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Sep 3, 2014

Perdue Foods says its chicken hatcheries now antibiotic-free

Sept 3 (Reuters) – Perdue Foods said on Wednesday it has
stopped using antibiotics at its chicken hatcheries, completing
a five-year effort supported by consumer and health groups
seeking to curb the unnecessary use of antibiotics in meat
production.

The move comes amid growing concern among public health
experts worldwide about the link between excessive antibiotic
use in animal agriculture and human infections from
antibiotic-resistant bacteria, or so-called superbugs that do
not respond to conventional medical treatment.

Sep 2, 2014

Darden board nominees cede more ground to activist investor Starboard

Sept 2 (Reuters) – Olive Garden owner Darden Restaurants Inc
, in a concession to one of its largest shareholders,
Starboard Value LP, on Tuesday announced a revised slate of
director nominees that includes four new candidates, four
incumbents and four open spots for Starboard picks.

Analysts were divided on whether the move would satisfy
Starboard, an activist investor which for months has lobbied for
major change at the underperforming company, and prevent it from
seizing control of the entire 12-member board.

Sep 2, 2014

Darden’s board nominees cede more ground to activist Starboard

Sept 2 (Reuters) – Olive Garden owner Darden Restaurants Inc
, in a concession to activist investor Starboard Value
LP, on Tuesday announced a revised slate of director nominees
that includes four new candidates, four incumbents and four open
spots for Starboard picks.

Analysts were divided on whether the move would satisfy
Starboard, one of Darden’s largest investors which for months
has lobbied for major change at the underperforming company,
and prevent it from seizing control of the entire 12-member
board.

Aug 24, 2014

Dollar stores in battle to double down on the poor

By Jilian Mincer and Lisa Baertlein

(Reuters) – Like millions of Americans, Darnel Ware needs to save money, even if it’s 40 cents on a bag of flour.

He searches for those savings during his daily visits to the Family Dollar Store near his home in Fraser, Michigan,┬ásometimes stopping by as many as 10 times a week “if there are things I need,” said the 51-year-old home care provider. “I buy a lot of everything; merchandise and food products.”

Aug 24, 2014

Analysis – Dollar stores in battle to double down on the poor

By Jilian Mincer and Lisa Baertlein

(Reuters) – Like millions of Americans, Darnel Ware needs to save money, even if it’s 40 cents on a bag of flour.

He searches for those savings during his daily visits to the Family Dollar Store near his home in Fraser, Michigan,┬ásometimes stopping by as many as 10 times a week “if there are things I need,” said the 51-year-old home care provider. “I buy a lot of everything; merchandise and food products.”

Aug 22, 2014

McDonald’s replaces U.S. chief for the second time in 2 years

Aug 22 (Reuters) – McDonald’s Corp is replacing its
U.S. president for the second time in two years, a move that
suggests increased pressure on Chief Executive Don Thompson to
improve sales in the fast food chain’s home market.

The company on Friday named former McDonald’s executive Mike
Andres as president of McDonald’s USA, replacing Jeff Stratton,
who had been in the job since December 2012. McDonald’s said
Stratton, 58, is retiring.

Aug 22, 2014

McDonald’s Names new U.S. unit president, second in two years

By Lisa Baertlein

(Reuters) – McDonald’s Corp MCD.N is changing the leadership at its struggling U.S. division for the second time in two years in a move that may signal increased pressure on Chief Executive Officer Don Thompson.

McDonald’s, the world’s biggest fast-food chain by revenue, on Friday named former McDonald’s executive Mike Andres as president of McDonald’s USA, replacing Jeff Stratton, who had been in the job since December 2012.

Aug 21, 2014

Colorado voters to weigh in on GMO food labeling

Aug 21 (Reuters) – Colorado voters in November will have
their say on a proposition that would require labels on foods
that contain genetically modified ingredients, or GMOS.

Proponents of GMO labeling initiatives, who say they have
the right to know what is in their food, have been gaining steam
in the United States. Their wins have come despite well-funded
opposition from GMO crop backers ranging from PepsiCo Inc
to Monsanto Co who say GMOs are safe, labels
will confuse consumers and switching to non-GMO ingredients
would significantly increase the cost of food.

Aug 20, 2014

Kroger in cross hairs as U.S. gun fight spills into its aisles

By Lisa Baertlein

(Reuters) – Kroger Co, the largest U.S. supermarket operator, is the latest high-profile company caught in the battle over gun rights and gun control in the United States.

Moms Demand Action for Gun Sense in America (MDA), backed by former New York City Mayor Michael Bloomberg, is petitioning Kroger to prohibit guns in its more than 2,600 U.S. stores, which include Food 4 Less, Harris Teeter and Smith’s.

Aug 12, 2014

Darden board vulnerable as activists circle -analysts

Aug 12 (Reuters) – Darden Restaurants Inc’s board
looks vulnerable to a key activist shareholder’s push for a
shakeup that could pave the way for broader changes at the
underperforming owner of Olive Garden and LongHorn Steakhouse.

Although the company recently conceded three board seats to
Starboard Value LP, a few more of the remaining nine members
could be voted out at Darden’s Sept. 30 annual meeting if a
settlement is not reached before that time, a half dozen
analysts said.

    • 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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