Author Image: Emily Bryson York

Emily Bryson York

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2nd quarter brings mixed bag for Kraft Foods Group

Kraft Foods Group trounced second-quarter earnings estimates, thanks to a change to company pensions, but missed sales expectations because of declines in several areas of its business. "We're not firing...
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Packaged foods drive Starbucks to strongest 3Q ever

Starbucks Corp. on Thursday reported third-quarter earnings that beat Wall Street expectations, citing same-store sales improvements in the U.S., and an expanding consumer package goods business. The Seattle-based coffee giant...
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McDonald’s Thompson deflects wage, sales criticism

As unions ratchet up pressure to raise the minimum wage in the nation's largest cities, McDonald's Chief Executive Don Thompson said Wednesday that he's proud of the opportunities the burger...
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Former Hershey CEO named IRI chairman

Former Hershey CEO Rick Lenny has been named chairman of the board at Chicago's Information Resouces Inc., a research and consulting firm for the retail and healthcare industries.Before Hershey, Lenny...
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McDonald’s profit misses expectations in 2Q

McDonald's reported second-quarter earnings that missed analyst expectations Monday, citing economic instability exerting pressure on its customers around the world. The Oak Brook-based burger giant reported earnings of $1.38 per...
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Jewel abandons loyalty card trend it helped pioneer

Bucking a trend that it helped pioneer, Chicago-area supermarket chain Jewel-Osco has ended its long-running loyalty card program. Discontinuing its Preferred Customer Card represents a bold shift toward everyday savings...
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Qdoba to close 18 Chicago-area restaurants

Qdoba plans to close 18 Chicago area restaurants by the end of September as part of a broader restructuring. The fast-casual Mexican chain will close a total of 67 underperforming...
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Energy BBDO snags Bud Light account

Bud Light has selected Chicago's Energy BBDO to lead its advertising. "Effective immediately, BBDO joins our agency roster with responsibility for strategic planning, account service and creative development for the...