Mondelez believes that the baked snack market has potential. “So for instance, we have a Petit-Beurre in Europe, which is a hard biscuit, but you have the soft version. Or, we now have the Cakesters of Oreo, which is the soft version of an Oreo. So first, it’s a natural expectant. (It’s) really normal that … Read more
The Smucker Food snack brand will be purchased by Second Natural Brands. Victor Mehren, CEO of Second Nature Snacks, stated, “We are extremely excited about the fantastic super-premium product that Shale Snacks adds to our range, significantly broadens our snack mix and nut portfolio, and unlocks significant new opportunities for us to help grow the … Read more
Third-quarter J&J Snack suffers yet another setback. NJ PENNSAUKEN — In contrast to the previous year’s third quarter net income of $30.87 million, or $1.64 per share on the common stock, J&J Snack Foods saw a loss of $12.65 million in the quarter that concluded on June 27. Due to the closure of a Midwest … Read more
Snack maker Like Air to appear on ‘Shark Tank’ Madison, New Jersey — A family-run snack firm called Like Air will be featured on ABC’s “Shark Tank” on Friday, January 19, 2024, from 8 to 9 PM E.T. In the American reality competition series “Shark Tank,” aspiring business owners who are looking for funding for … Read more