Fiscal 2013 was a “successful and transformational year” for ConAgra Foods, Inc., as the Omaha-based company grew through both acquisition and strong performance in its core businesses.
Judge Robert D. Drain of the U.S. Bankruptcy Court Southern District of New York on Aug. 21 approved the sale of the remaining assets of Hostess Brands, Inc. (Old HB, Inc.) to Hackman Capital Acquisition Company, L.L.C. for $62.5 million.
Domino’s Pizza Enterprises, a master franchisee of global pizza delivery chain Dominos, plans to open 100 new stores in India by March 2014, in a move expand the brand’s retail network.
Tesco has also recently announced that it plans to "concentrate on the UK market", yet the British retail market remains sluggish at best with no prospect of growth, unlike international markets such as Asia, and China in particular.
Australian pizza restaurant company Domino’s Pizza Enterprises (DPE) has announced it has entered into an agreement with asset management firm Bain Capital to acquire a 75 per cent equity interest in Domino’s Pizza Japan (DPJ).
Subway's done a lot of stuff with its sandwich bread, but its newest offering could be both an industry head-turner and customer nose-sniffer: garlic bread.
Diamond Foods, Inc. has reached a proposed settlement under which the packaged food company would settle the private securities class action pending against the company and two of its former officers.
Net income of The J.M. Smucker Co. in the first quarter ended July 31 was $126.6 million, equal to $1.19 per share on the common stock, up 14% from $110.9 million, or $1 per share, in the same quarter in 2012.
UK-based Country Style Foods has completed the acquisition of Poole's Pies, one of the oldest pie and pastry brands in the country, for an undisclosed amount.
US-based producer of packaged bakery goods Flowers Foods has reported a 64% rise in second-quarter earnings to $46.5m, compared with $28.4m for the same period in 2012.
