RSS Food And Drink news

Whole Foods Market

NYC Charges Whole Foods for Overpricing on Prepackaged Products

The New York Department of consumers Affairs charged Whole Foods Market on Wednesday for overstating the weights on some prepackaged products and overpricing them in the company’s stores in the city. The department said that the test inspected by officials on 80 different prepackaged products bought under the company’s nine New York stores showed that […]


FTC Rejects Merge between Sysco and US Foods

Sysco – the nation’s largest food distributer lost a battle with the US government Federal Trade Commission. On Tuesday, the Federal judge ordered a preliminary injunction to stop Sysco’s proposed merger of the nation’s biggest food distribution entity. Now, Sysco could not merge with the US foods, without ago-ahead from antitrust enforcers. The decision is a […]

Niagara Bottling

Niagara Bottling recalls 14 bottled water brands after detecting E. coli

Niagara Bottling LCC, a Canada-based bottled water producer company is voluntarily recalling several brands of bottled water after it has detected E. coli in one of its source of contaminated bottled water. The voluntary recall of brand is for all Spring Water products produced at Pennsylvania manufacturing facilities, during June 10-18. The company said that […]

ConAgra Foods

Activist investor Jana Partners targets ConAgra Foods

Activist investor Jana Partners is targeting ConAgra Foods Inc. – giant packaged-food company, threatening to nominate three directors in the wake of the food company’s unexpected merge with Ralcorp Holdings Inc. Jana Partners LLC – a hedge fund chaired by Barry Rosenstein that has disclosed a new active investment of about 7.2 per cent in […]

Martha Stewart Living Omnimedia

Martha Stewart Living Omnimedia nears deal to sell company to SQBG

After building a large empire on satin bows, fondant layers cakes, and fluffy-chive blossom arrangement, Martha Stewart is in search for a new home. According to people familiar with the matter, Martha Stewart Living Omnimedia Inc. is close to a deal to selling itself to Sequential Brands Group, an acquisitive retail-licensing company. Martha Stewart Living’s […]


Starbucks Unveils Mobile Ordering App for Customers

On Tuesday, the Seattle-based coffee chain – Starbucks Corp. launched mobile ordering program in more than half of its stores, it owns in US. The company stated that customers can order and pay for their ordered beverages at more than 4000 locations, ahead of its time via mobile ordering app. Earlier in this year, Starbucks […]


Delivery Hero will consider an IPO Call by next year

Germany’s Delivery Hero will consider an IPO Call by next year, on Monday. The company has raided a massive round of funding, valuing it at $3.2 billion. The company’s CEO Niklas Ostberg is reticent regarding the funding source, and declining to confirm who invested. But, the company does know that it worth at $110 million (£72.2 […]

Hotel industry

Hotel industry hits all-time high in the US Economy

Hotel industry signifies a good amount of growth rate in the US economy. The first notification was signaled by Bill McBride at Calculated Risk, in April, where he stated that all of the major metrics measuring the hotel industry have hit an all-time high. Senior Vice President at STR-Jan Freitag revealed in an interview that […]


Woolworths calls off AU$1 Million in E-Gift Cards after Massive Data Breach

Woolworths had been forced to call off about $1.3 million worth e-gift cards after a massive data leak when sending an email to customers. Last week, it discovered that it had mistakenly emailed codes of about 8000 gift cards to customers, who had purchased it through discount website- Groupon. Attached to an email sent to […]


Amazon to Add Food Products to Its Fledging Line Up Of House Labels

The e-commerce leader- is aiming to add food, cereal, and baby products to its fledging line up of house label. The company’s strategic move seeks to capitalize on grocery delivery services and customers’ evolving acceptance of store brands. Amazon is getting ready to take off its flight with the likes of Target and Wal-Mart […]

Reynolds American

Reynolds American gets approval from FTC to buy Rival Lorillard

On Tuesday, Reynolds American, one of the biggest cigarette makers won U.S antitrust to buy smaller portion of rival Lorillard with a contract, which would merge the No. 2 and No. 3 U.S. cigarette companies. The Federal Trade Commission stated that it would allow the mergers to go forward on a condition that the cigarette […]

Applegate Farms LLC

Hormel acquires organic meat producer Applegate for $775M

Austin, Minnesota-based Hormel Foods Corp on Tuesday said it would buy organic and natural meat processor Applegate Farms LLC for about $775 million to cater to consumers who increasingly prefer natural and organic foods in their diet. The deal is expected to close in two months. Applegate is been considered a great deal because of […]

Pinot Noir Celebrates 50th Golden anniversary in Willamette Valley

Pinot Noir Celebrates 50th Golden anniversary in Willamette Valley

The founding families of the Oregonian/OregonLive are celebrating its Pinot Noir grape’s 50th anniversary that is planted in Willamette Valley. Nancy and Dick Ponzi have changed the way Oregon drinkers, as they were the one of the founding families of Oregon’s pinot noir scene. Initially, the two guys didn’t earn much with their wine business. It […]

Hershey Meat Snacks Business

Hershey plans to further drive into in Snacks Business

One of the largest chocolate manufacturing brands in North America, The Hershey Company, after acquiring KRAVE Jerky in January, and finalizing the deal recently, has announced to further dive into snack businesses. Earlier this year, it was reported by a source that Hershey is catapulting into meat snacking segments, after getting business approval with KRAVE […]

Burger Chain Wendy’s to sell off 640 restaurants in US and Canada

Burger Chain Wendy’s to sell off 640 restaurants in US and Canada

Popular burger chain, Wendy’s restaurant, announced to sell off its 640 restaurants to U.S. and Canadian franchises. The company revealed on Wednesday that it is going to sell its bakery operations located at Ohio, Zanesville by this month, where it bakes buns. The bakery supplies sandwich buns to other franchises, and to the lesser extent, […]

Dean Foods unifies its labels under one national milk brand

Dean Foods unifies its labels under one national milk brand

Dean Foods, the largest milk processor of the US country is unifying its labels under one national milk brand. Soon, American folks will enjoy delicious flavored-milk product that will be available in the US regional markets. The Dallas-based milk manufacturing company is placing all its 31 regional brands under one national umbrella with an attempt […]

Australia’s Domino’s Plans Uber-inspired Pizza tracker app

Australia’s Domino’s Plans Uber-inspired Pizza tracker app

Australia’s Domino’s Pizza Enterprise recently planned for an Uber-inspired delivery tracker. The company holds master-franchise rights to the Domino Brand’s located at Australia, Japan, France, New Zealand and The Netherlands. Australia’s Domino’s Pizza Enterprise is the first company that will allow its customers to track their pizzas’ journey at their doorstep using smartphones, TV screens […]

McDonald's set to reveal its turnaround plans to restore its struggling operations

McDonald’s set to reveal its turnaround plans to restore its struggling operations

McDonald’s is set to unveil its much-anticipated turnaround strategy to revive its dwindling business on Monday. After six straight quarters of same-store sales declines in the US, McDonald’s chief executive Steve Easterbrook has stepped in to take charge of the world’s biggest fast food chain. He is expected to provide a detailed view on his […]

FoodPanda raises $100MN led by Goldman Sachs and Rocket Internet

FoodPanda raises $100MN led by Goldman Sachs and Rocket Internet

A German-Berlin based global online food delivery portal company, FoodPanda /HelloFood raised USD 100 millions led by Goldman Sachs Investment Company and other existing investors such as Rocket Internet, iMENA Holdings, Phenomen Ventures and Investment AB Kinnevik. Till now, the company has raised its fund to $310 Million since its launch in 2012. FoodPanda is […]