Food & Beverage News
Wonder completes acquisition of Blue Apron for $103M
Customers can now order Blue Apron meal kits in Wonder’s app for pickup and delivery. Virtual food hall concept Wonder on Monday completed its acquisition of meal kit company Blue Apron for $103 million, or $13 a share. The deal takes the struggling Blue Apron private and gives Wonder a new revenue channel as it…
Read MoreAmy’s Kitchen adds family-size entrees
Amy’s Kitchen is adding a new mealtime solution to the freezer aisle with the launch of six family-size entrees. Featuring a new packaging design, the entrees are ideal for three to four people and come in six varieties, including: Cheese enchiladas — Organic corn tortillas filled with a blend of cheeses, topped with olives and…
Read MorePopeyes puts a spin on its chicken sandwich with Truff
Popeyes’ new chicken sandwich features Truff’s Spicy Mayo and is now available at restaurants nationwide. Popeyes has launched a new variation of its wildly successful chicken sandwich through a partnership with Truff, a Southern California-based hot sauce brand. The new Spicy Truff Chicken Sandwich is now available in restaurants nationwide and for delivery for $5.99.…
Read MoreHormel Accelerates Strategy into Commercial Foodservice
The Hormel Food Corp.’s stable of brands, most notably Hormel, Jennie-O, Planters, Skippy and SPAM are synonymous with retail. But during the past 30 years, the company has developed new brands, been making inroads into foodservice, and is accelerating its push into the category with Foodservice 3.0, its latest go-to-market strategy. The foundation of Hormel’s…
Read MoreFood Health and Safety Compliance is not as Vigilant in a Post-Pandemic World
Hazel Analytics data unveiled at the 2023 Food Safety Symposium reveals that handwashing and temperature control are areas in need of improvement. During the peak years of COVID-19, hygiene was king, and everyone—from restaurant workers to people bringing in packages from outside—was meticulously washing their hands for 30 seconds many times a day. But pandemic…
Read MoreBrighter Outlook Seen for Global Poultry Market
While the global poultry industry has undergone several months of slow growth, according to a recent Rabobank report, improved demand and lower costs are expected to come in the fourth quarter of 2023 and in early 2024. Global poultry market growth in 2023 will likely only improve by 1.2% — well below the 2.5% historical…
Read MoreNew Technologies Arrive in Clusters. What Does That Mean for AI?
The potential — and hype — surrounding machine learning, artificial intelligence, and especially generative AI is everywhere. Some are predicting a full suite of “this changes everything” advances in all industries, for all professions, and for people in their public and private lives. This technology is unmatched at recognizing patterns in data, and its proponents…
Read MoreSustainability Taking Center Stage in 2023
Consumer interest in sustainability is becoming an increasingly important factor when choosing a brand, according to new research from data and analytics solution provider NIQ (formerly NielsenIQ). The company’s “Green Divide” report, which examined consumer preferences, attitudes, and behaviors around sustainability, found that 70% of consumers say sustainability is now more important to them when…
Read MoreFrozen Food Maker to Expand in California
Ruiz Food Products, Inc., a manufacturer of prepared frozen foods for distribution to retail, convenience stores, clubs, vending, industrial, and foodservice, is expanding its manufacturing footprint in Vernon, Calif., by 150,000 square feet. The expansion will include the addition of two buildings in Vernon, near the assets of Culinary International, LLC that Ruiz Food acquired…
Read MoreNestle Boosts Presence in Brazil Through Acquisition
Nestle SA has signed an agreement with Advent International to acquire a majority stake in the Brazilian premium chocolate company Grupo CRM. Financial details of the transaction were not disclosed. Grupo CRM manages a direct-to-consumer model that includes more than 1,000 “chocolate boutiques” under the Kopenhagen and Brasil Cacau brands as well as an expansive…
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