Kroger fell$. 37 or. 7 percent, to $50.34. Safeway fell$. 16 or. 5 percent, to $34.71. Supervalu rose$. 05 or. 5 percent, to $9.38.» Read More
Looking for a McDonald's in Australia this month? You may bump into a "Macca's" instead. The international fast food giant will temporarily change signs to "Macca's," the affectionate Australian nickname for the chain, in celebration of Australia Day.
Some of the biggest U.S. retailers reported December same store sales on Thursday, showing both hits and misses in a still unsteady economy.
Food safety authorities have shut down two chicken farms in eastern China, including one that supplied Yum Brands' KFC and McDonald's.
General Mills reported quarterly earnings Wednesday that beat analysts' expectations.
Fast food giant KFC's Chinese subsidiary pledged on Tuesday to work with authorities in investigating claims by state television that its chicken suppliers had injected anti-viral drugs and growth hormones in its poultry.
KFC and Pizza Hut parent Yum Brands said it is rethinking where it opens new restaurants in China and accelerating openings of its high-margin pizza chain in that country.
Wal-Mart entered India's supermarket sector in 2010 with a $100 million bet on a consultancy with no employees, no profits, and a scant $14,000 in revenue.
Britain's Tesco, the world's No. 3 retailer, has launched a strategic review of its loss-making United States chain Fresh & Easy.
Jim McCaughan, CEO of Principal Global Investors, tells CNBC that Tesco was unlucky in the US as they came into competition with Wholefoods which dominated that market.
A Texas-born quickie mart chain explodes across tropical Asia. The Global Post reports.
Pizza Hut is offering free pizza for life to whoever asks the presidential candidates if they prefer sausage or pepperoni as their topping. CNBC's Jane Wells explains why the move has turned into a PR nightmare.
CNBC's Jane Wells reports as retail gasoline prices rise, restaurant prices are rising, too; and Stephen Anderson, Miller Tabak senior analyst, shares his restaurant stock picks ahead of earnings season.
Multinational food and beverage companies have jumped into the fast-growing organic foods markets through strategic acquisition.
Tesco CFO Laurie McIlwee discusses why the UK supermarket chain has suffered negative same-store sales for 18 months. Tesco's reported earnings early on Wednesday.
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.
The new U.K. Business Minister, Michael Fallon, has promised a “drive to cut red tape” to boost business growth to help the country out of recession. For one ice cream man this can’t come soon enough.
Dana Gunder, National Resource Defense Council scientist, and Laura Cipullo, Laura Cipullo Whole Nutrition Services, provides perspective on just how much food is wasted in the U.S. and why. Why do Americans waste 40 percent of all the food they buy?
Some entrepreneurs are finding success in unique foods that are healthy, spicy or gluten-free. Is a niche food company right for you?
Kemper Isely, Natural Grocers by Vitamin Cottage chairman & co-president, discusses the timing of his IPO, and his company's plans for expansion. "Over the next 5 years, we will open between 84-100 stores," he says.