Less than four years after acquiring Bantam, Lancaster Colony food company has made the decision to exit the business, based on its financial underperformance, but compounded by a raft of current challenges that dented Lancaster’s bottom line.
The forecourt and fast food empire owned by Mohsin and Zuber Issa has scooped up Cooplands, adding the UK’s second largest bakery chain to its growing portfolio of brands that includes Greggs, Starbucks, KFC and Subway.
New York-based RIND has closed a $6.1m Series A capital raise led by Valor Siren Ventures (VSV), a major investor in early-stage companies in sustainability, food, food technology, retail and retail technology.
What started as one man’s roadside jerky has become one of the bestselling premium jerky brands in America. BakeryandSnacks caught up with Country Archer’s new VP of marketing at the National Association of Convenience Stores (NACS) annual expo.
Starbucks' shift into the consumer packaged goods (CPG) space with French brand La Boulange won't happen for a considerable time and when it does it will face stifling competition, according to an analyst.
The Starbucks Coffee Company has acquired US bakery firm Bay Bread and its La Boulange brand giving it scope to roll-out branded baked goods in selected US retail stores over time.
Starbucks has promised to use beverage packaging containing 10 per
cent recycled material from 2005, though environmentalists have
criticised the corporation's commitment.
Starbucks Coffee has formed a partnership with a US development
agency and environmental conservationists to help ensure a
sustainable supply of high quality coffee from Latin America.
