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Sep 8, 2014

Record California walnut crop seen, analyst “alarmed” at water use

Sept 8 (Reuters) – California is forecast to produce a
record walnut crop this year despite the state’s severe drought,
and one analyst says some alarming water use practices have
contributed to the robust yields.

Almost all of the walnuts grown in the United States come
from California, where the 2014 crop is expected to be 545,000
tons, 11 percent bigger than last year’s, according to the U.S.
Department of Agriculture’s National Agricultural Statistics
Service. It also appears to be high quality.

Sep 5, 2014

Starbucks plans new store designs – upscale in Seattle, speedy in New York

By Lisa Baertlein

(Reuters) – Starbucks Corp (SBUX.O: Quote, Profile, Research, Stock Buzz) on Friday announced two new types of stores aimed at capturing the growing demand for upscale reserve coffee and a separate test of an “express” store in Manhattan offering speedy service in a city where a “New York minute” is more like a nanosecond.

The moves from the world’s biggest coffee chain come as it faces growing competition from high-end craft coffee sellers such as Stumptown Coffee Roasters, Blue Bottle Coffee and Intelligentsia, as well as from fast-food chains ranging from McDonald’s (MCD.N: Quote, Profile, Research, Stock Buzz) to Dunkin Donuts (DNKN.O: Quote, Profile, Research, Stock Buzz) to newcomer Chick-fil-A.

Sep 4, 2014

U.S. fast-food workers arrested in protests for wage hike

NEW YORK/LOS ANGELES, Sept 4 (Reuters) – U.S. fast-food
workers staged protests in some 150 cities on Thursday in a
fight for higher pay, and organizers said dozens were arrested
from Manhattan’s Times Square to Las Vegas.

About 400 protesters clogged Times Square during morning rush
hour in the latest of ongoing actions aimed at raising their
wage to $15 an hour.

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.

    • 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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