Business
Kellogg Sales Hold Strong in Second Quarter
According to the company's latest financial report, second-quarter sales exceeded expectations at Kellogg Co., especially for ready-to-eat cereal and frozen foods, prompting management to raise earnings and sales guidance for the full year.…
Read More...
Read More...
Dunkin’ is Closing 800 Stores across the US
The retailer, one of the largest coffee and doughnut chains in the world, is permanently closing 8% of its U.S. locations, according to CNN. The company described the closures as “real-estate portfolio rationalization” in its second-quarter…
Read More...
Read More...
Mister Bee Adds Dot’s Homestyle Pretzels To Its Snack Offerings
Dot’s Homestyle Pretzels are now available to customers throughout West Virginia, thanks to a partnership with Mister Bee Potato Chips. After Mary Anne Ketelsen, CEO of Mister Bee Potato Chips, tried and loved the product, she decided to…
Read More...
Read More...
McDonald’s Sales Dropped 30% in the Second Quarter
McDonald’s has reported a difficult year, as shown in its recent quarterly earnings release — but there are signs of improvement. Total sales dropped 30% in Q2, compared to a year ago, falling to USD3.77bn. Net income plummeted 68%, to…
Read More...
Read More...
Aryzta Chairman Set to Resign Pending Company Sale
Gary McGann, chairman of Aryzta AG, unveiled in a recent letter to shareholders that he plans to step down from his post after the company’s extraordinary general meeting set for September 16 unless, prior to the date of the meeting, Aryzta…
Read More...
Read More...
CakeRush Expands into the Philippines
CakeRush, an industry leader in delivering sweet treats across Malaysia, has now announced its expansion into the Philippines. CakeRush's array of offerings include cakes, cookies, brownies, and unique cakes that come inside of a can; all…
Read More...
Read More...
Greggs Reopens Birmingham Store as Click and Collect Bakery
Greggs has reopened a Birmingham branch as a Click and Collect bakery store. The bakery giant has given its 130 High Street store the green light to re-open with some big changes.
Read More...
Read More...
Tate & Lyle Launches Sweetener Solution Design Tools
Tate & Lyle recently announced the launch of a set of sweetener solution design tools, which, together with an education program, are meant to help formulators create sugar-reduced food and drink using low-calorie sweeteners.
Read More...
Read More...
Cybake Integrates CatsAI Sales Prediction Solution
Cybake's creator, RedBlack Software, recently announced it has signed a partnership agreement with artificial intelligence pioneer CatsAI. The deal is thought to be a world-first between a developer of software for commercial bakers and a…
Read More...
Read More...
AIB International Launches Pandemic Prepared Certification
AIB International has launched the Pandemic Prepared Certification. This is the first certification standard created for the food and beverage supply chain that elevates critical planning for people, facilities and production inputs, while…
Read More...
Read More...
King Arthur Flour Rebrands to Celebrate Commitment to Baking
The oldest flour company in the US has changed its name, becoming King Arthur Baking Company. The rebrand of King Arthur Flour and the new logo, which features a wheat crown, celebrates the brand’s commitment to baking.
Read More...
Read More...
BENEO Invests EUR50m to Expand Rice Starch Plant
BENEO has announced a 50% production capacity increase at its Wijgmaal facility to cater to rising customer demand for its rice starches. A two-stage expansion process valued at EUR50m will lead to increased capacity by March 2022.
Read More...
Read More...
Ingredion Completes Rice Manufacturing Expansion
Ingredion Incorporated recently announced the completion of its rice manufacturing expansion in Banglen, Thailand. This is a part of the company’s planned ongoing investments to grow its specialty food ingredients business to further…
Read More...
Read More...
Finsbury Food Group Announces 100% Nut-Free Production
From July 2020, celebration cakes produced at the Finsbury’s Hamilton Celebration Cake site will be manufactured completely nut-free, both in terms of product ingredients and preparation space. The business has undertaken a large-scale…
Read More...
Read More...
DSM and Avril Complete Joint Venture to Develop Plant-Based Protein
Royal DSM and Avril, France's fourth-largest agro-industrial group, recently announced the launch of their joint venture, Olatein, to produce canola (rapeseed) proteins for the global food market. One year after announcing their intention…
Read More...
Read More...
Dunkin’ Will Permanently Close 450 Locations
Dunkin' is set to permanently close 450 locations throughout the US by the end of this year. The stores, however, are all located in Speedway gas stations. The closure announcement follows the termination of the coffee chain's partnership…
Read More...
Read More...
Aryzta Reopens Bakeries Amid Internal Struggle
Aryzta is reopening baking plants across the world, but keeping costs under control “to the maximum extent possible” remains a key priority for the Swiss-based company, as shown in a revenue and liquidity update. Aryzta said it continues to…
Read More...
Read More...
Verhoeven Oss Becomes Verhoeven Family of Companies
With the recent move to its new commercial premises, machine factory Verhoeven from Oss has realized a long-awaited transition to “Verhoeven Family of Companies”, to strengthen its market position. The new designation highlights the…
Read More...
Read More...
