Lisa's Feed
Sep 18, 2013

Starbucks asks U.S. customers to leave guns at home

Sept 17 (Reuters) – Coffee chain Starbucks Corp has
asked U.S. customers to leave their guns at home after being
dragged into an increasingly fractious debate over U.S. gun
rights in the wake of multiple mass shootings.

While many U.S. restaurant chains and retailers do not allow
firearms on their properties, Starbucks’ policy had been to
default to local gun laws, including “open carry” regulations in
many U.S. states that allow people to bring guns into stores.

Sep 18, 2013

Starbucks changes course, asks U.S. patrons to leave guns at home

By Lisa Baertlein

(Reuters) – Starbucks Corp (SBUX.O: Quote, Profile, Research, Stock Buzz) Chief Executive Howard Schultz requested on Tuesday that the coffee chain’s customers leave their firearms at home, shifting company policy amid an increasingly fractious debate over U.S. gun rights in the wake of multiple mass shootings.

The request is being made in part because more people have been bringing guns into Starbucks over the last six months, prompting confusion and dismay among some patrons and employees, Schultz told Reuters in an interview.

Sep 10, 2013

Europe buoys McDonald’s in August, but worries linger

By Lisa Baertlein

(Reuters) – McDonald’s Corp (MCD.N: Quote, Profile, Research, Stock Buzz) reported a bigger-than-expected 1.9 percent increase in global sales at established restaurants in August, after a revival in France helped drive solid results in Europe, its top market.

Although the results from the world’s biggest fast-food chain soundly beat the average estimate of a 0.3 percent increase from 16 analysts polled by Consensus Metrix, McDonald’s shares rose only slightly in morning trading on Tuesday.

Sep 9, 2013

Traditional U.S. stores fight Amazon for online sales

By Phil Wahba and Lisa Baertlein

(Reuters) – U.S. bricks and mortar retailers are racing to catch up with e-commerce giant Amazon.com in fast-growing online sales.

Retailers ranging from department store Macy’s Inc (M.N: Quote, Profile, Research, Stock Buzz) to discounters like Wal-Mart Stores Inc (WMT.N: Quote, Profile, Research, Stock Buzz) are linking online and in-store inventory systems, speeding shipping and promoting exclusive products to counter Amazon, which dominates U.S. online sales.

Sep 9, 2013

REUTERS SUMMIT: Traditional U.S. stores fight Amazon for online sales

By Phil Wahba and Lisa Baertlein

(Reuters) – U.S. bricks and mortar retailers are racing to catch up with e-commerce giant Amazon.com in fast-growing online sales.

Retailers ranging from department store Macy’s Inc (M.N: Quote, Profile, Research) to discounters like Wal-Mart Stores Inc (WMT.N: Quote, Profile, Research) are linking online and in-store inventory systems, speeding shipping and promoting exclusive products to counter Amazon, which dominates U.S. online sales.

Aug 18, 2013

Insight: Some U.S. feedlots rue loss of ‘Vitamin Z’ Zilmax

By Lisa Baertlein and P.J. Huffstutter

(Reuters) – After nearly a decade of relying on weight-gain feed additives as a lifeline to survival, some of the 75,000 U.S. cattle feedyards that dot rural America in places such as Texas and the Great Plains, suddenly must do without the leading product Zilmax – nicknamed “Vitamin Z.”

Merck & Co’s announcement on Friday that it was suspending the sale of Zilmax in the United States and Canada surprised many cattle owners and feedlot operators, who say Zilmax and other beta-agonists have been a godsend for a struggling U.S. beef industry that saw overall domestic consumption fall more than 8 percent between 2002 and 2011.

Aug 18, 2013

Some U.S. feedlots rue loss of “Vitamin Z” Zilmax

Aug 18 (Reuters) – After nearly a decade of relying on
weight-gain feed additives as a lifeline to survival, some of
the 75,000 U.S. cattle feedyards that dot rural America in
places such as Texas and the Great Plains, suddenly must do
without the leading product Zilmax – nicknamed “Vitamin Z.”

Merck & Co’s announcement on Friday that it was
suspending the sale of Zilmax in the United States and Canada
surprised many cattle owners and feedlot operators, who say
Zilmax and other beta-agonists have been a godsend for a
struggling U.S. beef industry that saw overall domestic
consumption fall more than 8 percent between 2002 and 2011.

Aug 16, 2013

Analysis: U.S. retailers say uneven recovery keeps consumers cautious

By Phil Wahba and Lisa Baertlein

(Reuters) – From Wal-Mart Stores Inc and Gap Inc to Macy’s Inc and McDonald’s Corp, chains that cater to middle- and lower-income Americans say they are feeling the pinch of an uneven economic recovery.

A host of retailers have reported tepid sales lately, highlighting the stress that consumers are feeling because of higher payroll taxes, expensive gasoline and a slow job market four years after the U.S. economy started to rebound.

Aug 15, 2013

Wal-Mart sales disappoint as U.S. shoppers curb spending

By Phil Wahba and Lisa Baertlein

(Reuters) – Wal-Mart Stores Inc (WMT.N: Quote, Profile, Research, Stock Buzz) reported a surprise decline in quarterly same-store sales in the United States, its biggest market, after shoppers came in less often because higher taxes and gasoline prices were leaving them with less spending money.

The world’s largest retailer also cut its revenue and profit forecasts for its fiscal year, raising concerns about retail spending as the all-important holiday season nears. It cited weak results from the United States, as well as Canada, Mexico, Japan and other international markets that it is relying on for long-term growth.

Aug 13, 2013

Yum feeling the heat in China as July sales tumble

LOS ANGELES/SHANGHAI (Reuters) – The heat seems to be getting to KFC parent Yum Brands Inc (YUM.N: Quote, Profile, Research) in China, after the fast-food chain saw China sales slide in July, with some market watchers saying a lack of focus on cooling drinks and ice cream meant diners looked elsewhere as record hot weather gripping the country.

On Monday Yum reported a much steeper-than-expected 13 percent drop in July sales at established restaurants in China as the company strives to bounce back from the double blows of a food safety scare and bird flu outbreak in its top market.

    • About Lisa

      "Lisa writes about restaurants and grocery stores. She is based in Los Angeles and previously has covered computer software, Internet companies, video games, prescription drugs and municipal bonds."
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