U.S. wine sales continued a multiyear decline in 2024, which experts attribute to shifting demographics, health concerns, new competition and economic forces.
(Reuters) -The U.S. Federal Trade Commission sued PepsiCo on Friday for offering preferential pricing to a large retailer, whom a source familiar with the matter confirmed was Walmart. The practices fed high consumer prices by placing at a disadvantage other retailers, from large grocery chains to independent convenience stores, the FTC said. "PepsiCo strongly disputes the FTC's allegations, and the partisan manner in which the suit was filed," the company said in a statement.
US car sales get year-end boost from Trump’s threat to end EV tax credits
President-elect Donald Trump’s threat to eliminate tax credits for electric vehicles likely gave plug-in cars a much-needed boost after a disappointing year, part of a broader surge in auto sales a…
Poland is selling its frozen butter reserves to curb soaring prices | CNN Business
Poland is selling up to 1,000 metric tons (1,102 tons) of its frozen butter reserves to bring down surging prices ahead of presidential elections in May.
Years after the 2019 chicken sandwich craze, fast food restaurants have been adding more and more chicken items at higher rates than they’re adding beef. So ...
Smucker Raises Earnings Guidance on Strong Uncrustables Sales
Peanut butter and jelly maker JM Smucker Co. raised its earnings guidance as its popular Uncrustables frozen sandwiches outperformed expectations, offsetting softness at the recently acquired Hostess brand.
So long, Fifth Avenue. The world’s most expensive shopping street is now in Milan | CNN Business
Milan’s Via Monte Napoleone has beat out New York’s Fifth Avenue to become the world’s most expensive shopping street, marking the first time a European city has topped the rankings.