Whole Foods, FTC in Settlement Talks

The Federal Trade Commission has temporarily halted its antitrust challenge to Whole Foods Market's 2007 acquisition of Wild Oats Markets to allow for settlement talks.

 


Starbucks to Cut Jobs, Close Stores

After watching its earnings fall by 69%, Starbucks has announced that it will cut 6,700 jobs and close 300 stores.

 


FTC to Whole Foods: Bring Back Wild Oats

The U.S. Federal Trade Commission asked a federal judge today to halt all integration activities of Whole Foods and Wild Oats and rebrand all former Wild Oats Markets stores that have been integrated into the Whole Foods chain since the two rivals merged in 2007.

 


Is a Buyout Looming for Whole Foods?

According to an SEC filing, Ron Burkle's Yucaipa Cos. investment firm now holds a 7 percent stake in Whole Foods Market, making him one of the top four shareholders in the company.

 


Whole Foods Sues Feds

Whole Foods has sued the Federal Trade Commission to prevent its review of the company's $565 million merger with Wild Oats. CEO John Mackey will lobby members of Congress to "ask for fair play for Whole Foods Market by the FTC," the company said in a statement.

 


American-style Feedlots Come to Argentina

While Argentina is known as the land of purely grass-fed steak, the use of American-style feedlots is surging -- as much as a third of the nation's cattle may be fattened in feed lots this year.

 


Copia Closes (for Now)

Copia, the financially distressed food and wine center in Napa, has shut its doors while it seeks cash to continue operations.

 


Don't Say Bud, Say Bière

Shareholders of Anheuser-Busch have approved a $52 million takeover by Belgian-based InBev, creating the world's largest brewer.

 


The Bagels of Los Angeles

The Los Angeles Times profiles the bagel giants of L.A.

 


Towards a Less Grody Grocery Cart

The Wall Street Journal explores the grocery cart-sanitizing industry.