Warren Liu’s “KFC in China” not only highlights the exciting growth potential in the world’s third largest economy, but also reveals how the American fast food giant managed to become the largest restaurant chain on the other side of the world.
Food
Written By: Emily Co on March 5, 2010
No Comment
Written By: KatieRogers on August 26, 2009
No Comment
Is the “Whole Foods Boycott” impacting the company’s financials? Not yet. (Image via Creative Commons)
BY KATIE ROGERS – MEDILL NEWS SERVICE
Nearly 29,000 people now subscribe to a Facebook group calling for a boycott of Whole Foods Market Inc. since CEO John Mackey wrote an op-ed against proposed methods [...]
Written By: meganmollmann on August 25, 2009
No Comment
Image via Flickr.com
BY MEGAN MOLLMANN -MEDILL NEWS SERVICE
Burger King Holdings Inc.’s [[BKC]] profits rose 16.4 percent in its fourth quarter and beat the analysts’ consensus expectation, helping send the company’s shares up sharply on Tuesday.
Net income in the quarter ended June 30 rose to $58.9 million, or 43 cents per diluted [...]
Written By: KatieRogers on August 12, 2009
No Comment
Image via Jeremy Brooks/Flickr.com
BY KATIE ROGERS — MEDILL REPORTS
Shares of Downers Grove-based food company Sara Lee Corp. (SLE: 9.72 -1.08 (-10.00%) plunged despite a narrower loss in its fiscal 2009 fourth quarter, as it released lackluster guidance for the 2010 fiscal year.
Sara Lee posted a quarterly loss of $14 [...]
Written By: KatieRogers on July 30, 2009
No Comment
Roadsidepictures/Flickr.com
BY KATIE ROGERS– MEDILL NEWS SERVICE
By attracting weary, worried customers with dirt-cheap food options, there’s no doubt that McDonald’s Corp. became a corporate anomaly amid the severe recession.
But after such a rapid period of growth in the first quarter, some analysts think the fast food giant might not have anywhere [...]
Written By: Jordan Melnick on July 30, 2009
No Comment
Beer Flag by I am Jacques Strappe/Flickr.com
By Jordan Melnick — Medill News Service
President Obama can’t catch a break lately.
As if he didn’t have enough to worry about with one war winding down, another ramping up and a recession doing one or the other depending on the day (or economic report). Now comes [...]
Written By: sidvee on June 3, 2009
One Comment
This week on Money Talks, your chatty hosts Joseph Freeman and Siddhartha Vaidyanathan speak with our seasoned agriculture reporter, Bridget Macdonald. Climate-change legislation has been proposed by the House Energy and Commerce Committee Chairman Henry Waxman, but Illinois agricultural groups are up in arms, saying the bill has the potential to raise input costs rather [...]
Written By: bcm141 on May 28, 2009
No Comment
www.ab-invbev.com
BY BRIDGET MACDONALD - MEDILL NEWS SERVICE
Not only does Belgium boast over 450 varieties of beer – each served in a specific glass designed to showcase its flavor – it is home to the largest brewer in the world.
Budweiser calls itself the king of beer, but parent company [...]
Written By: bcm141 on May 21, 2009
No Comment
(Rex Roof/FLICKR)
BY BRIDGET MACDONALD – MEDILL NEWS SERVICE
Though shoppers have been whittling down their grocery lists over the past several months, Gimme Credit LLC analyst B. Craig Hutson pointed out that in a recession, “convenient meals” make the cut. The cheesier, the better.
As the largest branded food-maker, Hutson [...]
Written By: Deb Weinstein on May 20, 2009
No Comment
BY DEB WEINSTEIN-MEDILL NEWS SERVICE
Target Corp. [[TGT]] announced its first quarter results: Profits fell 13 percent to $522 million for the quarter ended May 2, compared with $602 million for the same period last year.
Looking at Bloomberg.com, Target’s results are the best of a bad [...]
