NEW YORK— The owner of Stop& Shop and Giant and the parent company of Food Lion completed their $29 billion combination after receiving regulatory clearance by the Federal Trade Commission. The Dutch retailer Royal Ahold NV owns Stop& Shop. Its rival, Belgium's Delhaize Group, is the parent company of Food Lion. » Read More
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.
Budweiser is rolling out Budweiser Crown Black to retailers on Jan. 21, in advance of a big promotional push that will include a thirty-second spot during Super Bowl XLVII on Sunday, Feb. 3. Can lightning strike twice?
Target is pledging to match prices of select online rivals year round. The promise began as a holiday promotion, but it will now be extended. But is this a race to the bottom for retailers?
It sounds like a setup for a joke: Hey, did you hear the one about the high school swim champ who got Taco Bell to make him a customized Speedo? It's not a hoax, though — more of a lesson in the power of social media marketing and teenage chutzpah.
Anheuser-Busch InBev is stealing a page from its own playbook with Beck's Sapphire, a pilsner-style brew that woos younger adults with is upscale image.
Starbucks will use its ubiquitous coffee cups to tell U.S. lawmakers to come up with a deal to avoid going over the "fiscal cliff'' and triggering automatic tax hikes and spending cuts.
ConAgra will continue to make acquisitions a key to its growth strategy even after the Ralcorp deal, CEO Gary Rodkin told CBNC on Thursday.
After high food inflation sapped demand for Cheerios and other General Mills foods in 2012, CEO Ken Powell told CNBC on Tuesday he's expecting a pick up in sales volumes next year.
Dec. 12, 2012, will see the final release of The Stone Brewing Company Vertical Epic Ale series, one of the longest running undertakings in craft beer.
Six news stories that have consumers buzzing in the world of beer, wine and spirits this week.
Wal-Mart entered India's supermarket sector in 2010 with a $100 million bet on a consultancy with no employees, no profits, and a scant $14,000 in revenue.
Britain's Tesco, the world's No. 3 retailer, has launched a strategic review of its loss-making United States chain Fresh & Easy.
Simon Thillou likes to think of La Cave à Bulles, his shop here devoted only to beer, as a place where beer lovers can gather to taste new brews and, of course, discuss the state of the world. But this was one controversy he never saw coming, and wishes he never had: a proposed 160 percent increase in the tax on beer.
Online sales jumped on Cyber Monday, sending e-commerce retailers' shares higher and suggesting strong growth from earlier in the holiday shopping season is continuing for now.
Despite the uncertain state of the economy there is a standout group of big spenders this holiday season: pet owners.
Americans will spend nearly $53 billion on their cats and dogs this year. PetSmart CEO Robert Moran, offers insight. Pets are now being looked at as "members of the family," he says, discussing just how much is spent on pets during the holiday season.