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2023-5-05Kraft Heinz To Sell Part Of Cheese Business To Lactalis In $3.2 Billion Deal
Kraft Heinz on Tuesday said it is selling part of its cheese business to Lactalis in a $3.2 billion deal. Breakstone’s, Polly-O, Athenos, Hoffman’s, Knudsen and Cracker Barrel are included in the deal -
2023-5-04Whole Foods CEO: We’re In A ‘virtuous Circle’ Of Cutting Costs And Lowering G...
Whole Foods CEO John Mackey told CNBC on Tuesday that the Amazon-owned grocery chain remains committed to reducing its food prices, building off a series of previous cuts. “We’re going to continue to -
2023-5-04McDonald’s Travis Scott Promotion Is So Popular, It’s Causing Quarter Pounder...
Just eight days after McDonald’s kicked off its collaboration with rapper Travis Scott, the fast-food giant is reporting some ingredient shortages tied to the promotion. The meal comes with a Quarter -
2023-5-03PepsiCo To Launch Drink To Aid Sleep As Consumers Struggle With Stress
Doctors and dentists are reporting more cases of cracked teeth and insomnia as the coronavirus pandemic takes a toll on the nation’s stress levels. PepsiCo’s latest drink Driftwell is pitching itself -
2023-5-03Discount Retailer Century 21 Files For Chapter 11 Bankruptcy And Is Closing A...
The discount department store chain Century 21 has filed for Chapter 11 bankruptcy protection and is closing all of its remaining 13 stores, it announced Thursday, joining the dozens of other retailer -
2023-5-0252 Black Former Franchisees Sue McDonald’s, Alleging Discrimination
A group of 52 Black former McDonald’s franchisees filed a federal lawsuit early Tuesday morning, alleging that they were “denied equal opportunity to success” by the restaurant giant’s “systemic and c -
2023-5-02Lululemon Quarterly Sales Top Expectations, CEO ‘cautiously Optimistic’ For R...
Lululemon on Tuesday reported surprise revenue growth, despite lockdowns during the height of the coronavirus pandemic, as stores started reopening in the fiscal second quarter and consumers stocked u -
2023-5-0252 Black Former Franchisees Sue McDonald’s, Alleging Discrimination
A group of 52 Black former McDonald’s franchisees filed a federal lawsuit early Tuesday morning, alleging that they were “denied equal opportunity to success” by the restaurant giant’s “systemic and c -
2023-5-01Beyond Work From Home: Why ‘digital Nomads’ Think They’re The Future Of Remot...
With much of the professional world shifting to remote work and widespread acceptance of the concept among previously skeptical corporate management, the traditional idea of work-life balance is being -
2023-5-0152 Former Franchisees Sue McDonald’s For Racial Discrimination
More than 50 former McDonald’s franchisees are suing the fast-food giant for racial discrimination, alleging it denied them the same opportunities as White operators and pushed them out of the system. -
2023-4-24CEO Of Calvin Klein Owner: Retail Sales Hinge More On Containing Coronavirus ...
Containing the coronavirus outbreak in the U.S. is more critical for business than dishing out more stimulus aid for corporations, according to the head of Calvin Klein’s holding company. “Where there