TEWKSBURY, Mass.— A New England supermarket chain that has been in turmoil for weeks over a workers' revolt and customer boycott has announced that the former CEO will buy a majority stake in the business. In a statement issued late Wednesday, Market Basket said popular CEO Arthur T. Demoulas would be returning and taking over day-to-day operations.» Read More
Kroger rose$. 35 or. 7 percent, to $50.48. Safeway rose$. 10 or. 3 percent, to $34.64. Supervalu rose$. 30 or 3.2 percent, to $9.63.
Kroger rose$. 19 or. 4 percent, to $50.32. Safeway rose$. 11 or. 3 percent, to $34.65. Supervalu rose$. 09 or 1.0 percent, to $9.42.
The state agency previously closed four other McDonald's restaurants and unveiled sweeping checks across the country.
Burger King Worldwide confirmed plans to acquire Tim Hortons, with billionaire Warren Buffett helping to finance the deal.
Kroger fell$. 17 or. 3 percent, to $50.13. Safeway fell$. 01 or percent, to $34.54. Supervalu fell$. 11 or 1.2 percent, to $9.33.
Arby's is rolling out a sandwich that will contain at least half a pound of assorted meats and cheeses, according to The Washington Post.
Safeway rose$. 04 or. 1 percent, to $34.59. Supervalu fell$. 14 or 1.5 percent, to $9.30. Whole Foods Market Inc. rose$. 13 or. 3 percent, to $38.68.
Asia's newly minted chocoholics are tempting sweets-makers, but challenges range from different cultural tastes to the region driving up cocoa prices.
BOSTON— The governors of Massachusetts and New Hampshire said Friday they were optimistic the long-running family dispute that has hobbled the Market Basket supermarket chain will be resolved, perhaps as soon as this weekend, with an agreement to sell it to its ousted CEO. In a statement issued late Friday, Massachusetts Gov. Deval Patrick and New Hampshire Gov.
Kroger fell$. 15 or. 3 percent, to $50.30. Safeway fell$. 06 or. 2 percent, to $34.55. Supervalu fell$. 12 or 1.3 percent, to $9.44.
Kroger rose$. 14 or. 3 percent, to $50.60. Safeway rose$. 03 or. 1 percent, to $34.64. Supervalu fell$. 08 or. 8 percent, to $9.48.
McDonald's announced Friday that its U.S. president, Jeff Stratton, would be retiring from the company. He will be replaced by Mike Andres.
Food prices are high, but for the $100 watermelons and pumpkins Tony Dighera grows organically in Fillmore, California, demand is outstripping supply.
Jell-O has lost its jiggle and nobody knows how to fix it.
Kroger fell$. 08 or. 2 percent, to $50.45. Safeway fell$. 09 or. 3 percent, to $34.61. Supervalu fell$. 10 or 1.0 percent, to $9.56.
CARACAS, Venezuela— Venezuelans could soon have to scan their fingerprints to buy bread. President Nicolas Maduro says a mandatory fingerprinting system is being implemented at grocery stores to combat food shortages by keeping people from buying too much of a single item.
Kroger rose$. 01 or percent, to $50.54. Safeway fell$. 10 or. 3 percent, to $34.60. Supervalu fell$. 05 or. 5 percent, to $9.61.
So far no other prominent Western brand has reported extra scrutiny from the Russian authorities, but some say they are worried.
Kroger rose$. 13 or. 3 percent, to $50.53. Safeway fell$. 03 or. 1 percent, to $34.70. Supervalu fell$. 04 or. 4 percent, to $9.66.
Deval Patrick said Wednesday he was hopeful that a family fight over the Market Basket grocery store chain that has sparked an employee walkout and a customer boycott can be resolved soon.