Indian Finance Minister Arun Jaitley has expressed confidence that a low and stable inflation rate would be soon attained. Reacting to the data released for Wholesale Price Index (WPI) and consumer price inflation for September 2014, ...
Tags: inflation rate, food markets
Huddle House, the full-service family restaurant franchise known for serving "Any Meal. Any Time.", signed five new franchise agreements in September. The agreements are for restaurants in Sealy, Texas, Owensboro and Elizabethtown, Ky., ...
Tags: Huddle House, Agreements, Food
Following dull September sales, US apparel retailer - JC Penney revised downwardly comparable store sales for the third quarter of 2014, which it now expects to be in the low-single digit range, compared to its original guidance of ...
Mondelez International, an American multinational confectionery, food and beverage conglomerate, has named Brian Gladden, 49, as their new chief financial officer. Gladden, a former CFO of Dell, will be assuming office from December 1. ...
Tags: Mondelez International, CFO, Food
Weak retail traffic and ramped-up discounts to clear merchandise, once again hit profits at denim jeans marketer - Levi Strauss & Co for the third fiscal quarter ended August 24, 2014. In the third fiscal quarter, Levis posted profit of ...
Tags: denim jeans, Levis
Net sales for the fourth fiscal quarter ending August 31, 2013 at NASDAQ-listed Costco Wholesale Corporation totalled to $34.75 billion, up 9% from $31.77 billion in fiscal year ending August 31, 2013. Net sales for the full fiscal year ...
Toray Industries’ group operating profit apparently grew 13% on the year to around 50 billion yen ($462 million) for the April-September half as carbon fiber sales made up for lower-than-expected sales in other segments. The figure ...
Tags: carbon fiber
Apparel retailer Gap Inc. named Art Peck, who currently oversees Growth, Innovation and Digital division as its next CEO, effective from February 1, 2015 and succeeds Glenn Murphy. Murphy and Peck worked side-by-side and dramatically ...
Tags: Gap, Art Peck, Accessories
Nike Inc. announced that Cindy Davis, president of Nike Golf, plans to retire from Nike. Davis joined Nike Golf USA as general manager and has served as president of Nike Golf since 2008. "We thank Cindy for her leadership throughout the ...
Tags: Nike, President, Recreation
American agribusiness company Cargill has reported net earnings of $425m in the fiscal 2015 first quarter ended 31 August, down 26% from $571m in the year-ago period. Revenues in the first three months totaled $33.3bn, a 2% change from ...
Tags: Cargill, Net Earnings, Food
General Mills - the maker of Cheerios, Bisquick and Yoplait - has secured approval from US Federal Trade Commission (FTC) for the acquisition of Annie's, a natural and organic food company. The approval is given under the ...
Tags: General Mills, FTC, Food
When the U.S. is switching to midterm election time, the media's attention is usually focused on domestic issues. It is not that international affairs are not important, but comparatively the public that is overwhelmed by local issues often ...
Tags: Foreign Policy, Policy
The exports of apparel form India shot up by 17.9 percent in the first five months of the ongoing financial year that began on April 1, 2014, according to the data from the Apparel Export Promotion Council (AEPC). In April-August 2014, ...
Tags: apparel exports, Apparel
Cal-Maine Foods, a producer and marketer of shell eggs, reported that its first-quarter (Q1) profit surged from last year, with boost in net sales due to higher volumes and average selling prices. Quarterly net sales were $356.94m, an ...
Tags: Agriculture, Food, shell eggs
RPM International Inc. will release its fiscal 2015 first-quarter results before the stock market opens on Wednesday, October 8, 2014. Management will host a conference call to discuss the results beginning at 10:00 a.m. EDT the same ...
Tags: RPM, Results, Decoration