McDonald’s arches still golden?
Has McDonald's had too much of a good thing? Covering McDonald's and the rest of the fast food industry has been interesting over the last month because it's served as...
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McDonald’s November restaurant sales beat expectations
McDonald's took Wall Street by surprise Monday morning, with a November same store sales report that beat expectations and showed particular strength in the U.S. business. The news follows a...
McDonald’s, stung by October sales decline, gets upgrade
McDonald's Corp., which has come under fire since its report in October that U.S. same-store sales declined 2.2 percent, was upgraded Friday by Janney analyst Mark Kalinowski. The upgrade, from...
Supervalu stock surges on reports of talks with Cerberus
Supervalu stock closed up nearly 14 percent, to $2.90, after reports that the Eden Prairie, Minn.-based grocery chain is on the verge of selling its Albertsons and Save A Lot...
Jewel parent says sale talks proceeding
Supervalu, the Minneapolis-based parent of Jewel-Osco said sale talks are proceeding after stock closed down more than 18 percent Thursday, to $2.28. The beleaguered grocery chain was likely moving to...
Cosi threatened with delisting from Nasdaq
Cosi has been notified that it is subject to Nasdaq delisting, the company said Friday. The Deerfield-based sandwich chain has struggled to keep its stock price above $1. The company...
Gatorade ingredient under scrutiny
Chicago-based Gatorade is facing consumer questions about its use of a little-known ingredient: brominated vegetable oil. A petition at Change.org is asking Gatorade to reformulate its products to remove the...
Name-brand ConAgra to bulk up on house brands by buying Ralcorp Holdings
In acquiring Ralcorp Holdings, ConAgra Foods, a big, brand-name company, is betting big on house brands. The Omaha-based maker of Chef Boyardee, Hunt's and Peter Pan said Tuesday that it...
Analyst: ConAgra could see Oak Brook-based TreeHouse Foods as takeover target
ConAgra's $6.8 billion deal to acquire Ralcorp Holdings hasn't just created the largest private label food manufacturer. It may have also made another local company a takeover target. Janney analyst...
Retail workers march for higher wages amid Black Friday shoppers
Dozens of downtown retail workers donned parkas, ski hats and gloves to march through the Black Friday throng in an attempt to secure union contracts and at least $15 per...