Late last year, Loblaw Companies Limited and parent company, bread producer George Weston Limited, sent shockwaves throughout the Canadian retail system by admitting to a scheme to increase the price of packaged bread that went on for over 14 years.
Canadian bakery owner George Weston and retailer Loblaw have avoided criminal prosecution by immediately reporting anti-competitive activity to the Competition Bureau.
The bakery and snacks industries saw a year of significant development beset with scandals, lawsuits and momentous personnel changes, but also crammed with promising deals, innovation and commitments.
Grupo Bimbo has completed the integration of East Balt Bakeries, opening a new division that will boost the Mexican bakery giant’s global growth strategy in ‘high-potential’ markets and sectors.
A judge for the US district court of Utah awarded Bimbo Bakeries $2.1m in damages after it ruled that United States Bakery (USB) had committed trade secret misappropriation and false advertising.
Bakery giant Bimbo Colombia has officially opened its second multi-million bakery facility with four production lines in Tenjo, about 20 miles outside of Bogotá.
Gluten-free has moved from trend to mainstream. BakeryandSnacks reviews the demand and its demise in certain areas, as well the confusion and the rising number of contentious health risks.
Grupo Bimbo has acquired East Balt Bakeries from One Equity Partners for $650m to give the Mexican conglomerate entry into eight new countries in Asia, the Middle East and Africa.
Bread makers should use nutritional add-ons like protein and fiber to appeal to health and fitness-conscious consumers who shy away from buying bread because of carbs, says Mintel.
Mexican bakery conglomerate Grupo Bimbo is inviting food entrepreneurs to submit project proposals to be part of its newly-formed innovation accelerator.
As the US bows out of Paris Agreement, Mexican multinational Grupo Bimbo S.A.B. de C.V. reiterates its commitment to lessen its impact on the environment.
The Mexican bread giant’s US subsidiary, Wholesome Harvest Baking, is investing $22.1m in its Roanoke, Virginia, factory to install a new production line for its artisanal bread range.
Baking ingredients producer, Bellarise, has developed a new yeast product that can help 'lean' dough increase its gassing power by 30% and cut proof times by up to 15%.
Union members at Multi-Marques, the Québec-based arm of Canada Bread, have demanded $6m in pension repayments for the 15 years the company is accused of cutting employee benefits.
Grupo Bimbo has acquired a Colombia-based frozen bakery firm, Panattiere, CEO Daniel Servitje announced during the recent financial results conference call.
Grupo Bimbo is expected to maintain growth after the death of the Mexican bakery magnate Don Lorenzo Servitje Sendra, who founded the company in the 1940s, says an analyst.
General Mills, Grupo Bimbo and Hostess post dramatically different sales results
Bimbo Bakeries USA-owned Entenmann’s brand has added chocolate party cakes to its Little Bites’ line as a new “seasonal favorites” product, the company announced in a statement.
Global food and drinks businesses including General Mills, Kellogg, Mars, Nestlé and Unilever have pledged to reduce trans fatty acids to “nutritionally insignificant levels” by the end of 2018.
Grupo Bimbo says it now has a major opportunity to boost the efficiency and productivity of its US and Canada business after concluding restructuring work.
Increased marketing investment and more effective promotional activity has helped drive a 21% year-on-year hike in net sales of Grupo Bimbo’s North American business.
US trade bodies the American Bakers Association (ABA) and the Biscuit and Cracker Manufacturers’ Association (B&CMA) are exploring the possibility of a merger.
Here we present an overview of the retail sales performance of the largest suppliers in key sectors of the US baked goods market in 2015 - with IRI data revealing the winners, the losers and the sweet spots.
Rapid urbanization and rising demand for convenient and gluten-free foods foods has been tipped to drive more than $3bn growth in the Asia-Pacific (APAC) bread and rolls market over the next five years.
A savvier group of customers want healthier products with fewer preservatives and ingredients, a trend one bread executive says will continue for a long time.
Bimbo Bakeries USA is recalling six brands of bread products after a broken light bulb at one of its bakeries means they could be contaminated with fragments of glass.
Grupo Bimbo’s acquisition of Saputo Bakery is a surprise because the Canadian packaged cake firm is unprofitable and struggling, says Euromonitor International.
The secret to successful innovation is about taking risks, being open to failure and trying again, says the vice president of innovation at Grupo Bimbo.
