LONDON, March 13- Britain's Wm Morrison Supermarkets sparked talk of an industry price war on Thursday after it posted its lowest profit for five years and said it would invest 1 billion pounds in price cuts over three years in a bid to recover.» Read More
Speaking to the sluggish US performance, management says "we expect to improve on these very disappointing results by the fourth quarter," with the Fast Money team.
The week's top business news and investment advice, including retail picks, gaming stocks and railway bets.
Companies spend millions of dollars of naming stadiums and doing athlete sponsorship deals, but, as yesterday proved once again, Nathan's has the best marketing deal in sports.
France's Casino warned archrival Carrefour on Monday that a merger of its Brazil unit and the country's biggest retailer, Grupo Pao de Acucar, could not go ahead without its consent.
The 'Superbowl' of speed eating, the Nathan's Famous International Hot Dog Eating Contest, held on July 4 on Coney Island, could become a global sport, its organizer told CNBC.com, as the event enters its 96th year.
The gloom which has descended on the British high street, with shop closures and well-known chains collapsing, is set to continue as consumers cut back, Mike Dennis, senior consumer analyst at MF Global, told CNBC Thursday.
For Cost of Living, Southern states offer the best bang for your buck in CNBC’s Top States for Business 2011 study.
A 17.2% year over year increase in total meat in cold storage could curb demand for fresh meat, discuss the Fast Money traders.
Falling gas prices are easing the pain at the pump, but surging food costs are still causing consumers to get gored at the grocery store.
Even though Wal-Mart has 333 outlets and $7.5 billion in revenue in China, my firm estimates its market share has plummeted to 5.5 percent from 8 percent three years ago because it has not reacted fast enough to key trends.
Why Whole Foods' valuation is extremely reasonable right now, with Karen Short, sr. food retail analyst.
The doughnut wars are heating up as the parent company of Dunkin Donuts, files for an IPO. Insight, with Sam Yake, BGB Securities, Inc. analyst.
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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.
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.
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.
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.
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.
CNBC's Brian Shactman takes a look at some hot food stocks.
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.