Lifeway Foods has turned down a higher bid from Danone, stating that the latest offer “significantly undervalues” the company. Last week, dairy giant Danone increased its offer to acquire the remaining shares of Lifeway to approximately $307 million, or $27…
Food News
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Highlights: The J.M. Smucker Co. recently inaugurated a new 900,000-square-foot facility in McCalla, Alabama for manufacturing Uncrustables sandwiches to meet the growing demand for the popular frozen sandwiches. This $1.1 billion facility is expected to generate up to 750 new…
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Ben & Jerry’s Lawsuit Against Unilever: A Fight for Advocacy and Integrity Ben & Jerry’s has taken legal action against its parent company Unilever, accusing the consumer goods giant of suppressing its efforts to support Palestinians affected by the conflict…
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Dive Brief: Nestlé is investing $150 million to expand its plant in Gaffney, South Carolina, focusing on single-serve frozen meals production and enhancing automation and digital technology. The U.S. frozen food market is growing rapidly, with Nestlé aiming to capitalize…
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Thanksgiving Turkey Monopoly at Risk as Demand Declines A recent report by CoBank suggests that the traditional turkey monopoly on Thanksgiving dinner may be in jeopardy as consumers explore alternative protein options such as beef and pork. The report indicates…
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Glass Packaging: The Consumer Choice Consumer demand for glass-packaged products is on the rise in grocery stores, but supply hasn’t kept up. A study by O-I revealed that while consumers prefer glass packaging, 66% of them cited a lack of…
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Dive Brief: Beyond Meat has introduced its latest Sun Sausage product at Whole Foods stores across the country, marking a significant expansion for the company. Sun Sausage is not just another imitation meat product, but rather a unique alternative protein…
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Key Highlights: Tyson Foods reported a strong finish to its fiscal year, with improvements in the chicken business offsetting ongoing beef challenges. Sales increased by 2% to $13.6 billion in the fourth quarter, driven by high demand for beef and…
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According to a new report, supermarkets have a great opportunity to increase the popularity of their private label brands as consumers become more familiar with them. Brands like H-E-B, Costco’s Kirkland Signature, 365 by Whole Foods Market, Trader Joe’s, and…
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Food News
Leftovers: Flipz debuts festive pretzel flavors | Barebells bites into peppermint protein bars
Leftovers is our look at a few of the product ideas popping up everywhere. Some are intriguing, some sound amazing and some are the kinds of ideas we would never dream of. We can’t write about everything that we get…