- Top 10 Worst Kids Cereals: Honey Smacks, Froot Loops, Cap'n Crunch High on Report's List
December 08 2011 3:58 PM
Your morning cereal ritual may pack more of a sugary punch than you thought. A new study has found that some popular cereal brands contain more sugar per serving than a Twinkie or three Chips Ahoy! cookies.
- McDonald's November Sales Jump 7.4 Percent on Robust Growth in Asia, Africa, Middle East
December 08 2011 12:48 PM
McDonald's keeps beating the economy, unveiling strong identical-store November sales numbers in an earnings report Thursday.
- J.C. Penney Will Buy Minority Stake in Martha Stewart to Build up Brand, Sluggish Sales
December 07 2011 5:52 PM
J.C. Penney Co. is buying a 16.6 percent stake in Martha Stewart Living Omnimedia Inc., a move by chief executive officer Ron Johnson that he hopes will build up the company's line of brands while also bringing up sluggish sales.
- OSHA Suit Accuses Whole Foods of Firing Sewage Spill Whistleblower
December 07 2011 5:26 PM
The United States Department of Labor filed a lawsuit against Whole Foods Market Group on Tuesday on behalf of a former employee, alleging she was fired after she reported health concerns stemming from a raw sewage spill at a market in Miami Beach, Fla.
- Wal-Mart in India Deal is Off: PM Manmohan Singh Backs Off Foreign Retailers Plan
December 07 2011 1:00 PM
India has retracted its plan to allow foreign retail chains like Wal-Mart and Britain's Tesco to open in the country, according to multiple reports. The reversal comes less than two weeks after the global business sector and the Indian government heaped praise on the original deal to let foreign retailers into India to jolt the country's economy and lower prices for farmers and consumers.
- U.S. Restaurant Traffic Flat Through First Three Quarters, But Success Stories Give Hope for Next Year
December 06 2011 6:58 PM
Americans are dining out at about the same rate they did last year, stunting the growth of the restaurant industry in an economy that remains sluggish.
- Meiji Shares Plummet on News of Radiation in Baby Formula
December 06 2011 12:46 PM
Meiji Holdings Co.'s shares have plummeted following the discovery of radiation in its baby formula this week, which added to concerns about baby-food contamination nine months after an earthquake and tsunami hit the nation.
- USPS Ends Next-Day Mail: The Impact for Consumers and Companies That Depend on it
December 05 2011 7:37 PM
The United States Postal Service announced steps Monday to eliminate its next-day delivery of First Class mail in an effort to avoid bankruptcy in 2012.
- Cyber Week 2011 Sales Hit Record, Follow Trend of Black Friday and Cyber Monday
December 05 2011 4:01 PM
Americans spent nearly $6 billion online at retailers' Web sites last week, as the so-called Cyber Week followed in the record-selling footsteps of Cyber Monday and Black Friday.
- Kraft Foods Names CEOs to Lead New Grocery, Snack Units After 2012 Split
December 05 2011 1:22 PM
In anticipation of a split into a North American grocery company and a global snacks company by the end of 2012, Kraft Foods Inc. appointed two chief executive officers Monday to lead each of the two companies.
- Should Food Stamps be Used at Starbucks? Company Says Practice Not Recommended
December 02 2011 7:37 PM
Oregon's food stamp program was used to buy products at a Starbucks inside a grocery store. When asked, Starbucks said it does not recommend the practice.
- Burger King's New Fries Look to Compete with McDonald's, Wendy's
December 02 2011 5:55 PM
Burger King has begun introducing new French fries in its North American franchises, hoping a revamped recipe will help it take on competitors McDonald's and Wendy's in the fast-food burger and fries restaurant chain market.
- Wendy's to Consolidate Headquarters in Ohio, Severing More Ties with Arby's
December 02 2011 12:03 PM
Wendy's announced Thursday that it would consolidate its corporate headquarters to Ohio, moving 170 positions from Atlanta and severing more memories of its failed union with Arby's.
- Lipitor Generic Sales Could Be Unfairly Limited by Pfizer Agreements, Say 3 U.S. Senators
December 01 2011 7:27 PM
Three prominent United States senators wrote a letter to numerous drug makers Thursday, inquiring about Pfizer Inc.'s deals with insurers and pharmacy benefit managers that might limit the market for the selling of generic versions of the company's Lipitor cholesterol drug.
- Arsenic in Apple Juice: Mott's, Welch's Defend Apple and Grape Juices After Investigation
December 01 2011 6:43 PM
Makers of apple and grape juice targeted in a Consumer Reports investigation into juice arsenic levels pushed back against the report Thursday, saying their juices are safe for the plethora of American children who drink it each day.
- Retailers Post Mixed November Sales Results, Despite Record Black Friday and Cyber Monday
December 01 2011 2:52 PM
After record sales and traffic on both Black Friday and Cyber Monday 2011, retailers reported November sales that matched November estimates, as some retailers impressed while others fell behind.
- Horse Slaughtering Debate Ignited as Congress Lifts Ban to Clear Way for Slaughterhouses
November 30 2011 7:31 PM
Horse meat may soon be brought back to the table in the United States, as horse slaughterhouses will be revived under an obscure inclusion in a recent appropriations bill.
- NRA: Restaurant Performance Index Stays Flat; Operators Improve Economic Outlook
November 30 2011 4:47 PM
The National Restaurant Association's Restaurant Performance Index remained flat in October from the previous month, as lower foot traffic and sales offset improved outlook from restaurant operators.
- Wendy's Will Surpass Burger King in Market Share: Analyst
November 29 2011 7:15 PM
Wendy's is on track to overtake Burger King as the United States' second-largest fast-food burger chain next to McDonald's, according to an analyst's report released on Tuesday.
- Patagonia Tells Customers 'Don't Buy This Jacket' in Unconventional Black Friday, Cyber Monday Ad
November 29 2011 5:54 PM
Most retailers lured shoppers to their online and brick-and-mortar stores this Black Friday and Cyber Monday with ads promising deals that were too good to pass up. Outerwear retailer Patagonia, however, effectively tried to do the opposite.