Mondelez aims to cut costs, update supply chain
Mondelez International is doing what it can to cut costs and improve its production as the maker of Oreo cookies sees limited opportunities for strong near-term sales growth, executives said...
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Kraft brings back James Kehoe, this time as CFO
Kraft Foods said Tuesday that James Kehoe is returning to the company as CFO, less than a week after the food-maker said CFO Teri List-Stoll would leave the company. Kehoe...
Shareholder’s group demands McDonald’s refresh board of directors
A group that advises a small portion of McDonald's shareholders says the company's board needs a makeover as much as the menu. CtW Investment Group, which works with a number...
Kraft Foods announces management shake-up
Kraft Foods Group said Thursday some of its top leaders under its former CEO are leaving, paving the way for the food-maker to start fresh under Chairman and CEO John...
Swiss firm strikes deal to produce chocolate in Chicago
International chocolate-maker Barry Callebaut is dipping its toes deeper into Chicago in a deal announced Thursday for it to make liquid chocolate on the city's Southwest Side. Zurich, Switzerland-based Barry...
Whole Foods confirms it will move Lakeview store across Ashland Avenue
That big hole at the intersection of Lincoln, Ashland and Belmont avenues in Lakeview will be the site of a big Whole Foods. The natural and organic supermarket confirmed Wednesday...
Mondelez still eyeing higher costs after mixed fourth-quarter results
Mondelez International's fourth-quarter results were a mixed bag. Adjusted earnings came in stronger than analysts had anticipated while sales fell more than expected. The Deerfield-based maker of Oreo cookies and...
MillerCoors CEO Tom Long retiring June 30
MillerCoors CEO Tom Long plans to retire June 30, a move that was announced as the brewer spends more on marketing to entice drinkers with a mix of beers from...
Culver’s President Phil Keiser to take on CEO role
Culver's co-founder Craig Culver plans to hand over the CEO role to President and Chief Operating Officer Phil Keiser on June 15, the Wisconsin-based burger and frozen custard chain said...
McDonald’s same-store sales drop in January
McDonald's sales at long-standing restaurants fell in January as problems in Asia overshadowed better-than-expected results in the United States and Europe. The world's largest restaurant company is trying to move...