Consumer and retail news: 10 things you need to know today

A drink and a doughnut are seen at a Dunkin' Doughnuts location in the Chicago suburb of Niles, Illinois, February 4, 2015. REUTERS/Jim Young

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1. Chipotle is making 5 major changes to its food

The company announced that it had made numerous tweaks to its food preparation after two E. coli outbreaks, including: marinating chopped onions, jalapenos, and cilantro in citrus juice, preparing tomatoes, lettuce, and bell peppers in a central kitchen, and adding cilantro to its cooked rice immediately so the heat of the rice can kill germs.

2. All-day breakfast at McDonald’s has affected Dunkin’ Doughnuts in a terrible way

Dunkin’ Doughnuts reported a 0.8 dip in sales. Reuters reports that analysts are saying that all-day breakfast menus at chains such as McDonald’s might be to blame for this downturn.

3. Taco Bell is using one key advantage to overtake Chipotle

Taco Bell has been on a quest to win over millennials. It has one advantage: it’s cheap.

4. Target opening CVS pharmacies in stores is scary news for consumers

Over the next six to eight months, all 1,660 of Target’s pharmacy locations will become CVS-branded units. This could potentially lead to higher prices.

5. Buffalo Wild Wings falls 6% after being linked to a norovirus outbreak in Kansas

According to KMBC 9 Kansas City, 10 people got sick after eating at the restaurant. The restaurant closed over the weekend for a deep cleaning. Shares plummeted on Tuesday.

6. The guy who built the Kindle is leading Amazon’s retail plans, including a store with no payment counters

Amazon executive Steve Kessel is leading the company’s retail business, according to a report by Re/code’s Jason Del Ray.

7. Kanye West’s Adidas sneakers were even more valuable than Nike’s last year

According to a report from fashion and sneaker blog High Snobiety and sneaker reselling database Campless, Kanye West’s Yeezy Boost 750 in Triple Black was the highest-selling sneaker last year. It sold on Ebay for an average of $1,876.

8. KFC just proved rumours of its mutant chickens are not real

KFC has won a lawsuit against three Chinese companies charged with spreading rumours that the fast-food chain uses mutated chickens with extra limbs.

9. Costco is staying ‘Amazon-proof’ as other retailers crumble

Even though Amazon is threatening traditional retailers, Costco has been able to hold its own because of its membership model and its ability to motivate people to visit stores.

10. Victoria’s Secret customers are furious about this ‘trashy’ ad they say caters to men

Victoria’s Secret’s ads are notoriously sexy, but some consumers seem to think the retailer has gone too far. Some female customers have taken offence to a recent photo on Victoria’s Secret’s Facebook page.

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