Albertsons said on Friday that it expected to price 65.3 million shares at between $23 and $26 each, valuing the company at up to $12.35 billion. Albertsons, the second-largest U.S. grocer after Kroger Co by number of stores, highlighted in a filing that it also faced a growing threat from online grocery stores. "It's only going to get worse for Albertsons," David...» Read More
The introduction of Five Guys and Shake Shack in London last month is part of a growing trend of American culture seeping into British food and drink.
Bad spring weather and a sluggish economy were cited by brewers for the recent poor sales of some of their light beer brands. But a couple of new surveys suggest consumers may just be growing tired of the taste of light beer and moving on.
Tom Gearing, former Apprentice runner-up and co-director of Cult Wines, tells CNBC that threats by China to impose tariffs on European wine exports has not affected the industry.
In a survey of U.S. and Canadian grocery shoppers, Trader Joe's, Publix Supermarkets and Whole Foods earned some of the highest marks.
As London becomes more accustomed to American quality fast-food, the Brits can't help but add a bit of class: champagne goes really well with hot dogs.
Panera Bread this week removed its pay-what-you-can turkey chili from the menus at the 48 St. Louis locations where it was testing a program to help end hunger.
No strangers to food in the fast lane, a handful of former McDonald's executives, are trying to crack the code on providing food on the go that tastes good and is good for you.
A restaurant with a menu built around bacon has been temporarily shut down due to complaints from neighbors about the aroma, but its supporters are fighting back.
Amid a slow-growth environment for US manufacturing, one American company is bucking the trend as Americans embrace juicing, which has driven sales higher.
Never one to rest on its caffeinated laurels, Starbucks is testing out some new drinks. Here's where you can get them.
If you couldn't be Don Draper on "Mad Men," you could at least drink like him, but now vodka is back as America's favorite.
A recent discovery of an English counterfeit scheme has raised wide concerns about food safety.
Bay Area natives Anchor Brewing and the San Francisco Giants are once again teaming up.
Hummus sales are booming, and Sabra is on a quest to convince Americans to eat even more. Is it the next peanut butter?
Last year $2 billion worth of products were sold with a label saying they do not contain ingredients from genetically modified organisms, but the claim wasn't backed by regulators.
Canned beer was once frowned upon, now it's here to stay as consumers and brewers alike become more comfortable with the idea of beer in a can.
Despite the high revenue, the profit margins in the grocery business traditionally have been low, but that hasn't stopped retail giants Amazon and Wal-Mart from escalating the national food fight. What gives?
Combining two hot alcohol trends, the casual chain is offering beer cocktails made with MillerCoors products and served in a reusable can.
Start-up GreenCupboards wants to turn eco-friendly buzz words like "sustainable," "organic" and "fair trade" into a booming business.
As Coca-Cola unveiled its first processing plant in Myanmar, one analyst warned that the move into frontier markets could mean emerging markets are not as attractive to multi-nationals as they once were.