Claire's Inc., one of the world's leading retailers of fun, fashionable accessories for young women and girls, will continue its partnership with famed Dylan's Candy Bar, the world's largest confectionery emporium and lifestyle brand.
American Lorain Corporation, an international processed snack foods, convenience foods, and frozen foods company based in the Shandong Province, China, today announced that it has acquired 51% share capital in Athena Group.
Restructuring costs related to its spin-off were lower than expected for Kraft Foods Group, Inc. as the Northfield-based company reported net earnings growth of 65% in the fiscal year ended Dec. 28, 2013.
Announcing its second overseas investment in six months, United Biscuits (“UB”) is expanding its business in Nigeria with the purchase of a stake in A & P Foods, one of the leading biscuit manufacturers in the country.
Leclerc Foods USA, a maker of cookies, snack bars and crackers, has acquired a 166,500-square-foot building in Phoenix to expand its food manufacturing operations.
Snack bars are making inroads into several food service channels, according to The NPD Group’s SupplyTrack report, which tracks products shipped through broadline distributors to food service operators.
Cadbury chocolate seller Mondelez International Inc on Wednesday reported quarterly profit that fell short of Wall Street estimates amid weak global demand for packaged food and vowed to do better in 2014.
Canada Bread Company said on Wednesday Mexico's Grupo Bimbo will acquire it in an all-cash deal worth C$1.83 billion ($1.66 billion), allowing its parent Maple Leaf Foods to focus on its meat products business.
As more companies buckle to consumer pressure over the use of controversial ingredients, Kraft Foods Group announced it has removed artificial preservatives from its Kraft Singles individually wrapped cheese slices.
Favorable macro trends in natural and organic food benefitted third-quarter results at Annie’s Inc., as the Berkeley-based company posted stronger returns in its macaroni and cheese, frozen pizza and entree business and snacks segment.
Announcing a second delay in the formation of Ardent Mills, ConAgra Foods, Inc. said the partners in the milling joint venture were prepared to divest 4 of the 44 mills that were to be included in Ardent.
ConAgra Foods Inc cut its full-year profit forecast for the second time, blaming weak sales in its private-label business and a steeper-than-expected fall in sales of its own brands such as Chef Boyardee pastas.
