphaville

    March 7, 2014

    The 6am London Cut

    Markets: A week that began with a global shift away from risky assets was on track to end with broad equity gains. China’s...

  6. March 6, 2014

    Cerberus leads $9bn bid to merge Safeway and Albertsons

    The board of Safeway has agreed to a more than $9bn offer from an investment group led by Cerberus Capital Management in the...

  7. February 20, 2014

    BlackBerry shares benefit from WhatsApp deal

    BlackBerry shares bounced strongly as the Facebook purchase of WhatsApp chat app in a deal for up to $19bn placed attention...

  8. September 25, 2013

    Safeway: checked out

    When a company’s stock is up 40 per cent for the year, you would think that the activists would mind their own business. No...

  9. September 20, 2013

    Adobe leads record-setting S&P500 week

    The S&P 500, boosted by software maker Adobe Systems, finished the week up 1.3 per cent, also aided by the Federal Reserve’s...

  10. September 17, 2013

    Safeway ‘poison pill’ boosts shares

    The S&P 500 neared a record high after US equities ticked up in trading on Tuesday, led by a rise in Safeway shares...

  11. September 13, 2013

    US stocks add to September run

    The S&P 500 finished higher for the second straight week, as a mix of strength from tech stocks and index constituent...

  12. July 10, 2013

    Kroger / Harris Teeter: last man standing

    Consider Harris Teeter, the mid-Atlantic grocery chain bought on Tuesday for $2.5bn. It is a trophy that its rival Kroger...

  13. June 14, 2013

    Groupon proves to be just the ticket

    The S&P 500 was on track to finish lower for the third time in four weeks but was down only 1 per cent after rallying from...

  14. June 14, 2013

    Letter from Lex: listening devices

    Wonder what the NSA might know about Vodafone’s intentions for its 45 per cent stake in Verizon. After weeks of intense...

  15. June 13, 2013

    Safeway: rump stake

    Tidy shelves make for easy shopping. This helps explain why Safeway, the supermarket chain, sold its Canadian stores. The US...

  16. June 13, 2013

    Gannett leads stronger US stocks

    Merger and acquisitions news helped lead a rally in US stock indices, as media conglomerate Gannett surged after it...

  17. June 13, 2013

    Safeway accepts $5.7bn offer for Canada stores

    Safeway is to sell its 200-plus Canadian stores to local rival Sobeys for $5.7bn in cash, accepting an unsolicited offer...

  18. May 15, 2013

    Oakland objects to $7.25bn credit card price-fixing settlement

    The City of Oakland is objecting to the multibillion-dollar settlement of a price-fixing case against payment networks...

  19. May 8, 2013

    Whole Foods: healthy option?

    Whole Foods has been eating its locally grown, organic, heritage-breed kale. Or whatever hideous stuff healthy people eat...

  20. April 25, 2013

    Wall St indices shake off oil sector losses

    A broad rally across US markets failed to boost shares in ExxonMobil after the oil major said total production slipped in...

  21. March 29, 2013

    Safeway: Burd song

    Safeway shareholders should regard the more than 40 per cent rise in the stock price this year as chief executive Steve...

  22. February 28, 2013

    Sears chief heralds retail upheaval

    Eddie Lampert, the hedge fund manager who controls Sears Holdings, predicts upheaval in US retail as chief executives are...

  23. October 16, 2012

    OFT reveals details of investigations

    Price-fixing between online retailers and the leisure-goods sector are among a wave of investigations revealed for the first...

  24. October 11, 2012

    AMD falls as it cuts revenue forecast

    AMD shares took a hit in after-hours trading, falling 7.8 per cent to $3.2, after the second-largest chipmaker cut its...

  25. July 12, 2012

    Supervalu: troubles in store

    “I’m all lost in the supermarket/I can no longer shop happily.” So sang The Clash in 1979. In the US today, it appears that...

  26. April 8, 2012

    US union pensions hole deepens to $369bn

    The hole in the pension plans of US labour unions now stands at $369bn Credit Suisse has calculated with the aid of new...

  27. March 27, 2012

    Lennar lays foundations for homebuilders rally

    Shares in homebuilders reached their highest levels since September 2008 on Tuesday, as investor confidence in a housing...

  28. March 26, 2012

    Pension plan underfunding weighs on Safeway

    Data on funding shortfalls in union pension plans, backed by multiple employers, hit shares in Safeway on Monday. The...

  29. February 24, 2012

    S&P 500 climbs to post-crisis peak

    The S&P 500 closed at a post-financial crisis high, as the 2012 rally in US equities moved up another leg. The benchmark US...

  30. February 23, 2012

    Sears jumps on spin-off and sale plans

    Shares in Sears Holdings jumped after the department store chain said it would raise up to $670m from asset sales and other...

  31. February 7, 2012

    Walmart to highlight healthy foods

    Walmart is responding to rising demand for healthy food in the US by joining a growing list of food makers and grocers which...

  32. December 15, 2011

    Chiquita to stop use of tar sands oil

    Chiquita Brands, the fruit producer, has become the latest company to move to stop using oil from Canada’s tar sands in its...

  33. December 12, 2011

    Record Imperial penalty quashed

    Imperial Tobacco has had a £112m ($174.5m) fine quashed in a significant blow to the Office of Fair Trading following a...

  34. December 7, 2011

    Low bond yields fuel corporate buy-backs

    With shareholders being rewarded by a surge in US company stock buy-backs, bondholders could be forgiven for feeling left...

  35. November 24, 2011

    Supermarkets: food price feedback

    Supermarkets looking for a boost this Thanksgiving were in luck. The price of turkey meat has risen by about 6 per cent in...

  36. October 13, 2011

    JPMorgan pulls banks on Wall Street lower

    Bank stocks fell Thursday after JPMorgan kicked off the sector’s quarterly results season. Earnings per share of $1.02 were...

  37. September 4, 2011

    Supply chain expenses in spotlight outside UK

    It is not just in the UK that supermarkets are focusing on the task of managing supply chain costs as food stores shrink....

  38. August 10, 2011

    Supermarkets fined £50m for price fixing

    Eight supermarkets and dairies have been fined nearly £50m after the Office of Fair Trading found they had fixed dairy...

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