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Food Distributors

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  • Nestle takes on Hershey's in non-chocolate wars Wednesday, 11 Feb 2015 | 3:09 PM ET
    Red licorice

    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...

  • Deliveroo: Restaurant cuisine at your door Friday, 30 Jan 2015 | 5:55 AM ET
    Deliveroo: Restaurant cuisine at your door

    Fred Destin, partner of Accel Partners discusses why his company has invested in the food tech start-up "Deliveroo."

  • How a beer came to sponsor a brothel Friday, 9 Jan 2015 | 7:22 PM ET
    Attendees crowd an aisle on the trade show floor during the 2015 International Consumer Electronics Show (CES) in Las Vegas, Jan. 6, 2015.

    There is a brothel in Nevada with a Budweiser room, which tells a unique tale about how brands promote themselves.

  • Caramel apples may cause deadly poisoning: CDC Friday, 19 Dec 2014 | 1:48 PM ET
    A variety of caramel apples

    Some commercially produced caramel apples may have caused an outbreak of food poisoning linked to five deaths.

  • Cutrale-Safra snaps up Chiquita in $1.3B deal Monday, 27 Oct 2014 | 8:30 AM ET
    Sergio Medina carries boxes in the Chiquita banana packing plant located on the Bueso plantation in La Lima, Honduras.

    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.

  • Engineered food fight spending booms in first half Wednesday, 3 Sep 2014 | 6:14 AM ET
    Wheat grows in a test field at Oregon State University (OSU) in Corvallis, Oregon.

    Opponents of mandatory labeling for foods made with genetically modified organisms spent roughly three times their spending in all of 2013.

  • CEO resigns amid dog-kicking scandal Tuesday, 2 Sep 2014 | 11:50 AM ET

    The CEO caught on surveillance video kicking a small dog has resigned, his company announced Tuesday.

  • 4 indicted at slaughterhouse for cancer-ridden beef Tuesday, 19 Aug 2014 | 8:05 AM ET
    Chopped meat

    Four officials at a California slaughterhouse allegedly slaughtered diseased cows while inspectors were on lunch breaks and distributed the beef.

  • Another craft brew booms...Soda! Saturday, 2 Aug 2014 | 3:00 PM ET
    Appalachian Brewing Company’s flagship root beer.

    Craft soda may be little, but as local companies get picked up by Walmart and big players boost profits, it proves fierce.

  • Don't believe the hype—a kale crisis is bunk Thursday, 24 Jul 2014 | 2:55 PM ET
    Northern Spy Food Co.’s kale salad.

    Recent stories reported a coming worldwide kale shortage due to an absence of seeds at Australia's Bejos Seeds. The truth is something else.

  • Look who's taking on Coke and Pepsi in Asia Wednesday, 23 Jul 2014 | 11:59 AM ET

    AJE Group, the company that owns Big Cola, is battling Coke and Pepsi in Asian and Latin American markets. Financial Times reports.

  • Produce contamination scare not so peachy Tuesday, 22 Jul 2014 | 10:19 AM ET

    Wawona Packing says no illnesses have been reported from a listeria scare of some of its produce, and the nationwide recall is a precaution.

  • Craft coffee is brewing up market share Friday, 18 Jul 2014 | 3:29 PM ET

    Expensive beans are driving up the prices of coffee, but many consumers are shifting to higher-priced specialty coffee.

  • Not enough preservatives?! Velveeta recalled Friday, 20 Jun 2014 | 7:47 AM ET

    Velveeta, a processed cheese, is getting yanked off the shelves in 12 states for not having enough preservatives.

  • Food companies to keep gobbling up rivals Tuesday, 3 Jun 2014 | 11:42 AM ET
    Tyson Food and Hillshire Brands food products

    There will likely be more food industry mergers in the months ahead, analysts say. Here's why.

  • 1.8M pounds of ground beef recalled for E. coli Monday, 19 May 2014 | 10:45 AM ET
    Ground beef in a meat department of a supermarket.

    At least 11 people are sick in four unnamed states with E. coli infections, Food Safety and Inspection Service officials said.