Il21 | Istock | Getty Images Spending pressures are dividing beer drinking habits, further clouding the outlook for brewers already battling declining sales volumes. Drinkers are increasingly bypassing once-loved core beer brands and instead opting for premium or economy alternatives, Danish brewer Carlsberg said Thursday, as beermakers confront wider pressures on the drinks sector. “We…
While last month’s consumer price index showed that food prices were effectively flat month over month, tariff-sensitive items like coffee beans, specialty teas and spices are showing signs of inflation, worrying small businesses selling those products. According to the Bureau of Labor Statistics, coffee prices surged 14.5% in July year over year. The average retail price…
An independent contractor wearing a protective mask and gloves loads Amazon Prime grocery bags into a car outside a Whole Foods Market in Berkeley, California, on Oct. 7, 2020. David Paul Morris | Bloomberg | Getty Images Amazon is rolling out same-day delivery of fresh foods to more pockets of the U.S. as it looks…
Doordash food delivery service in New York City on Feb. 13, 2025. Danielle DeVries | CNBC DoorDash shares climbed 4% in extended trading on Wednesday after the food delivery company reported better-than-expected earnings and revenue for the second quarter. Here’s how the company did compared to analyst estimates based on LSEG’s consensus: Earnings per share:…
Chipotle Mexican Grill’s new Adobo Ranch dip Source: Chipotle Mexican Grill Restaurant brands are hoping hot new menu items will drive visits among younger customers. Hot, in this case, is literal. Spicy items like chicken sandwiches, seasoned sides and sauces are cropping up more often on menus at major fast-casual and quick-service chains. The idea…
Budweiser beer cans displayed for sale in a supermarket. Sopa Images | Lightrocket | Getty Images Shares of AB InBev plunged as much as 11% Thursday after the world’s largest brewer posted a worse-than-feared decline in second-quarter volumes, even as revenues and profits surged ahead. The Budweiser maker said volumes declined 1.9% year-on-year over the…
Kit Kat Chunky packaging are seen at a store in Poland on July 15, 2025. Nurphoto | Getty Images Swiss food giant Nestle said Thursday that prices for its KitKat bars and Nespresso coffee pods could rise further in the second half of this year, as U.S. tariffs risk exacerbating existing commodity price pressures. CEO…
A man walks past shelves of Coca-Cola bottles and cans at a shopping mall in Lagos, Nigeria November 5, 2019. Temilade Adelaja | Reuters Coca-Cola plans to introduce a version of its namesake cola made with cane sugar in the U.S. this fall, the company announced on Tuesday. Coke has used high-fructose corn syrup to…
A 12-pack of Coca-Cola is displayed on a counter in a 7-Eleven convenient store in Austin, Texas, on July 17, 2025. Brandon Bell | Getty Images Coca-Cola on Tuesday reported quarterly earnings and revenue that topped analysts’ expectations as strong demand in Europe offset weaker volume in other markets. Shares of the company fell less…
Pepsi Prebiotic Cola. Courtesy: PepsiCo PepsiCo on Monday announced that it will launch a prebiotic cola under its namesake soda brand, starting this fall. Pepsi Prebiotic Cola comes just four months after the beverage giant announced its $1.95 billion acquisition of upstart Poppi. Soda consumption has broadly fallen over the past two decades in the…
