Unstamped brown eggs. Picture Alliance | Picture Alliance | Getty Images Bird flu fears are driving up egg prices again. After having subsided for most of 2023, a recent resurgence of avian influenza in poultry facilities across the U.S., Japan and other nations have caused prices of eggs to jump again. The virus, commonly referred … Read more
Bottles of Pepsi soda are seen on display at a Target store on February 09, 2024 in the Flatbush neighborhood of Brooklyn borough New York City. Michael M. Santiago | Getty Images PepsiCo on Tuesday reported quarterly earnings and revenue that beat analysts’ expectations, despite a recall of some Quaker Foods cereal and bars that dented volume. … Read more
A food shopper searches for vegetables July 1, 2023 at the Hannaford supermarket in South Burlington, Vermont. Robert Nickelsberg | Getty Images Rising food prices around the world may finally be seeing a bottom this year. According to Oxford Economics, global food prices are expected to decline in 2024, offering some relief for shoppers. “Our … Read more
Over the past three years, the plant-based meat industry has experienced a major reversal in vibes. Sales boomed in the early months of the pandemic, as slaughterhouse shutdowns disrupted conventional meat supply chains and shoppers started trying out meatless burgers, sausages, and seafood instead. Between 2018 and 2021, total sales of plant-based foods in the … Read more
Supermarket beverage aisles are starting to look a lot more like a pharmacy. There are sodas made with mushrooms that supposedly improve mental clarity and juices packed with bacteria that claim to enhance digestive health. Water infused with collagen carries the promise of better skin, and energy drinks offer to help burn body fat. Welcome … Read more
Denver Beer Co. Courtesy: Denver Beer Co. This story is part of CNBC’s new quarterly Cities of Success series, which explores cities that have been transformed into business hubs with an entrepreneurial spirit that has attracted capital, companies and workers. Alcohol-free beverage options have skyrocketed over the past few years, and that trend has especially … Read more
Boulder is the No. 2 U.S. city for quality of life, according to U.S. News and World Report. Denistangneyjr | E+ | Getty Images This story is part of CNBC’s quarterly Cities of Success series, which explores cities that have transformed into business hubs with an entrepreneurial spirit that has attracted capital, companies and employees. … Read more
As Gatorade approaches its 60th birthday, the brand is staying spry, branching out into new categories from unflavored water to energy drink mixes. Since its founding in 1965, Gatorade has been the dominant sports drink. It accounted for 63.5% of the U.S. sports drink market in 2023, according to Euromonitor International data. Owner PepsiCo’s archrival … Read more
A McDonald’s crew member prepares french fries in Miami, Florida. Getty Images It’s a timeless question at fast-food counters: Do you want fries with that? Responders continue answering affirmatively at a higher-than-average rate, a top potato supplier indicated. It underscores the resilience of consumer spending, even as inflation pinches pocketbooks and pandemic savings dry up. … Read more
Jeff Greenberg | Universal Images Group | Getty Images McDonald’s signed a deal to purchase all 225 of the restaurants that comprise its Israel franchise, the American fast-food chain announced, following months of dramatically lower sales due to pro-Palestinian boycott action amid the Israel-Hamas war. The restaurant outlets have been owned by Israeli company Alonyal … Read more
