Food Retail
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Kroger rose$. 19 or. 7 percent, to $27.89. Safeway rose$. 02 or. 1 percent, to $19.27. Supervalu rose$. 02 or. 5 percent, to $3.93.
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Shares of weight-management and nutrition company Herbalife are up 18% in the last six weeks, with Tim Ramey, DA Davidson food analyst.
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Campbell Soup, like other food companies, has been hit by rising prices for commodities including wheat and vegetables, as well as a weak consumer base, Chief Executive Douglas Conant told CNBC Thursday. But the 140-year-old company is taking a long-term view of what it sees as a temporary bump in the road.
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If you have a hankering for a burger nowadays, the choices are endless. From McDonalds spacer, Wendy's, Burger King, Jack in the Box — the beef battle has a huge number of gladiators. One company that has been growing its menu of opportunities is Johnny Rockets.
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Companies that can make good tasting food that's also good for you have been totally on fire, and Hain is no exception, with Irwin Simon, chairman, president, CEO and also a founder of Hain Celestial, and Mad Money host Jim Cramer.
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Sanderson Farms reported a fiscal Q2 loss of $16.3M due to higher feed costs, with Joe Sanderson, Sanderson Farms CEO, and Farha Aslam, Stephens. "With the current economic conditions affecting consumer behavior, we expect to see continued weakness in food service demand," he says.
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Online grocery company Fresh Direct is using a combination of old world skills and new world technology to change the way Americans shop at supermarkets.
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According to the USSDA, beef prices will go up 8% in coming weeks; pork prices will gain nearly as much; and fruits and vegetables will be up 5.5.%, reports CNBC's Kayla Tausche, and John Catsimatidis, Red Apple Group Chairman & CEO.
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Farmers markets are popping up across the country as often as a new crop of corn. But the problem of making a profit—for themselves and the farmers that supply them—grows as well.
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Glencore made a speculative bet on rising wheat and corn prices in the early stages of last summer’s Russian drought, when senior traders at the Swiss-based company publicly urged Russia to impose a grain export ban. The FT reports.
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Dunkin’ Donuts, having just completed a bake-off with an array of Wall Street bankers, plans to serve up an initial public offering some time this summer, say people familiar with the company’s plans.
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Jonathan Feeney, Janney Capital Markets, explains what's behind Supervalu stock's surge in pre-market.
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Heather Jones, analyst at BB&T, shares her outlook on Smithfield Foods stock. Shares of the company are down 3%, but were down as much as 8% after the world's largest pork producer announced talks to increase its stake in Campofrio.
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So where do the big names in the culinary world flock? To the hot scene at Miami's South Beach, where they attend the annual South Beach Wine and Food festival (SOBE).
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Around the world, people’s relationship with alcohol varies greatly. In some places it is a point of national identity, in others it has become detrimental to a country's overall health.
