J.M. Smucker cuts prices on its Folgers and Dunkin' Donuts packaged coffee.» Read More
For years, Hershey-owned Twizzlers have twisted the licorice market to its own desires. Now, Nestle wants a bite of that action.
Feb 2- Food distributor Sysco Corp said it would sell 11 distribution centers run by takeover target US Foods Inc to Performance Food Group to satisfy antitrust concerns. Sysco's $3.5 billion offer for US Foods is awaiting approval from the Federal Trade Commission as the deal would combine the two largest U.S. food distributors. Sysco and US Foods are the only...
Feb 2- Food distributor Sysco Corp said it would sell 11 distribution centers run by takeover target US Foods Inc to Performance Food Group to satisfy antitrust concerns. The centers generated $4.6 billion in revenue in US Foods' most recent fiscal year, Sysco said on Monday. Sysco announced its agreement to buy US Foods for $3.5 billion in December 2013.
WASHINGTON, Jan 30- Food distributor Sysco Corp and its biggest rival, US Foods Inc, have offered to sell a smaller competitor 11 facilities in order to convince skeptical antitrust regulators to approve their $3.5 billion merger, a source briefed on the matter told Reuters. The deal, proposed in December 2013, is seen as problematic because Sysco and US Foods are...
WASHINGTON, Jan 30- Food distributor Sysco Corp and its biggest rival, US Foods Inc, have offered to sell a smaller competitor 11 facilities in order to convince skeptical antitrust regulators to approve their $3.5 billion merger, a source briefed on the matter told Reuters. To overcome Federal Trade Commission concerns, the companies have offered to sell 11...
Fred Destin, partner of Accel Partners discusses why his company has invested in the food tech start-up "Deliveroo."
There is a brothel in Nevada with a Budweiser room, which tells a unique tale about how brands promote themselves.
Some commercially produced caramel apples may have caused an outbreak of food poisoning linked to five deaths.
Grupo Cutrale and investment firm Safra Group agreed to acquire U.S.-based banana producer Chiquita Brands in a deal valued at $1.3 billion.
Opponents of mandatory labeling for foods made with genetically modified organisms spent roughly three times their spending in all of 2013.
The CEO caught on surveillance video kicking a small dog has resigned, his company announced Tuesday.
Four officials at a California slaughterhouse allegedly slaughtered diseased cows while inspectors were on lunch breaks and distributed the beef.
Craft soda may be little, but as local companies get picked up by Walmart and big players boost profits, it proves fierce.
Recent stories reported a coming worldwide kale shortage due to an absence of seeds at Australia's Bejos Seeds. The truth is something else.
AJE Group, the company that owns Big Cola, is battling Coke and Pepsi in Asian and Latin American markets. Financial Times reports.
Wawona Packing says no illnesses have been reported from a listeria scare of some of its produce, and the nationwide recall is a precaution.
Expensive beans are driving up the prices of coffee, but many consumers are shifting to higher-priced specialty coffee.
Velveeta, a processed cheese, is getting yanked off the shelves in 12 states for not having enough preservatives.
There will likely be more food industry mergers in the months ahead, analysts say. Here's why.
At least 11 people are sick in four unnamed states with E. coli infections, Food Safety and Inspection Service officials said.