By Lisa Baertlein and P.J. Huffstutter
(Reuters) – McDonald’s Corp’s U.S. restaurants will gradually stop buying chicken raised with antibiotics vital to fighting human infections, the most aggressive step by a major food company to force chicken producers to change practices in the fight against dangerous “superbugs”.
The world’s biggest restaurant chain will announce on Wednesday that within two years McDonald’s USA will only buy chicken raised without antibiotics that are important to human medicine. McDonald’s policy will begin at the hatchery, where chickens sometimes are injected with antibiotics while still in the shell.
LOS ANGELES, Mar 2 (Reuters) – Water sommelier Martin Riese
has seen the eye-roll and heard it before: “Water tastings? Only
Los Angeles, birthplace of many food trends, may prove the
perfect setting for the next phase in Riese’s campaign to make
people think about water in the same way they think about wine.
By Lisa Baertlein and Anjali Athavaley
(Reuters) – Dunkin’ Brands Group Inc (DNKN.O: Quote, Profile, Research, Stock Buzz) said on Thursday that its Dunkin’ K-Cups will be available online and across retail stores in North America, a move that expands the doughnut chain’s brand in the single-serve coffee market amid growing competition.
Dunkin’ K-Cups are available at present only in Dunkin’ Donuts restaurants in the United States. Later this year, through an agreement with J M Smucker Co (SJM.N: Quote, Profile, Research, Stock Buzz) and Keurig Green Mountain Inc (GMCR.O: Quote, Profile, Research, Stock Buzz), consumers will be able to buy the product in grocery stores, drugstores and private warehouse stores, as well as on the Dunkin’, Smucker and Keurig websites.
(Reuters) – Domino’s Pizza Inc (DPZ.N: Quote, Profile, Research, Stock Buzz) on Tuesday reported quarterly profit that fell short of Wall Street’s estimate, as higher costs took some of the shine off better-than-expected sales at established restaurants.
Shares in the second-largest U.S. pizza chain by store count slipped 0.7 percent to $103.73 as some analysts worried that labor and other costs could take a bite out of profits in 2015.
(Reuters) – McDonald’s Corp and its franchisees may have few options but to begin raising hourly wages as an improving U.S. economy creates competition for good workers and as mega-employer Wal-Mart Stores Inc sets a higher bar on pay, according to labor experts.
The pressure comes at a particularly difficult time for the world’s biggest fast-food chain. McDonald’s and its roughly 3,000 U.S. franchisees are fighting to break a long streak of lackluster sales that has made it virtually impossible to boost prices on its famous hamburgers and french fries to cover higher labor costs.
(Reuters) – Union pension fund adviser CtW Investment Group on Friday demanded in a letter to key McDonald’s Corp directors that the struggling fast-food chain follow up its recent chief executive officer replacement with a turnover of its board.
The demand from CtW comes two weeks after McDonald’s announced that Chief Brand Officer Steve Easterbrook would replace Don Thompson in the top job on March 1 and as unions have been seeking to organize fast-food workers and raise wages. The union pension funds that CtW advises hold a small percentage of McDonald’s outstanding shares that are worth $268 million.
Feb 11 (Reuters) – Whole Foods Market Inc on
Wednesday said same-store sales have accelerated, helped by
stronger consumer confidence and shoppers’ positive response to
the upscale grocer’s price cutting and its first national
Shares in the largest U.S. organic and natural food
supermarket were up 2.1 percent in extended trading after the
news helped ease fears that Whole Foods was losing market share
amid increased competition from specialty retailers Sprouts
Farmers Market Inc and Fresh Market Inc, as well
as mainstream retailers such as Kroger Co and Wal-Mart
Feb 9 (Reuters) – McDonald’s Corp on Monday reported
a steeper-than-expected drop in January sales at established
restaurants and pinned a big portion of the blame on the
after-effects of food safety scandals in China and Japan.
The world’s biggest fast-food chain said worldwide sales at
restaurants open at least 13 months fell 1.8 percent in January.
Analysts polled by Consensus Metrix were expecting a 1.2 percent
Feb 5 (Reuters) – Dunkin’ Brands Group Inc reported
better-than-expected quarterly sales, helped by U.S. demand for
sandwiches and its newly launched dark roast coffee, though its
CEO expressed caution about whether lower gas prices will help
Gasoline prices have plunged 43 percent since June,
according to U.S. government data, leaving Americans with more
money for discretionary spending at Dunkin’, whose coffee and
doughnut shops mainly compete with fast-food rival McDonald’s
LOS ANGELES, Feb 4 (Reuters) – California’s attorney general
on Wednesday filed notice that her office will appeal a federal
judge’s decision that overturned the state’s two-year ban on
sales of foie gras, a delicacy made from fatty duck and geese
California outlawed foie gras sales and production in 2004,
but the ban did not take effect until 2012. Proponents of the
ban say forced feeding of ducks and geese to enlarge their
livers amounts to animal cruelty.