New Delhi | Reuters — A day after U.S. retail giant Walmart struck its largest deal with a big ticket investment in Indian online marketplace Flipkart, a right-wing Hindu group […] Read more
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Some Indian trader, farmer groups decry Walmart’s Flipkart deal
Amazon to cut Whole Foods prices amid intense grocery turf war
Reuters — Amazon.com said Thursday it will cut prices on a range of popular goods as it completes its acquisition of Whole Foods Market, sending shares of rival grocers tumbling […] Read more
Amazon moves into real-world stores with Whole Foods deal
Reuters — Amazon.com said Friday it would buy grocer Whole Foods Market for US$13.7 billion in a move that gives the online retailer a physical network of stores to distribute […] Read more
Canada’s Onex to buy U.S. grocery chain Save-A-Lot
Reuters — Food retailer and wholesaler Supervalu Inc. said it will sell its Save-A-Lot business to Canadian private equity firm Onex Corp. for US$1.37 billion rather than spinning off the […] Read more
Tyson invests in non-meat protein
Reuters — Tyson Foods, the largest U.S. meat processor, took a five per cent stake in plant-based protein maker Beyond Meat amid growing pressure on food companies to reduce environmental […] Read more
Costco plans chicken plant in Nebraska
Reuters — Costco Wholesale Corp. is considering building a poultry-processing plant in Nebraska, according to a local development council, a move that would give the retailer tighter control over its […] Read more
Wal-Mart plans for cage-free U.S. egg supply by 2025
Reuters — Wal-Mart Stores said it was aiming to switch to a cage-free egg supply chain in the U.S. by 2025, joining a host of companies that have committed to […] Read more
Wal-Mart jumps into milk processing
Reuters — Wal-Mart said it will build a dairy processing plant in Indiana to supply private-label milk to about 600 stores, curtailing business with some suppliers in the retailer’s sole […] Read more
Major grocers pledge cage-free eggs by 2025
The grocery arm of the body for Canadian retailers has rolled out a 10-year plan to source the eggs its members sell from layer hens raised in “cage-free environments.” The […] Read more
Wal-Mart urges meat suppliers to curb antibiotic use
Chicago | Reuters — Wal-Mart Stores is pressing meat, seafood, dairy and egg suppliers to reduce the use of antibiotics, becoming the first large retailer to take a stand against […] Read more
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