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…
With corporate earnings season in full swing — watch for McDonalds, along with Catepillar, Amazon and other — and with the Fed meeting on interest rates, the GDP estimate and housing numbers coming out — the week ahead is ex…
Walmart (WMT) is making a major effort to improve the quality of the food it sells. The world’s largest retailer announced a five-year plan “to make thousands of its packaged foods lower in unhealthy salts, fats and sugars, and to drop prices on fruits…
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…
Global food prices rose to a record high last month, overtaking even the levels seen during the 2007-2008 food crisis.
The UN Food and Agricultural Organization said its food price index rose to 214.7 points last month, an increase of almost 4.2% fro…