Craig Giammona

Kroger considers selling its convenience stores, giving investors reason for optimism

June 2, 2018 at 5:08 a.m.

Kroger Co., battered for months by intense grocery competition as Amazon.com muscles into the industry, has finally given investors cause for optimism. The supermarket giant kicked off its biggest rally...

People enter a boarded McDonald's Restuarant as preparations are underway for the arrival of Hurricane Irma, September 7, 2017 in Fort Lauderdale, Fla. The chain had its worst day on the stock market in a year Tuesday.

McDonald’s declines on concern that storms will hurt sales

June 2, 2018 at 5:54 p.m.

McDonald's suffered its worst stock decline in more than a year on mounting fears that storms in Florida and Texas will weigh on results this quarter. The concerns escalated Tuesday...

Amazon will need to cut Whole Foods prices more to beat Walmart

June 2, 2018 at 10:27 p.m.

Jeff Bezos will have to trade in his potato peeler for a meat cleaver if he wants to fight a price war with Walmart, his biggest grocery competitor. Despite price...

Oprah Winfrey to sell refrigerated meals through Kraft Heinz

June 6, 2018 at 9:34 a.m.

Oprah Winfrey, who gave a boost to Weight Watchers International Inc. by becoming the face of the company, is now embarking on a plan to sell refrigerated meals with Kraft...

Oprah Winfrey attends a movie premiere in Los Angeles on Oct. 17, 2016. Weight Watchers stock is gaining Dec. 22, 2016, after another weight loss announcement by Winfrey. The former talk show host, who owns a stake in Weight Watchers, said in a new ad that she lost more than 40 pounds on the plan.

Weight Watchers gains on news that Oprah Winfrey lost 40 pounds

June 8, 2018 at 7:18 p.m.

Weight Watchers International's stock got another boost from the falling weight of Oprah Winfrey, the company's backer and most famous customer. The shares climbed as much as 14 percent after...

With Amazon looming, Oreo maker dives deeper into online retail

June 9, 2018 at 12:10 a.m.

Mondelez International Inc., trying to adapt as more shoppers buy food outside of traditional grocery stores, is diving deeper into online retail with a holiday-season website that is selling tins...

Kellogg pulls ads from Breitbart amid concerns about hate speech

June 9, 2018 at 2:55 a.m.

Kellogg is pulling its ads from the website Breitbart News, the right-wing news organization whose former chairman Steve Bannon was tapped as a top adviser to President-elect Donald Trump. Brands...

Taco Bell adds boozy Vegas flagship in bid to energize brand

June 9, 2018 at 7:24 a.m.

Yum Brands, now more reliant on its Taco Bell chain to fuel growth, is opening a booze-serving flagship restaurant on the Las Vegas Strip to help invigorate the Mexican-food brand....

The Jolly Green Giant is back, and he wants the kale crowd to eat frozen food

June 9, 2018 at 11:38 a.m.

That ho ho ho echoing from the valley is the Jolly Green Giant. After years on ice, the nearly 90-year-old pitchman who wears a mini-cut toga made of leaves has...

Exterior photo of the Mondelez International factory and distribution center at 7300 S. Kedzie Avenue in Chicago on Wednesday, May 13, 2015.

With Hershey deal dead, Oreo-maker Mondelez keeps earnings up with cuts

June 9, 2018 at 12:21 p.m.

After an unsuccessful bid to acquire Hershey Co. earlier this year, Mondelez International is back to its previous playbook: using cost cuts to fuel earnings growth. The global snack giant...

All Stories