Dec 12- Empire Co Ltd, owner of Canada's No. 2 grocer, reported an 84 percent jump in second-quarter earnings as cost controls helped to offset weaker margins. Sobeys, like other Canadian retailers, is facing increasing competition from Wal-Mart and Target, which are expanding their presence in Canada.» Read More
Here's the latest "Six Pack," a look at six news items that have consumers buzzing in the world of beer, wine and spirits, as we head into the weekend. This week, Yuengling takes top honors, Guinness rolls out the QR Code pint glass and Breckenridge brews special Comic-Con beer.
Headlines about Wal-Mart Stores' better-than-expected earnings mean that, at least for now, Wall Street isn't so concerned about bribery allegations in Mexico and impending investigations.
Investing in restaurants has a bad name. But plenty of people find ways to run restaurants profitably and make a good deal of money from the enterprise.
Here's the latest "Six Pack," a look at six news items that have consumers buzzing in the world of beer, wine and spirits, as we head into the weekend. This week, Beam's Maker's Mark wins a trademark case for its red wax seal, Anheuser-Bush rolls out a cider, and Andrea Bocelli launches a wine line.
Diageo was forced to apologize after it became known that the company allegedly pressured an industry association to award it a prize originally intended for Scottish craft brewer BrewDog.
When was the last time you heard of brand love so strong, it inspired customers to break into song? Well that's exactly what happened when Wegmans, a grocery chain with a cult-like fan base, opened its first store in Massachusetts.
We caught up with brewing pioneer Ken Grossman to talk about Sierra Nevada Brewing Co. and the business of craft beer: past, present and future.
Here's the latest "Six Pack," a look at six news items that have consumers buzzing in the world of beer, wine and spirits, as we head into the weekend. This week, a look at Dos Equis food trucks, Sam Adams earnings, and more.
CEO Donald Knauss told CNBC Clorox was faced with $140 million to $150 million more in commodities costs, and that meant raising prices on its household cleaners, bleach and other consumer products.
Although consumers have been steadily shifting to private-label foods and beverages, the shift may be born out of necessity rather than a deliberate choice on the part of the consumer, according to the findings of a new report from NPD Group.
Stock sell-offs can make for attractive buying opportunities, but Cramer said not all stocks are worth buying on a pullback.
Introducing Consumer Nation “Six Pack” — a look at six news items that have consumers buzzing in the world of beer, wine and spirits, as we head into the weekend.
Wal-Mart will offer its online shoppers a “pay with cash” option. The program plays to Wal-Mart’s key customer, a low-income consumer who may have little access to credit cards and banking options.
"I have no idea how Wal-Mart operates but I do know how Mexico operates," former foreign minister Jorge Castaneda told CNBC's Squawk on the Street Monday.
If you're worried about how yours might fare during a downturn, consider a recession-proof industry, which caters to ongoing demands.
Priceline.com is profiting from the old adage that good things come to those who wait, offering last-minute hotel and car bookers ways to get discounts through its mobile application.
For the first time in history, it may be considered frugal to eat out!
Market research firm NPD Group says that 80 percent of morning meals are purchased from fast food establishments and research shows that people care less about the price of their breakfast than any other meal because it’s so much about convenience and speed.
Through an 18 month period, we saw our overall cost of goods increase 40% and we challenged ourselves to take on the brunt of the impact.
Consumers have been squeezed – and it shows in their purchasing behavior. In our business, each 1% increase in price typically reduces consumption by 1%.