Shares in Flowers Foods slipped in early trading in the US today (6 February) after the US bakery giant's fourth-quarter earnings - and its guidance for 2014 - were under Wall Street forecasts.
The 160-year-old McVitie's brand is being relaunched today with a £12 million advertising campaign, focused on emotional themes to convey the "sweet" appeal of the category.
Turkish food manufacturer Yildiz Holding has agreed to divest its yeast-making unit Dosu Maya to Le Saffre, a French supplier of yeast extracts and bakery yeast, in a $220m deal.
Hovis owner Premier Foods, has struck a deal to bring in private equity company the Gores Group in a bid to help reinvigorate its struggling bread division.
Premier Foods will establish its bread unit as a stand-alone joint venture, with US private equity firm Gores Group taking a majority stake in the business.
Sunbelt® Bakery announced today the company will kick off the New Year by expanding its line of chewy granola bars to include a new Peanut Butter Chocolate Chip flavor.
J.S.B. Industries has acquired Perham, Minn.-based SunWise Foods, L.L.C., a privately-owned maker of crustless sandwiches made with SunButter (sunflower seed spread), on whole wheat bread, with grape jelly.
Grupo Bimbo, one of the world's largest bread makers, has emerged as the leading candidate to acquire Canada Bread Co Ltd from majority owner Maple Leaf Foods Inc, according to people familiar with the matter.
While some fast-casual competitors admit to struggling with speed of service, Chipotle Mexican Grill, Inc. considers its throughput a “huge advantage.”
The natural, organic category has room for growth, from India to Europe, from club stores to “e-tailing,” said Irwin Simon, chairman, president and chief executive officer of The Hain Celestial Group, Inc.
Cracker Barrel Old Country Store, Inc. takes a three-pronged approach in its long-term strategy to improve sales and traffic: enhance the core, expand the footprint and extend the brand.
UK-based Premier Foods will invest £20m to set up a new production and packing line at its cake manufacturing site in Fish Dam Lane in Carlton, Barnsley
The Hain Celestial Group, Inc. today announced the acquisition of Tilda Limited ("Tilda"), a leading premium 100% branded Basmati and specialty rice products company.
Retail dollar sales of in-store bakery goods reached $13.4 billion in 2013, up from $12.8 billion in 2012, according to a new report from the market research firm Packaged Facts titled “In-store bakeries: U.S. market trends.”
British baker Greggs posted its first sales growth for 2 years in the last quarter of 2013 as demand for mince pies at Christmas gave an extra lift to its renewed focus on takeaway food.
3M Food Safety announced today that its new 3M™ Petrifilm™ Rapid Yeast and Mold Count Plate has received certification (#121301) from the AOAC Research Institute’s Performance Tested MethodsSM (PTM) Program.
