Hostess Brands has selected stalking horse bidders for its Drake's snack cake brand and for its Sweetheart, Eddy's, Standish Farms, and Grandma Emilie's bread brands.
Hostess Brands Inc. has won permission from the bankruptcy court to sell most of its bread brands at auction on February 28, and says it will submit plans to sell the Drake’s snack cakes business this week.
Dr Pepper Snapple Group says it ‘stands by’ immune support claims made on packaging for its Mott’s for Tots beverage brand, after a US-wide class action was launched against it this week.
With rumors emerging that Danone is selling its 51% stake in its fruit juice JV with Chuiquita Brands International, one industry source told BeverageDaily.com that the French firm was likely ‘glad to be rid’ of a business blighted by mismanagement.
Sales of upmarket ice cream brand Magnum have almost doubled to more than €1billion in the four years since Paul Polman took the helm at Unilever, making it “one of the greatest success stories… in the history of consumer goods”, he said yesterday.
PepsiCo and Kellogg lead the global snacks market with Frito-Lay and Pringles, but who fares better in the realms of Facebook and why does this matter?
While cynics might not be persuaded by Coke’s new ads promoting the role it is playing in tackling obesity, the soft drinks industry is increasing efforts to help consumers make ‘informed choices’ through calorie labeling and more no or low sugar options.
Greek yogurt giant Chobani has confirmed, then denied, that it is pulling out of Canada “for the time being” following the postponement of its nationwide launch in the country.
Dairy Farmers of Ontario (DFO) has been offered no “further details” of Chobani’s Canadian manufacturing plant construction plans - despite being lined-up to supply the Greek yogurt giant’s proposed new facility.
If you’ve trudged around any industry trade shows recently, you’ve probably seen your fair share of prototype product concepts targeting the key ‘need states’ created by ‘modern life’: Wake up! (in energizing oranges and reds), Focus! (in royal purple),...
There is a huge untapped opportunity to drive growth in the US chilled prepared food market with innovative new products offering freshness and convenience, says Bolthouse Farms.
