LONDON, Oct 7- Britain's biggest supermarket Tesco said its turnaround plan was starting to work, with more people shopping in its stores, but the heavy cost of rebuilding the business was evident in a collapse in a first-half profit. Heavy investment meant that operating profit before one-off items, its new headline performance measure, fell 55 percent to 354...» Read More
Furniture retailer IKEA's Swedish meatballs are returning to the menu after last month's horse meat scare, with new supply chain controls "from farm to fork," the company's head of foods said.
McDonald's is adding a permanent new offering to its menu: Chicken McWraps. And yes, there's bacon.
The operator of the U.K.'s third-biggest supermarket chain J Sainsbury, beat expectations on Tuesday with quarterly like-for-like sales (excluding fuel) rising by 3.6 percent. Analysts polled by Reuters had expected a rise of just 2.3 percent.
Improved weather is projected to result in a successful growing year, which could reduce the pressure on grain, livestock feed and consumer prices.
The maker of Budweiser is using splashy newspaper ads to poke fun at a lawsuit that alleges its beer is watered down.
Following are the events on Jim Cramer's radar as he develops strategy for the week ahead.
Workers at Chivas Brothers plant in Scotland have accidentally flushed thousands of gallons of the company's Scotch down the drain.
Wal-Mart Stores Inc's British supermarket arm, Asda, said on Thursday it had discovered horse DNA in its beef bolognese sauce and was withdrawing that product and three others from its stores.
Six stories that have them buzzing in the world of beer, wine and spirits this week: Justin Timberlake promotes Bud Light Platinum and the quest for a diabetic-friendly brew.
Could Styrofoam containers get 86'd from the menu of takeout food options in the nation's biggest city?
Skinnygirl is putting their own twist on the fantasy league industry with the Skinnygirl Cocktails Celebrity Fantasy League. Players draft teams of celebrities who accrue and lose points based on their performance and behavior during awards season.
McDonald's said it is offering its first new Happy Meal entree in a decade: Fish McBites.
It's the battle of the beers in the Super Bowl team hometowns. And dreams do come true, Jimmy: A land where beer is cheaper than water!
The Department of Justice plans to sue to block Anheuser-InBev's proposed purchase of the rest of the Mexican brewer Grupo Modelo, a move that jeopardizes Constellation Brands' plans to fully acquire Crown Imports.
Diageo, the world's biggest spirits maker, reported slowing growth in earnings on Thursday and the CEO told CNBC the Europe market was lackluster.
Last summer's drought has driven up the price of those Super Bowl party chicken wings. Chicken prices were up 6 percent in December, versus a year earlier - that's more than triple overall food prices.
Six things that have consumers buzzing in the world of beer, wine and spirits this week including FU Sandy beer, an Anheuser-Busch heir's latest investment and the New Hampshire beer tax battle.
The number of people seeking emergency treatment after consuming energy drinks has doubled nationwide during the past four years, the same period in which the supercharged drink industry has surged in popularity.
Six news stories that have consumers buzzing in the world of beer, wine and spirits this week, including a pricey bid for the White House brew.
In a beer industry over flowing with competition, it can be difficult for a brewer to stand out. But one Southern California-based brewery, Hangar 24, is hoping that brewing distinct beers grounded in its geographic roots will eventually bring its beer to faraway places.