Effort moves to grow state’s future of healthy food, economic development
June 17, 2015
The lack of access to affordable and nutritious food has serious implications for the health of our children and families—more than 30 percent of Michiganders are obese, the second highest rate of obesity in the Midwest region. Communities of color are disproportionately impacted.
Company grows smoothie outfit to more than 400 locations worldwide
June 16, 2015
Scottsdale-based Kahala Brands™, a participant in the QSR industry, announced that it now controls 100 percent of the Planet Smoothie® (www.planetsmoothie.com) and Tasti D-Lite™ (www.tastidlite.com) franchise brands headquartered in Brentwood, Tenn.
Co-founder and CEO resigns, board initiates search process for permanent CEO
June 15, 2015
Boulder Brands, Inc. announced that Steve Hughes has resigned as Chief Executive Officer and as a member of the Boulder Brands Board of Directors effective immediately. The Boulder Brands Board of Directors has appointed James B. Leighton, the Company's Chief Operating Officer, to serve as Interim CEO, effective immediately. Mr. Leighton has served as Chief Operating Officer since October 2013 and has been a member of the Boulder Brands Board of Directors since August 2007.
Previous studies have shown that the brains of obese people have a greater response to pictures of food than those of lean people
June 12, 2015
This study, presented at the American Diabetes Association's 75th Scientific Sessions, sheds light on how GLP-1 receptor agonists alter the brain's response to food, possibly reducing cravings and increasing satisfaction while eating.
Transaction moves company closer to better-for-you branded and private label snack products
June 12, 2015
Permira, a international private equity firm, announced that a company backed by the Permira funds has signed definitive agreements to simultaneously acquire Medora Snacks, LLC (“Medora”) and Ideal Snacks Holding Corporation (“Ideal”).
Healthy economic growth, changing demographic profile, increasing disposable incomes, and changing consumer tastes and preferences are key factors influencing growth
June 11, 2015
According to a new market report published by Transparency Market Research "Specialty Ingredients Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2015 - 2021," Global Specialty Ingredients Market was valued at USD 205.2 billion in 2014, growing at a CAGR of 6.6% from 2015 to 2021 to account for USD 320.6 billion in 2021.
Move extends company’s presence in faster-growing packaged fresh category
June 10, 2015
Campbell Soup Company announced it has entered into an agreement to acquire the assets and business of Garden Fresh Gourmet for $231 million. Garden Fresh Gourmet is the No. 1 branded refrigerated salsa in the U.S. and also makes hummus, dips and tortilla chips.
85% of tea consumed in America is iced tea, and loose leaf iced tea is gaining in popularity
June 10, 2015
To celebrate National Iced Tea Month, Teavana is encouraging iced tea drinkers to reimagine and up-level their iced tea experience, with an invitation to come in to a participating Teavana® store to learn how to easily make iced tea at home and enjoy a free 16-ounce Pineapple Berry Blue iced tea on National Iced Tea Day, June 10, while supplies last.
How big food and beverage companies can remain relevant to U.S. consumers
June 9, 2015
Bank analysts predict that unless large F&B brands take bold action, they run the risk of following baby boomers (once their core consumer) into retirement.
New investment comes on the heels of the company’s announcement to nearly double its natural and organic sales to $1 billion by 2020
June 9, 2015
General Mills is investing $50,000 to support the Canada-based Prairie Organic Grain Initiative (POGI), a multi-year program aimed at building resiliency and stability in the organic field crop sector while increasing the quantity and quality of organic field crops in Canada.