Grow-NY is now taking entries for its startup challenge. Startups in the food and agriculture industries are invited to apply for the Grow-NY business competition, which was launched to encourage economic growth and entrepreneurial opportunities in upstate New York. A total of twenty finalists will be chosen to get connections to the resources in the … Read more
A slide show: Taco Del Mar, Fuzzy’s Taco Shop for goods, and Qdoba’s updated menus Just in time for fall, fast-casual Mexican restaurants are adding limited-edition items to their menus. This fall, Qdoba will be serving its loaded tortilla soup again for a short period of time. In addition to roasted tomatoes, peppers, onions, and … Read more
Hershey benefits from pricing when volume declines. According to president and CEO Michele G. Buck, “increased levels of competitive innovation within both the chocolate and sweets categories” contributed to the company’s latest quarter’s market share decline for Reese’s and Twizzlers. During an earnings call on July 27, Ms. Buck stated, “I think many folks have … Read more
Lancaster was Colony anticipates growth in the 2024 fiscal year. WESTERVILLE, OH — Despite a dismal year-end performance, Lancaster Colony Corp. executives stated that the company is ready for growth in the upcoming year and that the factors affecting results at the end of fiscal 2023 have passed. Positive momentum for the company’s New York … Read more
Many sustainability benefits are seen in the baking industry. Dallas — At Nexus, an event co-produced by the Baking Equipment and Allieds (BEMA) organization and the American Bakers organization, a baker and an allied supplier shared with the audience the various benefits—some unexpected—that come from approaching sustainability with intentionality. Sustainability in Baking: Pursuing Greener Practices … Read more
Sargento views snacking as a chance for development. Chicago Sargento Foods Inc., a cheese manufacturer located in Plymouth, Wisconsin, is commemorating its 70th anniversary while adhering to its primary business plan. Sargento is a third-generation family business that has never sold processed cheese and has no intention of breaking into the plant-based cheese industry. Its … Read more
With its quality flavours and variety, United Sodas is revolutionising the industry. Brooklyn, New York — A Brooklyn-based soft drink firm that has gained celebrity support offers twelve flavours, including pear elderflower, blackberry jam, and cherry pop. United Sodas of America, Inc. was established a year ago and provides a variety of carbonated drinks in … Read more
High-end, personalized coffee trends for at-home consumption Kansas City To spur development, producers of coffee products for consumption at home are leveraging novel forms and leveraging consumer trends such as personalization and premiumization. Benefiting from limitations imposed during the pandemic and the shift to remote work, the at-home coffee business saw notable expansion in recent … Read more
Keurig Dr. Pepper is expanding across several beverage lanes. Boston — Michael Phelps, the gold medallist at the Olympics, might not agree, but Robert J. Gamgort prefers to swim in different lanes. When Mr. Gamgort, the chief executive officer of Keurig Dr Pepper, Inc., spoke on September 6 at the Barclays Global Consumer Staples Conference … Read more
As sales decline, B&G lowers the price of Crisco. NJ — PARSIPPANY B&G Foods, Inc. executives are keeping an eye on the effects of price threshold crossing on brand sales. President and CEO Kenneth C. Keller stated, “There’s no doubt as you cross a threshold that consumers behave a little bit differently,” during a teleconference … Read more