Bimbo Bakeries Usa

A California district court judge has denied the approval of a class-action settlement involving a Bimbo Bakeries USA labelling case. Pic: GettyImages/serggn

Court denies Bimbo settlement in alleged mislabelling case

By Gill Hyslop

A district court in California has repudiated a proposed class action settlement by Bimbo Bakeries USA (BBU) to two California residents who alleged the bakery giant had misbranded several of its baked goods.

Today (January 15) is National Bagels Day. Pic: GettyImages/Ozgur Coskun

To celebrate National Bagel Day

Conagra offloads bagel business to Bimbo

By Gill Hyslop

Conagra Brands has completed the divestiture of its Lender’s Bagel business to Bimbo Bakeries USA, a subsidiary of Mexican bakery giant Grupo Bimbo, for an undisclosed amount.

Grupo Bimbo Net posted flat sales year-over-year, mainly due to a stronger Mexican peso, volume pressure in North America and weaker consumption in Mexico, offset by sales growth in EAA. Pic: Grupo Bimbo

Grupo Bimbo posts soft sales

By Gill Hyslop

The world’s biggest bread maker reported higher prices and growing revenue headwinds in the US and Mexico contributed to flat net sales for its second quarter ended June 30.

Grupo Bimbo has successfully completed it voluntary redundancy program in an effort to create a leaner organization. Pic: Grupo Bimbo

‘Leaner’ Grupo Bimbo reports quarterly loss

By Gill Hyslop

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.’

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