Sweet could get expensive. Raw sugar prices may rise to the highest in more than 30 years by March if dry weather hits the Brazilian sugar crop, broker Newedge USA told Bloomberg News.
Continue reading Sugar Pr…
Dieters looking for a little extra willpower to avoid putting junk food in their grocery carts might want to leave their credit cards at home. New research shows that buying groceries with plastic instead of good old-fashioned …
Coca-Cola Company (KO) may increase its spending in China, according to CEO Muhtar Kent.
Coke, the world’s largest beverage company, will likely spend “a little more” than the $2 billion it had planned for China from 2009 to 2011, Kent told Bloomberg News.
“We’re ahead of our projections in investments,” Kent said.
China’s soft-drink market grew 11% in 2009, according to Euromonitor…
Continue reading Coca-Cola May Boost Investment in China
Coca-Cola May Boost Investment in China originally appeared on DailyFinance on Mon, 01 Nov 2010 06:29:00.
Filed Under: Company News, Coca-Cola Company, Retail
Jack in the Box Inc. (JACK) will close 40 under-performing restaurants, mainly in Texas and the south-east.
The fast food company will close the restaurants by the end of the fiscal year on Oct. 3, Jack in the Box said in a statement. Jack in the Box has a total of more than 2,200 restaurants.
“These restaurant closures are expected to have a positive impact on our future earnings,…
Continue reading Jack in the Box Closing 40 Restaurants
Jack in the Box Closing 40 Restaurants originally appeared on DailyFinance on Thu, 30 Sep 2010 07:39:00.
Filed Under: Company News, Economy, Retail
Campbell Soup Company (CPB) CEO Douglas Conant will step down on July 31, 2011 after more than a decade in the post.
Denise Morrison, currently the president of the company’s North American soup, sauces and beverage unit, is expected to succeed Conant, Reuters reported. Morrison has been appointed chief operating officer, effective October 1.
Morrison, 56, was not a surprise…
Continue reading Campbell Soup CEO Conant to Step Down
Campbell Soup CEO Conant to Step Down originally appeared on DailyFinance on Wed, 29 Sep 2010 06:37:00.
Filed Under: Company News, People, Campbell Soup Company, Retail