Mondelez says proxy adviser backs directors
Mondelez said Thursday morning that a top proxy adviser reversed its decision and is recommending that the company's shareholders vote for its lead director and four other board members. Because...
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Potbelly’s first-quarter sales top expectations
Potbelly's first-quarter sales topped expectations Tuesday, aided by new restaurants and stronger sales growth at older shops, as well as last year's price increases. The first quarter marked Potbelly's strongest...
McDonald’s turnaround plan ‘more of just catching up’
McDonald's is reorganizing its business, selling restaurants to franchisees and giving billions back to shareholders as part of a much-anticipated turnaround plan unveiled by the company's new CEO. Many industry...
Hannah’s Bretzel to add three locations after surviving gluten-free trend
Who's Hannah? And what's a bretzel? If you can't answer these questions, you likely haven't been to Hannah's Bretzel, a self-described "uber" sandwich, salad and soup shop with a pronounced...
Mondelez 1Q profit doubled despite revenue being down 10 percent
Mondelez's profit nearly doubled in the first quarter, even though currency fluctuations took a bite out of its international business and sales in developed markets were weak. Here's a look...
Kraft first-quarter profit falls more than 16 percent
Kraft Foods Group's first-quarter profit fell more than 16 percent on flat sales as it waits to be acquired by H.J. Heinz. Heinz announced its plan to buy Kraft on...
Instacart expanding delivery into western suburbs
Instacart, which gets people to do your grocery shopping for you, is heading further into Chicago's western suburbs and stretching into pet products in a deal with Petco as it...
McDonald’s customer uses kiosk to create a massive Mac
McDonald's might want to prepare its Create Your Taste kiosks and its registers for a workout. The kiosks, installed at a small number of McDonald's restaurants around the United States,...
McDonald’s slide continues as it finalizes plans for turnaround
McDonald's had a rough start to 2015, with sales declines around the world and a 33 percent drop in profit. In response, CEO Steve Easterbrook, installed in March, said the...
Kraft macaroni and cheese going without preservatives, synthetic colors
Kraft Foods Group is removing artificial preservatives and synthetic colors from its iconic macaroni and cheese, its latest step to appeal to diners seeking simpler fare. The change, which Kraft...