fox-business/lifestyle/food-drinks
Cracker Barrel ends partnership with Prophet after failed rebrand backlash
Founder of XX-XY Athletics Jennifer Sey analyzes why customers rejected the pitch to change the restaurant chain’s logo on ‘The Evening Edit.’ Cracker Barrel is ending its partnership with Prophet, the consulting firm behind its failed rebrand. The chain faced intense backlash after unveiling a new logo and redesigned stores that longtime fans said stripped […]
Maxwell House is changing its name for the first time in 133 years
Starbucks CEO tells Fox Business that the coffee chain is ‘ahead of schedule’ in its major turnaround effort, Maxwell House is changing its name for the first time in its 133-year history. The coffee brand, owned by Kraft Heinz, will temporarily be renamed “Maxwell Apartment,” a move it said it made “to meet the needs […]
Amazon launches new grocery brand merging Fresh and Happy Belly products
Federal Trade Commission Chairman Andrew Ferguson explains Amazon’s billion-dollar settlement with the Federal Trade Commission on ‘Making Money.’ Amazon announced Wednesday the launch of Amazon Grocery, a new private-label brand that merges popular items from Amazon Fresh and Happy Belly into one “grocery essentials” collection. The retail giant’s new brand features more than 1,000 grocery […]
Drought drives cattle inventory to 1951 lows; beef prices surge
Kelly Saberi of Fox Business joins ‘Varney & Co.’ to discuss a decrease in cattle leading to a record high price of beef. Beef prices are at a record high in the wake of a drought that left cattle inventory at the lowest level in 70 years amid strong demand, resulting in price increases for […]
Trader Joe’s and Walmart recall frozen meals over deadly listeria outbreak
Possible government shutdown could interrupt release of September jobs report; Apples thinnest iPhone ever passes bend test; Maxwell House changes name for National Coffee Day. A listeria outbreak affecting certain recalled frozen meals sold at Trader Joe’s and Walmart has led to four deaths as well as 19 hospitalizations, according to the Centers for Disease Control […]
McDonald’s brings back Monopoly with big prizes
McDonald’s franchise owner Scott Rodrick says his business has experienced ‘cost pressure’ since California’s minimum wage increase targeting fast food franchises on ‘Maria Bartiromo’s Wall Street.’ McDonald’s is bringing back its famed Monopoly game for the first time in nearly a decade with lucrative prizes as the brand continues to try to lure back customers. […]
Health alert issued for Walmart linguine and meatballs over listeria concerns
Johns Hopkins School of Medicine professor Dr. Marty Makary weighs in on the listeria outbreak from deli meat and a new study linking COVID-19 to a higher risk of hearing loss. The U.S. Department of Agriculture’s Food Safety and Inspection Service on Thursday issued a public health alert over precooked linguine and meatballs sold at […]
Cracker Barrel closes 14 Maple Street Biscuit Company locations
Founder of XX-XY Athletics Jennifer Sey analyzes why customers rejected the pitch to change the restaurant chain’s logo on ‘The Evening Edit.’ Maple Street Biscuit Company, a Cracker Barrel-owned restaurant chain, shuttered more than a dozen locations that fell short of its financial expectations. Cracker Barrel warned in its earnings call last week that 14 […]