Step out of the frigid drizzle into Unilever’s factory outside Liverpool in northern England, and the brightly lit, automated assembly line gleams in stark contrast to the gloom outside.
Source: Fortune USA
After a dismal holiday season, the $155 billion department-store industry is in unprecedented danger. To save themselves, the retail giants need to finally break their bad habits. And Fast.
Source: Fortune USA
Many investors have lost their taste for Starbucks over the past year, even though the company is growing faster than most competitors. Is a long-term drip,drip,drip inevitable for the café giant?
Source: Fortune USA
Five years after Blockbuster failed, Keith Hoogland still has 750 Family Video Outlets. His scrappy model has made him a $400 million fortune.
Source: Forbes Asia
Belinda Wong aims to double Starbucks’ stores in China in four years but still finds time for her four dogs and a balanced lifestyle.
Source: Forbes Asia
Whole Foods Market, Inc. will close nine of its 469 stores this quarter as the company sets a new strategic direction in the face of increasing competition.
Source: Food Business News
Pizza Hut remains the weak spot of Yum!Brands’ portfolio, particularly in the United States, where same-store sales fell 4% in the recent quarter while sales at sister brands KFC and Taco Bell rose 4% and 3%, respectively.
Source: Food Business News
Boosted by rapid growth in digital sales, a burgeoning catering business, early successes in its delivery program and growth in its consumer packaged food business, Panera Bread Co. achieved strong earnings growth in 2016 and expects growth to accelerate in 2017.
Source: Food Business News
The Kraft Heinz Co. has made an offer to acquire Unilever PLC,which the ‘London Based’ company rebuffed. The offer, according to Unilever, was for $50 per share, which included $30.23 in cash and the remainder in stock, for a total valuation of approximately $143 billion.
Source: Food Business News
This year, Convenience Store News’ exclusive Realities of the Aisle annual consumer study highlights the differences between frequent c-store shoppers- those who shop at a convenience store on a daily or weekly basis- and shoppers who visit c-stores less than once a week.
Source: Convenience Store