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Peanut butter recall includes major retailers

Peanut Butter Recall

A recall of peanut butter and other nut products has some of the country's largest grocery stores pulling store-brand products off their shelves. New Mexico-based Sunland Inc. has expanded its recall of peanut butter and almond butter to include cashew butters, tahini and blanched and roasted peanut products. The company, which sells its nuts and nut butters to large groceries and other food distributors around the country, recalled products under multiple brand names last month after salmonella illnesses were linked to Trader Joe's Creamy Salted Valencia Peanut Butter, one of the brands it manufactures.

 

Wal-Mart to Apply to Open Stores in India

Wal-Mart Stores will in the next 45-60 days apply for the Indian government's permission to set up stores in the country, a spokeswoman for the U.S retail company's local joint venture said.

 

Barnes & Noble launches new Nook HD

Nook HD

Barnes & Noble is rolling out two new versions of its Nook tablet with sleek new hardware and a sharper high-definition screen. The bookseller's move heightens the already intense tablet wars heading into the holiday season.

 

RadioShack CEO Gooch steps down

RadioShack

RadioShack CEO James Gooch has agreed to step down immediately and is leaving its board of directors, the struggling consumer electronics company said Wednesday.

 

Staples to speed up closure of 15 stores in US

Staples is speeding up the closure of about 15 of its U.S. stores and plans to close 45 stores and some delivery businesses in Europe. The office products company also says it will invest more in its online and mobile efforts and will expand the product assortment that it offers to its business customers.

 

Cops: Shoplifter kills Wal-Mart employee

A man who tried to steal undershirts valued at $16 from a Wal-Mart in Margate, Fla., shot and killed a loss prevention employee there Friday evening, police said.

 

Wal-Mart will stop selling Amazon.com Kindles

Wal-Mart Stores Inc. is phasing out the sale of Amazon.com's Kindle Fire tablet and Kindle e-readers, the second major retailer to stop offering the items in six months... Retailers are trying to fight a growing practice called "showrooming." That's when shoppers, armed with smartphones, browse products in physical stores and then shop online for a better price.

 

Why India may not be such an attractive destination for supermarkets

Indian Supermarkets

On Friday, the government finally cleared a controversial plan to open up its lucrative retail sector to global supermarket chains in an effort to revive a flagging economy. There has been a massive political kerfuffle over how the supposed invasion of global chains will destroy India's fabled "mom-and-pop" stores, which have a stranglehold on the retail market.

 

India Ink: India Opens Door to Foreign Investment

India

India ushered in the biggest economic reforms in two decades on Friday, allowing big foreign retailers like Walmart, foreign broadcasters and foreign airlines to invest in the country, among other reforms.

 

Tax on Amazon purchases in Calif. begins Saturday

Online retailer Amazon.com has tried to become all things to all consumers, but in California, it is about to take on a role it has fought against for years: tax collector.

 

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