Tesco, Britain's biggest retailer, has suspended four senior executives after uncovering a "serious issue" with its accounts that means profits for the last six months have been overstated by $400 million (U.S.)...More
Kroger Co. said Thursday that it would boost its quarterly dividend 12%, as the grocery retailer continues to post strong earnings and sales growth on what it sees as improving consumer confidence....More
United Natural Foods, Inc., Providence, R.I., said Wednesday ongoing initiatives to enhance its product offering helped boost financial results for the fourth quarter and fiscal year ended Aug. 2....More
The addition of Safeway Canada stores provided Sobeys with a 35.4% boost in sales and even higher gains in profitability during the fiscal first quarter, according to Sobeys parent company Empire Cos., which reported financial results Thursday....More
SN's exclusive interview with Ahold's James McCann also struck a chord with e-newletter readers, as did news about Keurig's new pods, Kroger's cookie happy hours, and a new Coke product sold only at The Fresh Market.