Sept 12 (Reuters) -
O pponents of genetically engineered foods on Wednesday blocked
shipments and deliveries at Monsanto Co’s vegetable seed
company in California that developed a new genetically modified
sweet corn that will hit stores this fall.
The protesters, who want to remove all so-called genetically
modified organisms (GMOs) from the food supply, say their action
is a preview of about five dozen other events planned for
countries around the world next week.
Sept 12 (Reuters) – A Big Mac and large fries? They’ll cost
you 1,050 calories, and beginning next week, McDonald’s will
tell its customers that in bright lights on its fast-food menus.
The world’s No. 1 hamburger chain said on Wednesday it is
going to start listing calorie information on menus in some
14,000 U.S. restaurants and drive-throughs – ahead of a national
rule that will require larger restaurant chains to make such
(Reuters) – McDonald’s Corp will begin telling diners next week how many calories are in its Big Macs (550) and french fries (500 for a large size).
The world’s No. 1 hamburger chain said on Wednesday it is going to start listing calorie information on menus in some 14,000 U.S. restaurants and drive-thrus – ahead of a national rule that will require larger restaurant chains to make the disclosures.
LOS ANGELES (Reuters) – Gourmet hamburger chains are spiking milkshakes with everything from beer to red wine in a bid to steal customers from “dry” rivals like McDonald’s Corp.
Red Robin Gourmet Burgers Inc on Tuesday will debut a Samuel Adams Octoberfest milkshake, made with vanilla ice cream, beer and caramel, at its roughly 460 restaurants around the country.
(Reuters) – Kroger Co (KR.N: Quote, Profile, Research, Stock Buzz), the biggest U.S. supermarket operator, reported quarterly profit that beat expectations and slightly raised its full-year earnings forecast, but a weak U.S. jobs report sparked concern that sales could soften.
Shares in Kroger, which owns grocery chains such as Ralphs, Fred Meyer, Smith’s and Food 4 Less, fell 2.6 percent to $22.49 in afternoon trading on the New York Stock Exchange.
July 26 (Reuters) – Starbucks Corp cut its outlook
for the current quarter and posted profit that missed Wall
Street expectations, citing the economic weakness around the
world, sending shares down more than 9 percent.
The world’s biggest coffee chain began seeing traffic in the
United States, its largest market, slow in June, Chief Executive
Howard Schultz said in an interview. The company has been
struggling in Europe for some time.
July 23 (Reuters) – McDonald’s Corp reported
lower-than-expected quarterly profit on Monday, hurt by a
slowing global economy and the impact of a stronger dollar, and
said sales growth at established restaurants would slow this
Shares fell 3 percent to $88.81 after the world’s largest
fast-food chain operator said higher costs and the drag from the
U.S. dollar conspired with softening consumer demand to hurt
(Reuters) – Evidence that Chipotle Mexican Grill Inc’s (CMG.N: Quote, Profile, Research, Stock Buzz) sales growth cooled in the latest quarter raised concern about other areas where consumers could trim discretionary spending, sending down shares of several other retailers and restaurateurs.
Chipotle’s stock shed nearly 25 percent of its value on Friday, a day after the upscale burrito chain’s closely-watched sales at established restaurants missed analysts’ expectations for the second quarter.
(Reuters) – Supermarket operator Safeway Inc (SWY.N: Quote, Profile, Research, Stock Buzz) posted a lower quarterly profit on Thursday as it increased spending on advertising and introduced a new loyalty program to entice shoppers, and its shares fell 7.2 percent.
The results are the latest sign of how competitors are coming under pressure from Kroger Co (KR.N: Quote, Profile, Research, Stock Buzz), the largest supermarket company, and Wal-Mart Stores Inc (WMT.N: Quote, Profile, Research, Stock Buzz), the world’s largest retailer. Both have vowed to keep everyday prices low
July 12 (Reuters) – Olive Garden owner Darden Restaurants
Inc on Thursday said it agreed to buy bar and grill
restaurant operator Yard House USA Inc for $585 million in cash,
a deal that will give it access to younger and more affluent
Darden, which also owns the Red Lobster and LongHorn
Steakhouse chains, said it would scale back its share buybacks
as a result of the planned Yard House acquisition. Stock in the
company slipped 1.4 percent on the news.