AUSTIN, Texas - Albertsons Inc. today announced plans to invest more than $100 million for new store and fuel center construction, as well as existing store remodels, in the Austin market during the next four years.
HONG KONG - McDonald's Corp. has begun selling Chinese-style meals in Hong Kong to better compete during the territory's bitter economic downturn, Reuters reports.
WASHINGTON - A draft report by the General Accounting Office suggests that the federal government's new science-based system of food inspections is severely flawed, Cox Newspapers reports.
WASHINGTON - More Americans are now changing their cooking habits in response to warnings about pathogens in undercooked meats, the Agriculture Department said Monday.
BERLIN - Wal-Mart today said it plans to close two stores in Germany, the first since it entered Europe' biggest consumer market five years ago, The Associated Press reports.
NEW YORK - Two reports released today suggest that extreme heat and a patriotic holiday drove U.S. consumers into air-conditioned stores, helping lift chain store sales in the last retail week of June, Reuters reports.
WASHINGTON - U.S. health officials said Friday they approved a new sweetener, neotame, that is about 7,000 to 13,000 times sweeter than sugar, Reuters reports.