NEW YORK— In a story April 17 about restaurant sales, The Associated Press reported erroneously that the average sales in a Starbucks location in 2013 was $13.1 million. NEW YORK— Chipotle restaurants are ringing up more sales than ever before.» Read More
Small might be beautiful, but it can also be dangerous – at least in the beer business – according to investment bank Nomura.
Kasper Rorsted, CEO of German consumer goods firm Henkel, discusses why he's not worried about the recent sell off in emerging markets.
Campbell Soup says it will start offering K-cup soup packs that can be made with Green Mountain's single-serve coffee machines.
L'Oreal's rumored buyback of Nestle's 29.5 percent stake in the French cosmetics giant looked far from a done deal on Friday, with Jean-Paul Agon, chairman and CEO of L'Oreal, telling CNBC that the ball was in the Swiss food giant's court.
A recent marathon taste test by the experts at Consumer Reports found that store-brand foods are serious contenders on the taste front.
At least nine City Council members back legislation to require most retailers to charge customers 10 cents for each bag.
It is a question that has plagued many great thinkers for a number of years: does the rise of "healthy" frozen yogurts signal the death knell for the indulgent ice cream?
The global coffee market has been rather decaffeinated for the past couple of years, with prices falling to less than half their 2011 peak and the bean becoming the worst-performing soft commodity last year.
Tesco has unveiled a brand new concept store in the UK in Watford. Tesco Extra is the latest experiment in transforming the supermarket into a retail destination.
Tesco will slash its China exposure by taking just 20 percent of a venture with a state-run company, a deal that underlines the travails foreign retailers have had in the Chinese market.
The introduction of Five Guys and Shake Shack in London last month is part of a growing trend of American culture seeping into British food and drink.
Consumer packaged-goods makers have gotten creative with how they pass on rising costs and maintain bottom lines. Prices stay the same, but it contains less product.
Tom Gearing, former Apprentice runner-up and co-director of Cult Wines, tells CNBC that threats by China to impose tariffs on European wine exports has not affected the industry.
In a survey of U.S. and Canadian grocery shoppers, Trader Joe's, Publix Supermarkets and Whole Foods earned some of the highest marks.
With the S&P 500 reaching new records and flirting with 1,700, data show it to be a broad-based move, with all 10 S&P sectors close to 52-week highs.
JC Penney changed its pricing model from everyday low pricing to sales. But employees say the company artificially inflated prices, then put those same items on sale.
Mark Howden, managing director at Nomura, explains why his "long term love affair" with consumer staples remains intact and why he is bearish on Nestle in the short term.
Garry Evans, global head of equity strategy at HSBC, talks about emerging market equities and says that he is underweight on emerging markets because they are the "exact opposite" of the U.S.
Makers of electronic cigarettes are enjoying a booming market as they keep an eye on the Food and Drug Administration, which is expected to release proposed regulations this fall.
Twinkies are back, but they may be a bit smaller than you remember. The new boxes contain spongy yellow cakes that are smaller than right before Hostess out of business.