In early 2020, Times Square will be glowing brighter, hotter and sweeter than ever with the opening of the Krispy Kreme Times Square Flagship. Krispy Kreme announced that it will open the first-of-its-kind flagship in Times Square, delighting New Yorkers and tourists alike with the most awesome doughnut experience imaginable.
Archive for the ‘FOOD & BEVERAGE’ Category
Beyond Meat shares continue hot streak, jumping as much as 34% to all-time high
Shares of Beyond Meat moved higher Monday morning as the stock continues to exceed expectations following one of the most successful public debuts so far this year.
Litehouse snags Sky Valley Foods
Litehouse, Inc., a 100% employee-owned manufacturer of refrigerated salad dressings, dips and cheeses, has entered into an agreement to acquire Sky Valley Foods, effective June 1. Sky Valley produces organic shelf-stable dressings, condiments, marinades and sauces under the Organicville and Sky Valley brands.
Little Caesars to sell pizza with Impossible’s plant-based sausage
Little Caesars will sell a pizza topped with plant-based sausage crumbles made by Impossible Foods — the first time a national pizza chain is using a vegan meat substitute.
U.S. organic sales break $50 billion mark
U.S. organic sales hit a record $52.5 billion in 2018, up 6.3% from the previous year. Organic food sales accounted for $47.9 billion, an increase of 5.9% from 2017, according to the Organic Trade Association.
Mondelez on path to ‘snacking made right’
Mondelez International, Inc. used less energy, water and waste, and focused more on the end-to-end impact of its snacks, in 2018, part of the company’s mission to empower people to snack right, according to its 2018 Impact Report, “Snacking made right.”
After exiting Beyond Meat, Tyson Foods will launch meatless products this summer
After exiting Beyond Meat, Tyson Foods said that it would roll out its own plant-based meat substitutes beginning this summer.
Boston Beer Company and Dogfish Head Agree to Merge in $300 Million Deal
Eight years ago, Dogfish Head and Boston Beer Company teamed up to brew a collaboration beer for the annual SAVOR craft beer and food pairing experience. Today, the two companies announced the signing of a definitive merger agreement valued at about $300 million.
Survey: Few Older Americans Grocery-Shop Online
The number of Americans over 50 who are online grocery-shopping is relatively low, with only 17% ever having ordered groceries to be picked up from a store, 17% from a prepared meal delivery service, 16% ever having ordered groceries to be delivered, and 10% having ordered from a meal-kit delivery service. Those are among the […]
UNFI to acquire SUPERVALU
United Natural Foods, Inc. (UNFI), Providence, R.I., announced plans to acquire SUPERVALU INC., Minneapolis, for approximately $2.9 billion. The transaction will greatly expand UNFI’s customer base and exposure across channels, including those where demand for “better for you” products is increasing.