More From Brett LoGiurato
U.S. Auto Sales Jumped 7 Percent in November: Report
Chrysler and Hyundai led the way for strong automotive sales in the United States in October, as sales continue to rebound from recession slumps, according to analysis from the Great American Group released Monday.
Dec 12, 2011
Amazon Price Check App Comes Under Fire from Congress, Retailers
The Amazon Price Check app seems simple enough. Shoppers use the app, introduced earlier in 2011, to compare the retail giant's prices with other retailers. They scan a barcode, snap a picture, say the product name or type the search.
Dec 09, 2011
Coca-Cola Moves Secret Formula For First Time in 125 Years
The secret is out, Coca-Cola says in the first sentence of a release Thursday about its 125-year-old formula used to make its Coca-Cola Classic soda.
Dec 09, 2011
Wal-Mart Investigating if its Overseas Workers Violated Corrupt Practices Act
Wal-Mart began an internal investigation within the last seven months to determine whether some overseas incidents violated U.S. federal law.
Dec 09, 2011
DuPont Cuts Profit Outlook on Weak Electronics Demand, Housing and Construction Markets
The largest United States chemical maker DuPont lowered its full-year profit outlook on Friday, a troubling sign for the rest of the chemical market. The company cited slower growth in certain segments because of an unstable global economy as the reasons for the shift.
Dec 09, 2011
McDonald's Pork Supplier Smithfield Farms Reaffirms Commitment to Phase Out Gestation Crates
Smithfield Foods, the McDonald's McRib pork supplier that has come under fire from The Humane Society of the United States, said Thursday its progress toward conversion from gestation crates for its pigs was on track to be completed by 2017.
Dec 08, 2011
Costco Profit, Sales Rise on Higher Gas Prices, Currency Gains, Jump in Membership Fees
Costco Wholesale saw first-quarter profits jump 2.6 percent and revenue rise 13 percent in its fiscal first quarter of 2012, the company announced Thursday.
Dec 08, 2011
Top 10 Worst Kids Cereals: Honey Smacks, Froot Loops, Cap'n Crunch High on Report's List
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.
Dec 08, 2011
McDonald's November Sales Jump 7.4 Percent on Robust Growth in Asia, Africa, Middle East
McDonald's keeps beating the economy, unveiling strong identical-store November sales numbers in an earnings report Thursday.
Dec 08, 2011
J.C. Penney Will Buy Minority Stake in Martha Stewart to Build up Brand, Sluggish Sales
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.
Dec 07, 2011
OSHA Suit Accuses Whole Foods of Firing Sewage Spill Whistleblower
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.
Dec 07, 2011
Wal-Mart in India Deal is Off: PM Manmohan Singh Backs Off Foreign Retailers Plan
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.
Dec 07, 2011
U.S. Restaurant Traffic Flat Through First Three Quarters, But Success Stories Give Hope for Next Year
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.
Dec 06, 2011
Meiji Shares Plummet on News of Radiation in Baby Formula
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.
Dec 06, 2011
USPS Ends Next-Day Mail: The Impact for Consumers and Companies That Depend on it
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.
Dec 05, 2011
Cyber Week 2011 Sales Hit Record, Follow Trend of Black Friday and Cyber Monday
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.
Dec 05, 2011
Kraft Foods Names CEOs to Lead New Grocery, Snack Units After 2012 Split
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.
Dec 05, 2011
Should Food Stamps be Used at Starbucks? Company Says Practice Not Recommended
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.
Dec 02, 2011
Burger King's New Fries Look to Compete with McDonald's, Wendy's
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.
Dec 02, 2011
Wendy's to Consolidate Headquarters in Ohio, Severing More Ties with Arby's
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.
Dec 02, 2011
Lipitor Generic Sales Could Be Unfairly Limited by Pfizer Agreements, Say 3 U.S. Senators
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.
Dec 01, 2011
Arsenic in Apple Juice: Mott's, Welch's Defend Apple and Grape Juices After Investigation
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.
Dec 01, 2011
Retailers Post Mixed November Sales Results, Despite Record Black Friday and Cyber Monday
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.
Dec 01, 2011
Horse Slaughtering Debate Ignited as Congress Lifts Ban to Clear Way for Slaughterhouses
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.
Nov 30, 2011
NRA: Restaurant Performance Index Stays Flat; Operators Improve Economic Outlook
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.
Nov 30, 2011
Wendy's Will Surpass Burger King in Market Share: Analyst
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.
Nov 29, 2011
Patagonia Tells Customers 'Don't Buy This Jacket' in Unconventional Black Friday, Cyber Monday Ad
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.
Nov 29, 2011
Wal-Mart Pepper Spray Incident: Black Friday Shopper May Have Acted in Self-Defense [VIDEO]
Remember the Wal-Mart shopper that pepper-sprayed people to get an Xbox 360 on Black Friday? Yeah, that Wal-Mart shopper that pepper-sprayed people to get an Xbox 360 on Black Friday. Well, turns out she may not have done it to get an Xbox 360 after all.
Nov 29, 2011
Cyber Monday 2011 Sales Hit Record High Following Strong Black Friday
Online retail sales on Cyber Monday 2011 hit record highs and jumped 33 percent compared to the same day last year, according to a report from IBM Coremetrics.
Nov 29, 2011
Ocean Spray Recalls Craisins Due to Metal Fragment Concerns
Ocean Spray will voluntarily recall certain production lots of Original Flavor Craisins because of the possible presence of small hair-like metal fragments, the company announced Monday.
Nov 28, 2011
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