NEW YORK— Whole Foods Market has apologized to its shoppers for pricing issues in blog posts and emails, a week after a New York investigation found that the natural food grocer routinely overcharged for prepackaged fruits, vegetables and deli meats. Last week, New York's Department of Consumer Affairs said it was expanding its investigation after finding...» Read More
Sainsbury's CFO John Rogers tells CNBC why the UK supermarket chain's non-food business is growing at three times the rate of its food business. Sainsbury's reported second quarter earnings early on Wednesday.
UK retail chains Sainsbury's and Tesco both reported earnings early on Wednesday. Jim McCaughan, chief executive of Principal Global Investors, tells CNBC which he thinks is the better stock pick.
In this exclusive one on one interview with J.C. Penney 's CEO Ron Johnson, he talks about reinventing retail.
It's not hard to tell when hedge fund manager David Einhorn told investors today that he thinks Chipotle's stock is an attractive short - the chart shows investors started selling immediately. Damon Vickers, Damon Vickers & Co. CIO, explains why he is long Chipotle.
Food manufacturer Kraft’s spinoff company Mondelez expects growing demand for snacks in the developing world to be pivotal to the company’s success.
Tim Cofer, European President for Mondelez International, tells CNBC "The wisdom associated with this split is quite sound, we are creating two distinct enterprises, Mondolez international has the single focus of creating delicious snacks."
Stocks are falling mid-morning Friday, the last trading day of the third quarter. But the major U.S. market indexes have rallied all year in the face of continued concerns about the health of the U.S. economy, the European debt crisis and slowing growth in China.
According to a recent analysis by the Beer Institute, a national beer trade association that represents beer brewers and importers, 45 percent of what consumers pay for a beer goes to taxes.
Steve Jobs once famously said “It’s not the consumers’ job to know what they want.” French beverage company Pernod Ricard is applying a similar philosophy to its spirits business.
Spending on Halloween is expected to rise to $8 billion, up 17.5 percent from last year, according to the results of a survey conducted by BIGinsight on behalf of the retail industry’s trade group, the National Retail Federation.
The worst is over for Starbucks in Europe, and the company is confident that it can continue to navigate a challenging economic environment, CEO Howard Schultz told CNBC’s “Squawk on the Street” on Thursday.
Rising energy prices and torpid U.S. economic growth are taking an increasing toll on cash-strapped consumers and retailers faced with shrinking profit margins, an industry representative told CNBC on Monday.
California says it's losing $1.2 billion a year in online sales taxes, prompting a new law that will force large internet merchants with affiliates inside the cash-strapped state to collect those taxes.
Michael Kors Holdings stock has nearly doubled this year, outperforming other high-end and luxury brands like Tiffany and Coach.
Starting next week, consumers will know exactly how many calories they’re getting with that Big Mac, fries and milk shake.
Munich's world famous Oktoberfest doesn't kick off for another 12 days and it's already off to a tough start.
There is some concern that the political uncertainty surrounding the election and looming fiscal cliff could rattle consumers heading into the all-important holiday season.
With the recent New York City regulation on soft drinks, PepsicCo, hopes to makes its sodas healthier.
Dark clouds may have rolled in over Labor Day, but fret not ladies: Fashion's Night Out is here to cheer you up.
On August 21, a Chinese fisherman caught a rare fish worth over $475,000. As impressive a haul as that is, it didn’t represent the highest known payday for something caught from the sea.