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
Steve Jobs once famously said “It’s not the consumers’ job to know what they want.” French beverage company Pernod Ricard is applying a similar philosophy to its spirits business.
Spending on Halloween is expected to rise to $8 billion, up 17.5 percent from last year, according to the results of a survey conducted by BIGinsight on behalf of the retail industry’s trade group, the National Retail Federation.
The worst is over for Starbucks in Europe, and the company is confident that it can continue to navigate a challenging economic environment, CEO Howard Schultz told CNBC’s “Squawk on the Street” on Thursday.
Rising energy prices and torpid U.S. economic growth are taking an increasing toll on cash-strapped consumers and retailers faced with shrinking profit margins, an industry representative told CNBC on Monday.
California says it's losing $1.2 billion a year in online sales taxes, prompting a new law that will force large internet merchants with affiliates inside the cash-strapped state to collect those taxes.
Michael Kors Holdings stock has nearly doubled this year, outperforming other high-end and luxury brands like Tiffany and Coach.
Starting next week, consumers will know exactly how many calories they’re getting with that Big Mac, fries and milk shake.
Munich's world famous Oktoberfest doesn't kick off for another 12 days and it's already off to a tough start.
There is some concern that the political uncertainty surrounding the election and looming fiscal cliff could rattle consumers heading into the all-important holiday season.
With the recent New York City regulation on soft drinks, PepsicCo, hopes to makes its sodas healthier.
Dark clouds may have rolled in over Labor Day, but fret not ladies: Fashion's Night Out is here to cheer you up.
On August 21, a Chinese fisherman caught a rare fish worth over $475,000. As impressive a haul as that is, it didn’t represent the highest known payday for something caught from the sea.
You may have a hard time finding the beers of Brooklyn Brewery west of Minnesota, but if you live in Stockholm, Sweden, you're in luck.
MillerCoors' Blue Moon Brewery's new beer is the result of a yearlong contest timed to roll out on the day of the blue moon.
Dale Katechis became the first craft brewery in the country to put craft beer exclusively in a can.
Tennis star Maria Sharapova has scored countless sponsorships with major brands - but now she is out with a brand of her own.
Summer may be over, but Corona wants to keep you thinking about its brand.
The extreme heat wilting crop harvests across the U.S. is exerting a “big” toll on input prices, the chief executive of Sunny Delight told CNBC Wednesday, issuing a call for the government to suspend mandates that divert corn into biofuels.
A drought that has ravaged U.S. crops and sent key commodity prices surging has yet to take a toll on Annie’s pricing or its bottom line, the CEO told CNBC in an interview Wednesday.
It’s an age-old battle. “Miller Time” versus “The King of Beers.” Typically the stuff of TV ads, this week it played out on the presidential campaign trail.