In a Down Economy, Candy Is Up
Candy makers and sellers are profiting despite the economic downturn.
Supermarket Tricks of the Trade
How supermarkets use smells, lighting, and product placement to make you stay longer and spend more money.
Whole Foods Settles With FTC
Whole Foods and the Federal Trade Commission have reached a settlement over the FTC's antitrust challenge to grocer’s August 2007 acquisition of Wild Oats Markets. The settlement calls for Whole Foods to sell 31 Wild Oats stores in 12 states, including 19 that already have been closed, and relinquish the rights to the Wild Oats brand.
French Chefs Quit Over Michelin-Induced Stress
Two French chefs have closed their restaurants due to the intense pressure of being judged for the Michelin restaurant guide.
Bad Times for Pizza
You would think that the recession would be good for pizza, but the pizza industry is feeling the squeeze, according to the Wall Street Journal.
Bullish on Malbec
While total U.S. wine imports stagnated in 2008, Argentina increased its exports to the U.S. by 30%, making it the only country to actually improve its wine sales last year.
Hershey Will Shut Down Joseph Schmidt Brand
The Hershey Co. is eliminating Joseph Schmidt Confections, one of the two premium chocolate brands it purchased in 2005.
Liquor Stores, Wineries Face Off
A coalition of New York liquor store owners are pressuring Long Island wineries not to line up behind Governor David Paterson's proposal to allow wine sales in grocery stores.