SEOUL/ HONG KONG, Sept 2- Tesco has picked private equity firm MBK Partners as preferred bidder to buy its South Korean unit for as much as $6.6 billion, sources said, as the British supermarket retreats from overseas and focuses on revitalising its domestic business. In what would be the largest-ever private equity deal in Asia, MBK bid around 7.8 trillion won, one...» Read More
Amid financial challenges and stiff competition, some food truck operators are scaling back street vending. Is this the end of an era?
Vermont Gov. Peter Shumlin signed a new law that puts the state on the path to become the first to require labels on genetically modified foods.
Ronald's not the only one getting a new look at McDonald's, which is testing seasoned fries in some locations.
Whole Foods stock got hammered yesterday. Dennis Berman of The Wall Street Journal thinks this is a buying opportunity. Ben Brownlow, Raymond James, says the food retailers' problems are not a short-term thing.
Doug Sanders, Sprouts Farmers Market president & CEO, discusses rising food costs and breaks down competition in the natural foods and organics space.
Shares of Whole Foods Market dipped more than 18 percent when trading began Wednesday morning, and CNBC's Jim Cramer calls the move a 'loss of faith.'
Whole Foods Market cut its 2014 same-store sales and earnings forecast for the third time amid rising competition.
Americans devote a smaller portion of their overall budget to groceries than most other countries, experts say.
Everyone will be surprised by how many flagship Starbucks will open in coming years, CEO Howard Schultz tells CNBC.
This summer Taco Bell will test U.S. Taco Co., a hush-hush, fast-casual restaurant project, in Huntington Beach, Calif., USA Today reports.
Fresh off posting quarterly earnings, Starbucks CEO Howard Schultz tells CNBC that his company "can do for tea what we've done for coffee."
Hedge fund manager Tom Sandell has nominated a slate of eight directors to the board of Bob Evans Farms, the latest salvo in his activist campaign.
Hedge fund Starboard Value on Tuesday won consent from 54 percent of Darden shareholders to call a special meeting, sources told CNBC.
The state's inquiry is the latest hurdle for the direct-sales nutrition company.
A new agreement requires GrubHub to ensure fees it charges restaurants for its service does not sap tips from delivery people or other workers.
The shift by the world's largest coffee chain comes after its low tax contributions in Britain provoked widespread criticism.
Food prices are rising. After two months of sharp increase, grocers had no alternative but to raise their prices, making consumers unhappy.
Coca-Cola showed a slight improvement in soda sales trends in the first quarter. But it a real turnaround may be a ways off.
With rising food rates and an increase in food imports, food fraud is a growing problem that costs the industry up to $15 billion a year.
Wal-Mart will provide shoppers with organic food options at the same price as its nationally branded non-organic items.