The world's biggest hamburger chain is stuck with a lot of unsold chicken from its Mighty Wings promotion, a new report said.» Read More
BRUSSELS, Nov 7- Belgian grocer Delhaize took a second writedown on its operations in the Balkans, pushing it to an unexpected third-quarter loss.
Alex Salmond, First Minister of Scotland explains how the nation is tapping the rising demand for salmon from China.
Nov 6- Whole Foods Market Inc on Wednesday reported slower same-store sales growth in the fourth quarter and the grocer lowered its sales forecast for fiscal 2014, sending shares down 8.7 percent in after hours trading.
Whole Foods Market on Wednesday reported same-store sales that decelerated in the fourth quarter. Shares plunged in extended-hours trading.
Nov 6- Whole Foods Market Inc on Wednesday reported same-store sales that decelerated in the fourth quarter and the grocer lowered its sales forecast for fiscal 2014, sending shares down 8.7 percent in after hours trading.
The fast food burger wars are intensifying. CNBC's Jane Wells reports on Burger King's new "Big King" hamburger that looks a lot like McDonalds' "Big Mac."
What has two all-beef patties, special sauce, lettuce, cheese, pickles and onions on a sesame bun? Burger King's latest sandwich.
Kellogg says it plans to trim its global workforce by 7 percent, with the breakfast foods maker citing weaker-than-expected sales for the year.
A California factory town's attempt to shut down production of Sriracha sauce heads to court until the company gets rid of the plant's smelly fumes.
Onions prices have skyrockteted 320 percent over the past 12 months. The Asia Squawk Box team discusses what that means for consumers.
The city of Irwindale, Calif., filed a lawsuit against Huy Fong Foods, maker of Sriracha, claiming the odor from the plant is a public nuisance.
*Primark, Loblaw pay 3 months' wages to workers, families. DHAKA, Oct 24- British clothes retailer Primark and Canadian grocer Loblaw laid out plans on Thursday to pay more compensation for the collapse of a Bangladeshi factory that killed almost 1,130 people, as protesters demanded other brands follow suit.
CNBC anchorman Geoff Cutmore gave his best impression of Ron Burgundy on Squawk Box Europe this morning.
*Britain, trailblazer in online grocery, seen at 13.7 bln euros. *Grocery e-commerce also set to take off in Germany, Netherlands. BERLIN, Oct 24- Online grocery sales will roughly double on average by 2016 in five key northern European markets- Britain, France, Germany, Switzerland and the Netherlands- the food and consumer goods research group IGD said on Thursday.
JOHANNESBURG, Oct 22- South Africa's No.2 grocer, Pick n Pay, increased its profit for the first time since 2010 in the first half, sending its shares surging on Tuesday as investors bet the retailer's turnaround plan is starting to bear results.
Chipotle is trading at an all-time high after it beat Wall Street's expectations. Research guru Bob Derrington, Northcoast Research, tells CNBC's Mandy Drury, the company's visibility and growth really has the stock cooking.
Oct 17- Supervalu Inc's quarterly profit beat Wall Street estimates as the supermarket operator cut costs after selling a number of its underperforming chains earlier this year. Supervalu shares, which have tripled since the company announced the sale of 900 stores including the Albertsons chain in January, slipped 3 percent on Thursday.
Oct 17- Supervalu Inc' s quarterly profit beat Wall Street estimates as the supermarket operator cut costs after selling more than half of its stores earlier this year. The company's shares rose 6 percent in premarket trading after the company reported net income of $40 million, or 15 cents per share, in the quarter ended Sept. 7.
Oct 17- Supermarket operator Supervalu Inc reported a second-quarter profit, compared with a year-earlier loss, as operating costs fell. Net income was $40 million, or 15 cents per share, in the quarter ended Sept. 7, compared with a loss of $111 million, or 52 cents per share, in the same quarter last year. Sales rose 0.2 percent to $3.95 billion.
Loblaw, which is buying Shoppers Drug Mart Corp for C $12.4 billion to strengthen its competitiveness, said the cuts would come from management and administrative positions. Loblaw shares, which have risen some 12 percent this year, were up 1.9 percent to C $46.87 in Toronto.