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.
