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 […]
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 […]
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 […]
Dutch Brewing Company, Heineken NV, which currently ranks as the third largest brewer in the world, revealed in an official announcement today that it has agreed to sell its packaging business in Mexico to Crown Holdings Inc. The financial particulars of the deal haven’t been disclosed yet, however, the agreement is pending regulatory approval and […]
In a unanimous decision last week, the Supreme Court ruled that consumers may possibly be misguided and tricked by the labeling on Minute Maid’s Pomegranate Blueberry flavored juice blend. The Supreme Court granted that POM Wonderful can sue Coca-Cola with a lawsuit alleging false advertising to trick consumers, capturing a large share of POM’s pomegranate […]
We’ve all tweeted at least once in our life, how coffee is our only alarm clock, right? And we all share the same philosophy, no humans before coffee, no coffee – no wakey. Looks like Nescafé has just the thing to make it all easy: a lid with a built-in alarm clock! The alarm lid is developed […]
As a part of on-going effort to improve its recipes Subway proclaimed that it will be removing a harmful chemical Azodicarbonamide. Popular food blogger Vani Hari, who runs FoodBabe.com deserves credit for launching a petition this week urging Subway to stop using the chemical which is banned all over the globe. Azodicarbonamide is a yellow […]
3D Systems (DDD) announced a partnership with The Hershey Company last Thursday, in order to collaborate on creating a 3-D food printer that will be able to produce printed edible chocolates and other products.
Coca-Cola‘s pro-active green practices and adoption of sustainable and ecological positive processes are again in the limelight. Calling their campaign ‘Live Positively,’ the company has integrated this with its core business plan. The policy will address environmental, workplace as well as community and product needs. Heading Coca-Cola’s ‘greening’ brigade is affable CEO Muhtar Kent, a personable businessman who wears sustainability on his sleeve.
Robinsons Fruit Shoot from Britvic is an immensely popular brand among the parents and is worth nearly £96m for a year. The Fruit Shoot Hydro another own brand of the Britvic was launched only last year with a quality marketing campaign that cost the company as much as £2.5m. Last week reports from Britvic suggested that the recall of the brands was only a precautionary measure and would not hurt them too much.
The green and white seal, which shows the stylized outline of a human figure with its arms spread toward the sky, is the icon for ‘Great for You’ label. If you cannot figure out which foods at Wal-Mart are healthy for you, Wal-Mart, the world’s largest retailer, will make it obvious by placing its new ‘Great for You’ label right on the package.