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News

Whole Foods

Whole Foods’ overpricing punished by consumers

by Abasto

Whole Foods Market’s sales are suffering due to a report submitted by the authorities last month showing they were inflating … Read More

starbucks coffee

Starbucks had its best quarter ever

by Abasto

Thanks to its new products and the implementation of technological tools, the American coffee chain Starbucks has managed to attract … Read More

McDonald's

McDonalds profits are plummeting

by Abasto

Despite McDonalds efforts to attract more customers and increase revenues again, their numbers are still in decline. The biggest fast … Read More

Amazon

Amazon Rises Past Wal-Mart in Market Value

by Abasto

Substantial income report leads to biggest gain in six years Amazon.com Inc. rose roughly 20 percent today after posting a … Read More

A&P Supermarket

Bankrupt A&P selling 120 stores

by Abasto

The supermarket chain Great Atlantic & Pacific Tea Co., better known as A&P, filed for Chapter 11 bankruptcy law for … Read More

Hispanics - Hispanos

Hispanic growth strengthens food service

by Abasto

The growth of the Hispanic population in the US is strengthening the food services industry. This was revealed by Technomic’s … Read More

Reading Label

Law against GMO labeling approved

by Abasto

US Food companies and other opponents of the proposed mandatory labeling for genetically modified foods took a victory on Tuesday … Read More

Microsoft

Microsoft will lay off 7,800 workers

by Abasto

The technology company Microsoft announced it would cut up to 7,800 jobs, about 6% of its workforce, due to their … Read More

Whole Foods

Whole Foods execs apologize for overcharging

by Abasto

Top executives of the chain Whole Foods agreed that “some mistakes were made” after an investigation from the York City’s … Read More

sysco

Sysco terminates merger with US Foods

by Abasto

Sysco Corp. decided to walk away from the US Foods’ acquisition plan following last week’s federal judge ruling to temporarily … Read More

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