Mexican bakery giant Grupo Bimbo reported a massive 87% second-quarter revenue decline after it took a 1,960m pesos ($105m) charge for a voluntary redundancy program to create a ‘lean organization design.’
Mondelēz has reported growth across all regions in Q2 ending June 30, although its topline was negatively impacted by the recent truckers' strike in Brazil.
Stroopwafels were a European novelty in the US a decade ago, but the increasing amount of new entries to the category in the past few years only means one thing: Americans’ demand for stroopwafels is limitless, according to Brand Passport.
Halen Brands has unveiled its latest better-for-you snacks platform, From The Ground Up, which currently offers cauliflower-made pretzels and crackers.
Utz Quality Foods and Good Health Natural Products are facing a potential class action alleging that labeling their line of vegetable snacks are 'Made with Extra Goodness!" is deceptive.
The baker – which makes cakes under licensed brands such as Disney, Thorntons and Mary Berry, as well as artisan breads for supermarkets, restaurants and cafes – has posted a 3.4% decline in full year revenue, citing increasing ingredient costs and a...
Nai Kang Kuan told BakeryandSnacks the inspiration for his ¡YAPPAH! protein crisps – launched by Tyson Foods to fight food waste last month – came from his experience as an immigrant.
The Minneapolis, US-headquartered food giant is counting on a swathe of new products – ranging from cereals to power bars – to boost growth in the coming year.
