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Written By: Jeniece Pettitt on February 18, 2010 No Comment
Wholesale prices increase 1.4 percent in January

 

The Producer Price Index, or wholesale prices, rose at a seasonally adjusted rate of 1.4 percent in January, mainly due to a rise in energy costs, pharmaceutical costs and light trucks, the U.S. Bureau of Labor Statistics reported today.

Written By: KatieRogers on August 26, 2009 No Comment
The Whole Foods Fight


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: KatieRogers on August 12, 2009 No Comment
Sara Lee narrows loss, but the food company’s shares fail to rise

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 [...]

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Written By: KatieRogers on July 30, 2009 No Comment
McDonald’s: Wall Street questions future growth

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: Tian Huang on February 6, 2009 No Comment
Fewer sales for health food store as economy slumps

Kramer’s Health Food Center has been experiencing lower sales as customers stick to the basics. (Tian Huang/Medill)

BY TIAN HUANG - MEDILL NEWS SERVICE

Whole Foods. Trader Joe’s. These two national chains have made organic food the “in” thing to do, but as the economy continues [...]

Written By: bmiraski on August 18, 2008 No Comment
Hershey Chocolate gets pricey

BY BENJAMIN MIRASKI, MEDILL NEWS SERVICE

The Hershey Company [[HSY]] announced today that it will raise prices on its instant consumable, multi-pack and packaged candy lines by 11 percent.

This is nothing new in the food industry. Companies have been raising prices to keep pace with commodity price inflation [...]

Written By: cgo231 on August 7, 2008 No Comment
Nobody loses $695M like Sara Lee

BY CONOR O’TOOLE, MEDILL NEWS SERVICE

Sara Lee Corp., a Downers Grove, Ill.-based food company, suffered a loss for the fourth quarter Thursday due to goodwill write-downs at [...]

Written By: Administrator on June 19, 2008 No Comment

Emerald ash borer to cost Chicago-area homeowners, arborists say
by Maisie Ramsay
June 5, 2008

The emerald ash borer has killed 25 million ash trees in Michigan since it was discovered there in 2002 and arborists in the Chicago area are bracing for similar losses as the invasive insect spreads. 

Midwest law firms ride the [...]

Written By: Administrator on May 17, 2008 No Comment

As inflation motors on, can your portfolio keep pace?
by Patrick Temple-West
May 13, 200

Chicago-area investors are looking to shift their portfolios into higher gear—with greater risk—to keep pace with rising inflation.

The Standard & Poor’s 500 and Dow Jones Industrial Average are in the red [...]

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