B&G will retain the brand trademarks, the Green Giant frozen and Canadian businesses, and the Le Sueur product line. B&G Foods Inc. has sold the Green Giant shelf-stable vegetable product line to Seneca Foods Corp., according to a company release. The transaction does not include Green Giant frozen, Green Giant Canada or Le Sueur products,… read more
Food & Beverage News
Smucker’s Closes Hostess Acquisition, Announces Leadership, Structural Changes
The J.M. Smucker Co. announces a shuffling of business units and leadership changes to incorporate the new Hostess businesses and brands. Following the closing of the acquisition of Hostess Brands, The J.M. Smucker Co. has created a new business unit called “Sweet Baked Snacks” and named Dan O’Leary senior vice president and general manager of… read more
Wonder completes acquisition of Blue Apron for $103M
Customers can now order Blue Apron meal kits in Wonder’s app for pickup and delivery. Virtual food hall concept Wonder on Monday completed its acquisition of meal kit company Blue Apron for $103 million, or $13 a share. The deal takes the struggling Blue Apron private and gives Wonder a new revenue channel as it… read more
Amy’s Kitchen adds family-size entrees
Amy’s Kitchen is adding a new mealtime solution to the freezer aisle with the launch of six family-size entrees. Featuring a new packaging design, the entrees are ideal for three to four people and come in six varieties, including: Cheese enchiladas — Organic corn tortillas filled with a blend of cheeses, topped with olives and… read more
Popeyes puts a spin on its chicken sandwich with Truff
Popeyes’ new chicken sandwich features Truff’s Spicy Mayo and is now available at restaurants nationwide. Popeyes has launched a new variation of its wildly successful chicken sandwich through a partnership with Truff, a Southern California-based hot sauce brand. The new Spicy Truff Chicken Sandwich is now available in restaurants nationwide and for delivery for $5.99…. read more
Hormel Accelerates Strategy into Commercial Foodservice
The Hormel Food Corp.’s stable of brands, most notably Hormel, Jennie-O, Planters, Skippy and SPAM are synonymous with retail. But during the past 30 years, the company has developed new brands, been making inroads into foodservice, and is accelerating its push into the category with Foodservice 3.0, its latest go-to-market strategy. The foundation of Hormel’s… read more
Food Health and Safety Compliance is not as Vigilant in a Post-Pandemic World
Hazel Analytics data unveiled at the 2023 Food Safety Symposium reveals that handwashing and temperature control are areas in need of improvement. During the peak years of COVID-19, hygiene was king, and everyone—from restaurant workers to people bringing in packages from outside—was meticulously washing their hands for 30 seconds many times a day. But pandemic… read more
Brighter Outlook Seen for Global Poultry Market
While the global poultry industry has undergone several months of slow growth, according to a recent Rabobank report, improved demand and lower costs are expected to come in the fourth quarter of 2023 and in early 2024. Global poultry market growth in 2023 will likely only improve by 1.2% — well below the 2.5% historical… read more
New Technologies Arrive in Clusters. What Does That Mean for AI?
The potential — and hype — surrounding machine learning, artificial intelligence, and especially generative AI is everywhere. Some are predicting a full suite of “this changes everything” advances in all industries, for all professions, and for people in their public and private lives. This technology is unmatched at recognizing patterns in data, and its proponents… read more
Sustainability Taking Center Stage in 2023
Consumer interest in sustainability is becoming an increasingly important factor when choosing a brand, according to new research from data and analytics solution provider NIQ (formerly NielsenIQ). The company’s “Green Divide” report, which examined consumer preferences, attitudes, and behaviors around sustainability, found that 70% of consumers say sustainability is now more important to them when… read more