Coca-Cola has once again delved into the '90s archives to bring back a nostalgic favorite.» Read More
LONDON, Nov 11- British grocer Sainsbury's plans to cut more prices to close the gap on fast-growing discounters Aldi and Lidl, signalling no let up in a battle that has ravaged industry profits. Britain's third-biggest supermarket group has already invested about 150 million pounds in lower prices in the last year, funded by cutting costs and dividends.
LONDON, Nov 11- British supermarket Sainsbury's reported an 18 percent fall in first half profit, hurt by food deflation, including its own price cuts. A year ago Sainsbury's Chief Executive Mike Coupe set out a strategy to stem the flow of shoppers to discounters Aldi and Lidl with price cuts and improvements to product quality and availability and customer...
Sainsbury’s CFO John Rogers outlines the investments being made across the company, explaining they haven’t been hampered by the company’s dividend commitments.
Nestle has restarted sales of its Maggi noodles in India after food safety fears left the company with $77m in losses, the FT reports.
Waitstaff no longer have to fear the wrath of bad tippers, at least at Joe's Crab Shack.
Pizza Hut is hoping that Americans will kick their diets to the curb this holiday season with a new triple layer pizza box, USA Today reports.
Campbell's new version of its chicken noodle soup will contain fewer ingredients. The New York Times reports.
With street food being a big part of Hong Kong's culinary scene, the Michelin Guide has included the city's street food vendors into the celebrated guide for the first time, says international director Michael Ellis.
Whole Foods' "Responsibly Grown" program recognizes even nonorganic food growers for better practices.
Taco Bell is giving away one breakfast item for free. Here's why.
Nov 4- Big changes are coming to Whole Foods Market Inc as the natural and organic grocery pioneer revamps its pricing and modernizes its business to fend off widespread competition and bolster same-store sales, which unexpectedly fell in the latest quarter. In a call after the earnings release, Whole Foods executives laid out plans to shake the chain's...
The "Fast Money" traders give their final trades of the day.
NEW YORK, Nov 3- Fairway Group Holdings Corp was downgraded to a low junk grade by Standard& Poor's, which said the operator of Fairway supermarkets may need to restructure its debt or raise capital as increased competition contributes to its "persistent underperformance." Credit analyst Diya Iyer said New York- based Fairway must fundamentally change its "...
A 32 year old Taco Bell executive lost his job after being caught on a dashcam video in a violent incident with an Uber driver.
A new study shows the majority of U.S. credit and debit cardholders who use coupons find them in newspapers. NBC News reports.
Freshii has grown fast, so what has millennials flocking to the fast-casual salad restaurant?
CHICAGO, Oct 30- Standing at the meat counter at a Mariano's grocery store in Chicago, a half-dozen customers bantered with the butchers about the recent World Health Organization report linking processed meat to colorectal cancer. "Give me two pounds of bacon," said Roland Marks, 47, a software engineer, rolling his eyes. The WHO took to Twitter, too, and also issued a...
Are we about to lose our appetite for hot dogs, bacon, and pies?
Oct 30- Fresh& Easy filed its second bankruptcy in two years on Friday after billionaire Ron Burkle was unable to turn around the West Coast grocery chain, which is in the process of closing down. British grocer Tesco Plc launched Fresh& Easy in 2006 with many industry analysts expecting the deep-pocketed company to challenge the dominance of Wal-Mart Stores Inc.
Burger King's Chicken Fries are getting a new flavor: Buffalo.