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Food

As Red Lobster files for bankruptcy, changing tastes take a toll on its casual-dining competitors

by Daniel Ackerman
May 20, 2024
The sector hasn't really recovered from the pandemic closures of their dining rooms, when "they lost their core business model."
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The WIC family food program is getting a refresh, but requirements are still tough to navigate

by Savannah Peters
Apr 23, 2024
The nutrition program is restrictive by design, but updates to the food package are giving parents and kids more options.
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Chewing over the Kellogg Co. split: why now?

by Meghan McCarty Carino
Jun 21, 2022
One company will focus on snacks, another breakfast cereals and a third will explore the new sector of plant-based foods.
One of the food giant's proposed companies will focus on cereals.
Bill Pugliano/Getty Images
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Economic Pulse

California's drought is squeezing farmers and threatening food prices

by David Brancaccio and Rose Conlon
May 10, 2022
“There are a lot of empty fields that aren't being planted — something I've never seen before," say Terranova Ranch's Don Cameron.
In California, almond trees are being removed and hundreds of thousands of acres of rice won't be planted because of the drought, says Don Cameron of Terranova Ranch.
Justin Sullivan/Getty Images
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War in Ukraine could affect food and energy prices through 2024, World Bank says

by David Brancaccio , Alex Schroeder and Rose Conlon
Apr 28, 2022
Wheat prices could increase more than 40% and energy more than 50% this year, according to the bank's president, David Malpass.
Commodity prices are rising, and "it’s hitting people in the poorest countries hardest," World Bank President David Malpass says. Stagflation is also a risk.
Louai Beshara/AFP via Getty Images
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Tater tot casserole without tater tots? Rising costs stress school lunch programs.

by Stephanie Hughes
Apr 11, 2022
Schools provide meals to millions of kids each day, and they're closely watching food inflation.
During the pandemic, most schools were able to offer free lunches under a federal waiver. But that waiver's set to expire this summer.
Michael Loccisano/Getty Images
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Global food prices reach all-time high

by Stephanie Hughes
Apr 8, 2022
The United Nations’ index of global food prices rose 12.6% in March, increasing the risk of hunger in the developing world.
In Egypt, the government subsidized bread so much that it costs consumers less than the value of the grain it's made with, leading to waste.
Khaled Desouki/AFP via Getty Images
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Econ Extra Credit with David Brancaccio

LA's Donut Princess on the "bittersweet" decision to sell the family business

by David Brancaccio and Rose Conlon
Mar 24, 2022
Mayly Tao's story is one familiar to many children of immigrants who see opportunity beyond their parents' storefronts.
Last year Mayly Tao's family sold DK's Donuts & Bakery in Santa Monica, California after 40 years.
Courtesy Mayly Tao
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Food banks feel pinch of inflation

by Savannah Peters
Nov 30, 2021
The nonprofits faced higher demand through the pandemic. Now, with food costs rising, their resources are stretched even further.
Inflation and supply chain issues are hitting food banks hard and limiting the aid they're able to distribute.
Spencer Platt via Getty Images
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1 year after a catastrophic fire, this Texas smoked turkey business is back

by David Brancaccio , Meredith Garretson and Rose Conlon
Nov 23, 2021
"When you're faced with a disaster, the sun does come up the next day," says Sam Greenberg of Greenberg Smoked Turkeys.
"We put out a good product ... and it’s comfort food. And who doesn’t need comfort food in the times we’re going through now?" says Sam Greenberg of Greenberg Smoked Turkeys.
Justin Sullivan/Getty Images
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