Reuters: Consumer Products & Retail News

UPDATE 3-ArvinMeritor loss narrows, sees improvement

Tue, 10 Nov 2009 14:42:39 +0000

* Shares up more than 6 percent (Adds shares, comments from conference call, byline)

Morrison, Waitrose get lift from new stores-data

Tue, 10 Nov 2009 14:33:46 +0000

LONDON, Nov 10 (Reuters) - British food retailers Wm Morrison Supermarkets and Waitrose [JLP.UL] are outperforming competitors thanks to new store openings as falling food price inflation slows sales growth for the nation's grocers, industry data showed on Tuesday.

NEWSMAKER-Cooper looks to fire up Imperial's growth

Tue, 10 Nov 2009 11:04:16 +0000

* Joins small band of female CEOs at FTSE 100 companies

UPDATE 2-Rona profit drops amid weak housing market

Tue, 10 Nov 2009 16:26:05 +0000

* Shares up 1.1 percent at C$15.96 (Adds analyst comments, share price)

UPDATE 2-CVS settles N.Y. charges it sold expired products

Tue, 10 Nov 2009 18:48:44 +0000

* CVS shares fall (Adds CVS comment, updated share prices)

Yum India head aims for $1 billion sales by 2015

Tue, 10 Nov 2009 11:51:18 +0000

NEW DELHI, Nov 10 (Reuters) - Yum Brands Inc , owner of the KFC, Taco Bell and Pizza Hut fast-food chains, wants to have 1,000 restaurants in India generating sales of $1 billion by 2015, the head of its Indian operations said on Tuesday.

UPDATE 3-Insolvent Karstadt attracts suitors as sale looms

Tue, 10 Nov 2009 16:20:34 +0000

* Six Karstadt stores to close, 11 still under assessment

Tesco mkt share grows for 1st time in 2 yrs-TNS

Tue, 10 Nov 2009 16:12:44 +0000

LONDON, Nov 10 (Reuters) - Tesco , Britain's largest retailer, is growing market share in its core grocery business for the first time in almost two years, market researchers TNS Worldpanel said on Tuesday.

UPDATE 3-InterContinental warns trading still challenging

Tue, 10 Nov 2009 11:56:58 +0000

LONDON, Nov 10 (Reuters) - InterContinental Hotels , the world's biggest hotelier, said it was too early to forecast a recovery as trading conditions remained challenging after posting a 19 percent fall in third-quarter operating profit.

Sberbank leaves door open to legal action on Opel

Tue, 10 Nov 2009 12:03:26 +0000

ST PETERSBURG, Russia, Nov 10 (Reuters) - Sberbank Chief Executive German Gref said on Tuesday he did not rule out legal action against General Motors [GM.UL] after the carmaker's U-turn on selling its Opel unit.