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    1. July 3, 2014

      Safeway aims to sell its shopping centre development business

      Safeway has invited bids for its shopping centre development business in a sale that is expected to fetch around $1bn for...

    2. 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...

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      The strategic rationale for the acquisition has been superseded by our decision to launch our online food operation through...

    2. 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...

    3. 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...

    4. 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...

    5. 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....

    6. 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...

    7. 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...

    8. 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...

    9. 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...

    10. 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...

    11. 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...

    12. 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...

    13. 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...

    14. 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...

    15. 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...

    16. 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...

    17. 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...

    18. 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...

    19. 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...

    20. 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...

    21. 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...

    22. 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...

    23. 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...

    24. 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...

    25. 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...

    26. 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...

    27. 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...

    28. 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...

    29. 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...

    30. 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...

    31. 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...

    32. 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...

    33. 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...

    34. 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...

    35. 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...

    36. 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...

    37. 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...

    38. 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....

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