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Apollo Global is nearing a deal to acquire Fresh Market for more than $1.3 billion, people familiar with the matter told Reuters.
Grocery store Daily Table is on a mission to sell healthy food so cheap it can compete with fast food.
March 11- Private equity firm Apollo Global Management LLC is nearing a deal to acquire Fresh Market Inc, a U.S. specialty grocery retailer, for more than $1.3 billion, people familiar with the matter said on Friday. Apollo has prevailed in auction for Fresh Market with a cash offer of $28.50 per share, and is now finalizing the terms of the deal, one of the people added.
A Joe's Crab Shack restaurant in Minnesota has come under fire after it used an old photograph of a lynching in its table decor.
Ratha Chaupoly and Ben Daitz have created a Cambodian sandwich empire in the heart of New York City. The duo now has seven Num Pang storefronts spread across Manhattan.
The Mexican fast food chain's new breakfast menu will feature 10 items.
Taco Bell launched its $1 Morning Value Menu on Thursday, offering customers 10 breakfast items — some new — for just a buck.
Chipotle Mexican Grill received praise for its handling of potential norovirus infections at a Boston-area restaurant.
LONDON, March 10- British takeover target Home Retail reported improved trading at its Argos stores and a bigger-than-expected cash pile on Thursday, a week before a deadline for bids. Supermarket group Sainsbury's and South Africa's Steinhoff International are pursuing Home Retail, which said sales at Argos stores open for more than a year fell by 1.1...
Chinese consumer prices accelerated to a six-month high in February as seasonal distortions caused food prices to spike.
McDonald's all-day breakfast currently offers customers a limited number of items outside of the morning hours, but that could change.
A new report outlines solutions to lowering food waste in America and how businesses can profit from such efforts.
Analysts at Nomura are raising same-store sales forecasts for Wendy's, thanks in large part to the success its "4 for $4" bundled meal.
The Massachusetts location closed for a full cleaning after four employees fell ill.
More Americans are choosing to buy real butter instead of margarine and other butter substitutes.
Butter and maple syrup aside, IHOP's National Pancake Day also raises money for children's charities.
HomeTown Buffet and several affiliated buffet chains filed for Chapter 11 bankruptcy protection.
Jon Cox, head of Swiss equities at Kepler Cheuvreux, weighs in on Lindt’s latest earnings report, and why he remains cautious on the food and drinks sector overall.
LONDON, March 8- European shares slipped to a one-week low on Tuesday, with a drop in industrial metals prices following poor trade data from China, the world's top metals consumer, putting pressure on the mining sector. Shares in French supermarket retailer Casino also fell by around 1 percent after U.S. research firm Muddy Waters launched a new attack on the...
Shake Shack reported quarterly earnings and revenue that beat analysts' expectations on Monday.