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Food and Staples Retailing

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  • Drought Impact 'Big,' Scrap Biofuel Mandates: Sunny D CEO Wednesday, 15 Aug 2012 | 4:52 PM ET
    Crop Failure due to Drought

    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.

  • So Far So Good on Drought’s Impact: Annie’s CEO Wednesday, 15 Aug 2012 | 12:26 PM ET
    Annies Mac and Cheese

    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.

  • Bud vs. Miller on the Campaign Trail Wednesday, 15 Aug 2012 | 11:43 AM ET
    Barak Obamba, Iowa State Fair

    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.

  • Rising Food Prices Look Manageable: Whole Foods Co-CEO Tuesday, 14 Aug 2012 | 4:17 PM ET
    A Whole Foods Market in Dallas.

    Food inflation is going to pick up next year, but Whole Foods should manage it easily, the upscale grocer’s co-CEO told CNBC’s “Closing Bell” on Tuesday.

  • Retail Sales for Small Businesses Slows in July Tuesday, 14 Aug 2012 | 3:04 PM ET
    Female Shoppers

    Spending at small retailers in the U.S. slowed in July from the same time last year, reaching the lowest growth level for the last 12 months, according to a new report.

  • As kids head back-to-school, parents focus on replenishing and replacing kids’ gear, but this year even the basics have gotten more complicated.

  • Abercrombie Falls Off the Balance Beam—Who's Next? Thursday, 2 Aug 2012 | 9:51 AM ET
    Abercrombie and Fitch

    While the average retailer in the U.K. ran discounts in the 30-50% range during June/July clearance period, the Abercrombie brand stubbornly stayed on the sidelines.

  • For Retailers, Where's the Olympic Gold? Wednesday, 1 Aug 2012 | 12:44 PM ET
    London Spectators at Olympics

    With the Jubilee followed by the Olympics it is good to be British this year. So does that must mean its good to be a retailer in the U.K. this year? Not exactly.

  • Consumer staples companies have been consistently beating earnings estimates so far this quarter. With several big names reporting in the week ahead, the question is: Will the trend continue?

  • CityTarget: Will It Be a Bullseye? Wednesday, 25 Jul 2012 | 1:16 PM ET
    City Target

    After two years in the making, Target opened its first CityTarget stores Wednesday in Chicago, Los Angeles and Seattle. In October, two more CityTarget locations will open in Los Angeles and San Francisco.

  • Price Hikes Aren't on the Menu for Restaurant Chains Monday, 23 Jul 2012 | 3:52 PM ET

    With commodity prices at levels not seen in years due in large part to the drought sweeping half the nation, casual dining restaurants — not their diners — will take it on the chin.

  • Cramer Assesses the Reality Behind Retail Monday, 16 Jul 2012 | 6:21 PM ET
    Jim Cramer

    The "Mad Money" host puts a Mark Twain spin on the market and takes a look at how retail sales are actually faring.

  • Brewing Issue: What Beer Should the President Drink? Monday, 16 Jul 2012 | 2:00 PM ET
    President Barack Obama drinks a beer at Ziggy's Pub and Restaurant in Amherts, Ohio.

    “What’ll you have?” becomes a complicated question when you're the leader of the free world, where every action and every decision is analyzed. Yes, when you’re the President of the United States even your choice in beer is scrutinized.

  • Hublot Combats Global Slowdown by Spending More Saturday, 14 Jul 2012 | 7:17 AM ET

    Hublot exports 40 percent of its products to China. With China’s GDP numbers out Friday morning indicating economic growth falling to 7.6 percent, the slowest pace in three years, the luxury time-piece company has a lot to think about.

  • Want a Free Meal at Chick-fil-A? Dress Like a Cow Friday, 13 Jul 2012 | 5:49 PM ET
    Chick-Fil-A

    Friday the 13th is Cow Appreciation Day at Chick-fil-A. If you show up at a restaurant wearing a cow costume, you eat for free.

  • How Will the Drought Affect Consumer Food Prices? Wednesday, 11 Jul 2012 | 11:22 PM ET

    Over the last 30 days corn is up 18.9 percent, wheat is up 30.9 percent, and soybeans have seen a 6.8 percent rise. These big moves are sparking concerns that products that use them will see price increases, especially with respect to corn.

  • Consumers Remain Cautious: General Mills CEO Tuesday, 10 Jul 2012 | 10:41 AM ET
    General Mills

    Consumers are still cautious and there’s likely to be only a slow recovery, General Mills CEO Kendall Powell told CNBC’s “Squawk on the Street.”

  • While Best Buy cutting back on staff is nothing new — and certainly not a surprise — it may be the first of many announcements to come from retailers, especially as the holidays approach. Last year, Best Buy cut back on its plans to hire temporary staff for the holiday, adding only 15,000 workers versus 29,000 in 2010.

  • Spam

    Spam turns 75 years old this July, and it's celebrating with a new mascot and a party at its chief US manufacturing plant. Once a staple of soldiers' diets, Spam's reluctant legacy may be as the clown of the US food world the Christian Science Monitor reports.

  • In sum, to ensure a world where hunger does not overwhelm society, bold leadership will be necessary to preserve civility in the global neighborhood.