Heinz Co. (HNZ) reported earnings per share from continuing operations of 78 cents for the quarter ended Oct. 27, compared with 76 cents per share a year earlier.
Sales for the second quarter of fiscal 2011 fell 1.2% to $2.61 billion, the company sai…
McDonald’s Corp. (MCD) raised the prices of some of the items on its menu in Chinese stores because of higher costs.
The increase “is because of higher raw material prices and we’ve adjusted our prices accordingly,” Sophia Luan, spokeswoman for McDon…
Wendy’s/Arby’s Group (WEN) reported a net loss of $900,000 for the third quarter, compared with a profit of $14.7 million for the third quarter of 2009.
Revenues at the fast-food company dropped to $861.2 million for the quarter, compared with $903.2…
San Francisco could become the first U.S. city to ban toys from Happy Meals after its Board of Supervisors approved the rule in an 8-3 vote Tuesday. If Mayor Gavin Newsom is unable to overturn the ban, it will take effect late …
Starbucks (SBUX) plans to reduce the number of stores it renovates in 2011 as it focuses on flagship outlets, Bloomberg News reported.
The company will leave its renovation budget unchanged at $250 million, but renovate only about half the 1,900 stores due to be upgraded next year, development chief Arthur Rubinfeld told Bloomberg News.
The strategy will focus on stores in…
Continue reading Starbucks to Renovate Fewer Stores in 2011
Starbucks to Renovate Fewer Stores in 2011 originally appeared on DailyFinance on Thu, 04 Nov 2010 07:15:00.
Filed Under: Company News, Starbucks, McDonald’s, Retail