While at one point in time, food packaging’s sole purpose may have been to contain product to keep it safe and fresh, as well as allow for distribution and merchandising, its role has become so much more. And it continues to evolve. That was the foundation of the Global Midwest Alliance’s May 29 seminar, “Fresher,… read more
Former Starbucks CEO Howard Schultz says he’s taking a “detour” from a possible independent presidential bid. The billionaire businessman cited health concerns in a message to supporters, and says he’s taking the summer to rest and will revisit his presidential ambitions after Labor Day. Two aides who spoke on the condition of anonymity to share… read more
FFL Partners is exploring options, including a sale, for fast-food chain Church’s Chicken, according to people familiar with the matter. The San Francisco-based firm is working with an adviser to drum up interest from potential buyers for the chain. It’s seeking around $350 million or more in any transaction, said the people. Representative for FFL… read more
Activist investor Vintage Capital, which holds 1.5 million shares or about 12 percent of Red Robin’s stock, has offered to buy the remaining 88 percent of the struggling burger chain. Vintage proposed an all-cash transaction worth $461.4 million. In a letter to Red Robin, Vintage called on the brand to begin auctioning off the company. Vintage offered… read more
Genetically engineered (G.E.) wheat plants have been discovered in an unplanted agricultural field in the U.S. state of Washington, according to the Animal and Plant Health Inspection Service (APHIS) of the U.S. Department of Agriculture (U.S.D.A.). According to the agency, the G.E. wheat in question is resistant to glyphosate, commonly referred to as Round Up…. read more
Stakeholders in the manufacture, distribution, use and regulation of products containing cannabis or cannabis-derived compounds, such as cannabidiol (C.B.D.), had their say before a panel of Food and Drug Administration officials during a daylong public hearing held May 31 at the agency’s White Oak Campus in Silver Spring, Md. More than 400 individuals and associations… read more
Jack in the Box Inc. said it will challenge a jury verdict that earlier this week ordered the chain to pay more than $15 million in damages in an employee wrongful termination lawsuit. The verdict was made in Los Angeles Superior Court on June 11, according to the company’s June 13 filing with the Securities… read more
By Phyl Bean – Ladders Here are some lessons I’ve learned during my half-century on this planet. Life goes by really, really fast, but it’s better after 50. Here are some lessons I’ve learned during my half-century on this planet: 1. Be kind. The benefits of being kind—or at the very least courteous—far outweigh the… read more
By Art Markman – Ladders How you decide what should be included depends a little on knowing about how people evaluate the information they get from you. Consider two possibilities. When you are applying for jobs, you want to stand out, but you aren’t given much of a chance to do so. You may be… read more
To Our Valued Subscribers: My colleagues and I really enjoyed seeing so many of you at “The Show.” We hope you all had a safe and uneventful trip home as well. It is always a pleasure to renew old acquaintances and make new industry connections. I hope your time in our city was productive and… read more