Premium nuts and snacks maker Diamond Foods has reported an $86.3m net loss on a 2% rise in sales to $981.4m for the year to July 31, but stressed that the results do not reflect its recent change in strategic direction.
The bakery and snack sector is not generally seasonal and is comprised of staples, but manufacturers can exploit the lucrative Christmas period through packaging design, an analyst says.
T-seal bags are an excellent, versatile flexible packaging solution for snack manufacturers enabling good space for branding, the CEO of Northeast Packaging says.
The European leader in pulses and grains opens a dedicated production facility for pulses, investing more than $2.5 million in its core business in the next three years.
Peeved over what it considers a misleading ad, the Center for Science in the Public Interest (CSPI) has sent a cease and desist letter to Living Essentials LLC, the distributor of 5-Hour energy drinks.
Emerging evidence suggests that dietary rice bran may have beneficial effects against several types of cancer, such as breast, lung, liver and colorectal cancer.
Starbucks plans to increase the number of its cafes in the Americas by over 20% by opening more than 3,000 new stores and renovate thousands of more stores over the next five years.
NakedWines.com, a UK-based online winery, has brought together over 100,000 Angels to provide $3m investment for Tim Olson and Jeff Stai - two independent winemakers in California.
