BELLINGHAM, Wash.— The Washington state- based grocery chain Haggen Inc. plans to buy 146 Albertsons and Safeway stores in Washington, Oregon, California, Nevada and Arizona. The Bellingham Herald reports the sales are required under the federal review of Safeway's sale to an investment group that owns Albertsons. Associated Food Stores is buying eight stores...» Read More
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.
Some entrepreneurs are finding success in unique foods that are healthy, spicy or gluten-free. Is a niche food company right for you?
The "Mad Money" host puts a Mark Twain spin on the market and takes a look at how retail sales are actually faring.
While some people think you shouldn’t mess with success, especially a 114-year-old success, it’s always good to keep an open mind. Take Shriver's Salt Water Taffy company. Some new flavors and a robust social media site allow the third-generation family owned company to innovate while staying true to its roots.
In sum, to ensure a world where hunger does not overwhelm society, bold leadership will be necessary to preserve civility in the global neighborhood.
With earnings season just around the corner, Cramer sheds some light on what to expect from six key sectors.