McDonald’s to Boost Prices on Some Menu Items

McDonald’s will increase prices on some items in the U.S. this year in response to rising commodity prices that are boosting food costs, Chicago Breaking Business reported, citing remarks the company made on its earnings confer…

Can Cupcake-Maker Crumbs Hit the Sweet Spot on Growth?

Jason Bauer, CEO of the popular Crumbs Bake Shop, isn’t worried about competition. In fact, he welcomes it. But with his company going public and with plans to expand from 34 stores to 200, he’ll have to avoid the pitfalls of o…

Starbucks Plans Major Expansion in China

Starbucks said Wednesday that it plans to grow its worldwide sales by expanding its 220 stores in mainland China to “at least” 1,500 by 2015. The world’s largest coffee chain also is planning to add stores in Brazil, Russia and…