Tesco has become a retailing power in the UK and elsewhere under the leadership of Terry Leahy. Now, Mr. Leahy has been named Fortune’s 2003 Europeran Businessman of the Year.

Costco shareholders voted to have the company’s board of directors elected on an annual basis instead of every three years as done previously.

Kellogg’s earnings per share were down a penny compared to the same quarter last year on higher marketing costs.

Wrigley reported an earnings per share of 49 cents for the last quarter and authorized an increase in the dividend payment as well as a stock repurchase program.

Gillette announced profits were up six percent in the last quarter because of improvements in the company’s battery business.

Pepsi’s new online music download promotion with Apple Computer where one in three wins will get its official send off on commercials airing Super Bowl Sunday.

A sluggish economy, the war in Iraq and increased consumption of distilled spirits are all being given as reasons for the beer category’s flat performance in 2003.

The Chicago based parent company of Fannie Mae and Fannie Farmer chocolate, Archibald Candy, filed for Chapter 11 bankruptcy protection in federal court yesterday.

Picketing grocery workers, community and religious leaders staged a rally yesterday outside the home of Steve Burd, Safeway’s top executive.

Coca-Cola is working with the online music download service, Musicmatch, in its new promotion for Sprite.

Asda is looking to reduce duplication in costs by narrowing its milk suppliers to one or two dairies.

A group of high school students concerned about the abuse of beer by underage drinkers at keg parties went to the Iowa Statehouse yesterday to ask lawmakers to institute “tag…

A report from the Wharton School of Business suggests that remedies to quit smoking, lose weight, etc. often fail to work and may wind up costing consumers more in the…

KB Toys received permission from a federal bankruptcy court to close up to 490 of its 1,231 stores.

Kellogg’s has changed the shape of its Apple Jacks brand cereal as part of a promotion to spur kids’ interest in the brand.

Nobel Prize winner, Stanley Prusiner, said the only way for the US to be certain beef is free of bse is to test all cows.

Steve Westly, the State Controller for California has written a letter to Safeway’s board of directors urging the company to not follow “a lowest common denominator” strategy by forcing its…

Kroger has recalled its Private Selection Roast-branded beef because some of the product tested positive for listeria.

McCormick reported profits for the fourth quarter were up nine percent.

Kraft Foods’ chief executive, Roger Deromedi, said the manufacturer will cut six percent of its workforce and shutter 20 plants in a company restructuring.

Procter & Gamble reported quarterly profits were up 22 percent due to increased demand for the company’s over-the-counter (OTC) medications.

Town officials tout the advantages of having Walgreens build a new store while business owners being displaced warn against the precedent being set.

The European Union has given its members 90 days to lift their ban on genetically modified foods.

Brian Walsh, spokesman for the Committee on House Administration, said that the Interent company, Capitol Flags, that has bought American flags from Congressional members’ offices for less than $20 and…

A weak dollar has been good news for exports of American wines.

Devout Muslims in Jeddah, Saudi Arabia will be able to buy sacrificial sheep from Panda Supermarket for the upcoming Haj season.