[ad_1] THOMASVILLE, GA. — Despite a tough market for premium and super premium bread in 2023, Dave’s Killer Bread in 2023 enjoyed a 10% increase in unit volume growth and achieved sales of $1 billion in tracked channels, said A. Ryals McMullian, chairman and chief executive officer of Flowers Foods, Inc. In Feb. 8 remarks […]

[ad_1] CHICAGO — Many consumers put packaging waste and, more broadly, concerns about sustainability on the back burner during the pandemic. But reducing packaging waste has returned as an attribute that is influencing purchasing decisions. Consumers recognize packaging is a necessity; that it helps ensure product quality and safety, while communicating nutrition information and preventing […]

[ad_1] NEW YORK — The private equity company Clayton Dubilier & Rice (CD&R) has completed its acquisition of Shearer’s Foods from its majority shareholder the Ontario Teachers’ Pension Plan Board, Toronto. Terms of the acquisition were not disclosed. Shearer’s Foods is a contract manufacturer and private label supplier of salty snacks, cookies and crackers that […]

[ad_1] CHICAGO — Kellanova is closing two plants — one in the United States and one in the United Kingdom — as part of an effort to drive increased productivity and efficiency. In the United States, Kellanova will close its Eggo frozen food facility in Rossville, Tenn., by the end of 2024 with production shifting […]

[ad_1] THOMASVILLE, GA. — Flower Foods, Inc. is poised to begin repurchasing about 350 distribution rights, perhaps beginning in the first quarter of this year, executives of the company said. An update on the impending process was shared by Flowers executives in connection with financial results for the fourth quarter of 2023 and guidance for […]

[ad_1] CHICAGO — While 2023 was a year of pullback on innovation at The Kellogg Co., 2024 is set up to feature a return to a full complement of innovation, brand building and merchandising for recently spun-off Kellanova, executives said during a Feb. 8 conference call with securities analysts. A return to innovation is part […]

[ad_1] LAKEVILLE, MINN. — Hip-hop stars Calvin “Snoop Dogg” Broadus and Percy “Master P” Miller have filed a lawsuit against Post Consumer Brands and Walmart, alleging that both companies sabotaged their cereal brand, Snoop Cereal. According to the complaint filed Feb. 6 in the District Court State of Minnesota, Post reached a profit-sharing agreement with […]

[ad_1] THOMASVILLE, GA. — Coming off a challenging year in 2023, Flowers Foods, Inc. anticipates flat to modestly higher sales and adjusted earnings per share in the new year. Announcing results for the 12 months ended Dec. 30, 2023, Flowers’ management said the outlook for the second half of this year is particularly cloudy because […]

[ad_1] SANTA ROSA, CALIF. — A La Tortilla Factory (LTF) plant in Santa Rosa will close on March 31 with production shifting to another company plant in Moundridge, Kan., according to Flagship Food Group, LLC which owns a large stake in La Tortilla Factory. Flagship Food said the decision to close the California plant came […]

[ad_1] ST. LOUIS — Fiscal 2023 was a year of progress on Bunge Global SA’s long-term strategy, highlighted by shareholder approval for its pending combination with Viterra; announcement of a pending acquisition of CJ Selecta, a Brazilian-based manufacturer and exporter of soy-based products; and ground-breaking ceremonies at the company’s new soy protein concentrate plant in […]