Posts Tagged ‘grocery’
Tuesday, January 10th, 2012
Diane Alter – AHN News Reporter
Seattle, WA, United States (AHN) – Get ready to peel off more bucks for your Starbucks lattes, frappuccinos, espressos and standard brews.
The Seattle coffee chain announced Tuesday that it is raising prices an average of 1 percent in the Northeast and Sunbelt regions. Cities that will see higher prices include Boston, New York, Washington, Atlanta, Dallas and Albuquerque. Prices will remain unchanged in California and Florida.
The increase comes as Starbucks faces higher commodity costs. The company will not raise prices for its packaged coffee sold in its cafes and at grocery stores. That increase came last year when Starbucks raised prices of packaged coffee 17 percent at its cafes and 12 percent at grocery stores.
The coffee giant believes the increases will have little effect on its consumer base, which is less sensitive to prices than some of its rivals.
In early afternoon trading Wednesday, shares of Starbucks were trading higher by 2 percent at $46.21 per share.
Article © AHN – All Rights Reserved
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Tags: boston new york, coffee giant, consumer, early afternoon, espressos, gastronomy, grocery, grocery stores, News, news reporter, percent, seattle coffee, seattle wa, Share, Starbucks, Sunbelt, View, Wednesday, year
Posted in Inflation to Recession | Comments Off
Tuesday, August 9th, 2011
Diane Alter – AHN News Trivia Writer
Seattle, WA, United States (AHN) – In trying to eat healthy, making wise choices is not the only obstacle for many. Expense is another. New research shows that eating healthy can cost an extra $7.28 a week, or about $380 a year.
A recent update of U.S. nutritional guidelines, once known as the Food Pyramid and now called My Plate, calls on Americans to eat more fresh foods containing potassium, dietary fiber, vitamin D and calcium. But according to a study published Thursday in the journal Health Affair, for the typical consumer adding foods containing these vitamins and nutrients can add hundreds to a yearly grocery bill.
Researchers of the study note that 15 percent of America say they don’t have enough money to eat the way they want to eat. And, recent estimates show 49 million Americans make food choices based on cost.
Article © AHN – All Rights Reserved
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Tags: Bill, calcium, choice, dietary fiber, Food, food choices, food pyramid, foods containing potassium, fresh foods, gastronomy, grocery, grocery bill, Health, obstacle, seattle wa, study, Trivia, typical consumer, UPDATE, wise choices
Posted in Inflation to Recession | Comments Off
Tuesday, November 23rd, 2010
Australian wholesaler Metcash plans to proceed with its bid for local grocery retailer Franklins even after its takeover offer for the business was blocked by regulators.
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Tags: Australia, bid, Business, continues, food and beverage, Franklins, grocery, grocery retailer, Metcash, Offer, pursue, regulators, retailer, takeover, View, wholesaler
Posted in Loans & Investors for Restaurants | Comments Off
Friday, November 5th, 2010
Starbucks CEO Howard Schultz said in a conference call with analysts this afternoon that it will replace Kraft Foods, which for more than a decade has distributed Starbucks coffee to grocery stores in the U.S.
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Tags: afternoon, Call, CEO, CEO Howard Schultz, Coffee, conference, conference call, decade, distributor, fires, food and beverage, Foods, grocery, grocery stores, howard schultz, Kraft, kraft foods, post, Starbucks, Stores, U.S.
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Posted in Start a Restaurant | Comments Off
Thursday, September 23rd, 2010
UK grocery operator Asda has offered to sell some 47 Netto outlets to satisfy Office of Fair Trading (OFT) local competition concerns raised by its acquisition of the discount retailer.
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Tags: Acquisition, Asda, Competition, competition concerns, discount retailer, Fair, food and beverage, grocery, Netto, office, office of fair trading, OFT, operator, outlets, satisfy, sell, trading, UK, uk grocery
Posted in Start a Restaurant | Comments Off
Wednesday, September 22nd, 2010
UK grocery retailer Sainsbury’s is relaunching its Taste the Difference premium private label.
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Tags: Difference, Food, food and beverage, grocery, grocery retailer, label, label view, post, premium, private label, relaunches, retailer, Sainsbury, Sainsbury's, Taste, UK, uk grocery, View
Posted in Loans & Investors for Restaurants | Comments Off