Definitely being strained. The latest is super value. That grocer cut its profit outlook for the year in large part because of food price deflation but also because of increased competition. And that sent shares of super value down 9. 5 in trading today. Its not just super value. Yesterday we reported that Sprouts Farmers Market cut its guidance because of significant ongoing deflation. Californiabased smart and final stores cut its outlook in july for the same reason, and Dollar General also mentioned deflation as a threat on its Earnings Call last month. Tomorrow kroger, the countrys largest supermarket chain, and a barometer for the industry reports earnings, and many are expecting to hear much of the same. Susan lee takes a look at the expiring fortunes of the grocery industry. Carton of eggs, 40 cheaper, whole milk that costs 11 left, beef, pork and chicken at a discount from 2015. Fruit prices have been falling for nine straight months, according to the bureau of labor statistics
Determined to get it back. It took two days. First night the eight hours we were in there during a wind storm. Id be lying if i told you we didnt hear strange noises. Being locked up in a dark church for eight hours was quite an adventu adventure. The door opened, they ducked behind the organ. Someone tried to pry open the box. Thats when we swooped in. Reporter they chased him out of that church. I plan on being there every night until we got him. I did. Reporter you can see a little bit of congratulations to each other there at the end. This is actually right where that arrest happened. Police say that man was fueling a drug addiction. They also say he claims he found the key to get in here in the Church Parking lot. Live in northeast philadelphia, lauren mayk, nbc 10 news. To decision 2016. An unexpected announcement in the race for president. New Jersey Governor Chris Christie is endorsing former rival donald trump. And christies endorsement came at a rally in ft. Worth, texas two
Im dara brown. Breaking overnight, overruled. Camille cosby, wife of bill cosby, is being forced to testify under oath later this morning. Late sunday night a massachusetts federal judge denied an emergency motion to delay the deposition of bill cosbys wife. Compelling her to answer questions related to Sexual Assault allegations against her husband. This is the latest of several motions lawyers for mrs. Cosby have lost seeking to dismiss demands she be deposed in the civil case against her husband in which seven women claim he defamed them by denying their Sexual Assault allegations. Mr. Cosby has repeatedly denied the allegations made by dozens of women accusing him of Sexual Misconduct or assault dating back to the 1960s. He has countersued the seven women suing him in massachusetts claiming they defamed his character. It was a whirlwind weekend for the president ial candidates with a close finish in nevada and a tight fight for second in donald trump took the top spots in their res
Pedestrian this morning. Reporter gasia, police retrieved those images from a mexican bakery many this plaza. The suspect went that bakery, drove out of this plaza, made a left turn and hit a pedestrian right where these homes are just a few feet away. We want to show you a picture of the Driver Police are look for. He is described to be in his mid 20s. This is his picture. He was driving a full size raised white ford pickup truck with tinted windows, brass rims, and a loud exhaust. All of this happened around 7 00 this morning. The victim who was an adult male was walk near the sidewalk. The suspects truck was heading northbound when he hit the pedestrian he took off. Jumping a curb and heading west on florence avenue. The victims body was thrown 50 feet. He was pronounced dead a short time later. We spoke to one mother who says she doesnt feel safe walking her children in this neighborhood. There is no lightbulbs or speed bumps in place, no speed limits posted on the street and. Repo
Maybe thursday. Probably san jose south. Fiftys and 60s. We are running much warmer than we were 24 hours ago. The low is on its way. Its more towards Southern California and central than us, but well gate a few high clouds. A cooldown. Significant cooldown aorb crated with that will be here, be but not until the weekend. Stood, lots of sun. Hot. A few clouds in the south. Cant find any fog. So far, the coast is clear as we say. Ninetys ifer many. Upper 80s to near 90. Eightynine San Francisco. The record is 93. All right, sal, are things picking up or what . Yeah, as a matter of fact, things are getting a little bit busier all over the place, steve. Lets go outside and take a look at what we have with in commute. Traffic is going to be busy on 80. Twentytwo minutes. Yesterday, didnt really go up more than this time because it was light. Today, i dont think it is going to be that way. Traffic is slow at by bridge bay bridge. Fifteen to 20. Once you get to the bridge, thats not bad. Hig