Caribou Coffee is being taken private by a German holding company in a deal valued at about $340 million. The coffee chain, which has 610 locations in the U.S. and overseas, said Monday that it will continue to operate as an independent company with its own brand and management team once the buyout by Joh. A Benckiser Group GmbH closes.
A Springfield chocolate company has started selling rice from the small village in east Africa that supplies the company with its cocoa beans. Askinosie Chocolate has begun selling bags of rice from the Tanzanian village of Kyela, which is where owner Shawn Askinosie gets the cocoa beans for the company's line of chocolate bars.
Poultry farmers in Nepal have stopped trucks importing chicken from India for KFC restaurants and destroyed the cargo. Nepal has banned chicken from India since bird flu broke out in India four years ago. Chief government administrator of Dhading district Bed Prasad Kharel says farmers stopped and seized two trucks bringing the frozen chicken to Nepal's capital, Katmandu, on Saturday.
As sugar-conscious Americans continue to shy away from fruit juices, Tropicana is using vegetables for the first time in recent history with a new drink called "Farmstand" set to hit shelves next month. By marketing the juice as a way for moms to sneak some veggies into their kids' diets, the division of PepsiCo Inc. is betting that carrots and beets can give it a new avenue for growth.
At the crossroads that marks the center of the three-century-old New England postcard town of Newton, Conn., stands a flagpole that's a kind of barometer. In the wake of the tragic elementary school shooting, the community is banding together, with area restaurants and other businesses lending a helping hand.
What happens in a store and what drives consumers to choose one store over another have everything to do with what happens before they get there and very little to do with most of the marketing and merchandising strategies and tactics currently in play.
Ocean Beauty Seafoods has announced a precautionary recall of two cold-smoked salmon products because of possible Listeria contamination. The products were distributed in 12 states. The products are the 3-ounce Nathan's Brand Cold Smoked Atlantic Salmon and the 4-ounce Lascco Cold Smoked Nova Atlantic Salmon.
There are five zones off the New England coast drawn in varying angles and shapes, all rich with fish, or at least they were at one time. It's why regulators looking to preserve valuable species closed these areas to certain kinds of fishing year-round, beginning in the 1990s. Two decades later, a fishing industry in crisis wants to get back in.
A trifecta of developments has created the critical shortage: aging cabernet vines are due for replacement, demand is rising due to the improving economy and some growers are prepping their vines for mechanization.
The head of a new North Dakota-based sunflower business says he believes the company's new plant in Lubbock, Texas, is the most technologically advanced sunflower seed roasting facility in North America. SunGold Foods CEO Bob Majkrzak presided over a ribbon-cutting ceremony Friday at the facility.
Diet Pepsi is quietly changing its sweetener ahead of a major rebranding of the soft drink set for next month. The change comes as PepsiCo Inc. looks to reinvigorate its namesake brands after losing market share to Coca-Cola Co. in recent years.
Napa Valley has an uncommon problem these days: Not enough new grape root stock to go around. Commercial nurseries were caught short by a trifecta of developments: aging vines planted after a deadly phylloxera outbreak of the 80s, the demand created by an improving economy and move toward grape plantings that allow some mechanization.
Feds are considering opening long-closed fishing areas in the Northeast. Those involved in the fishing industry in the area are debating the best way to limit over-fishing while ensuring the livlihood of local fishermen. Here's the position of Maggie Raymond, a fishing boat owner from Maine.
Urbanspoon, the leading mobile restaurant discovery application and reservation management system, today released its list of America's Most Popular New Restaurants of 2012 , highlighting the 50 most sought-after restaurants across the U.S. to open this year.
The Coca-Cola Co.'s biggest franchise bottler, Coca-Cola FEMSA, said Friday that it has agreed to buy a 51 percent stake in Coca-Cola Bottlers Philippines Inc. for $688.5 million in cash. Coca-Cola FEMSA is based in Mexico and distributes Coca-Cola products throughout Latin America. The deal allows the bottler to expand beyond that region while capturing one of the company's biggest markets.
Brazil says China and South Africa have banned imports of its beef because of fears of mad cow disease. The Agriculture Ministry says China and South Africa told Brazil they are temporarily suspending beef imports from the world's second largest exporter of the product. Japan did the same earlier this month.
One of the state's largest vegetable farms reached a settlement with former employees who claimed they were discriminated against because of their race or national origin. Hamilton Growers Inc., which has done business as Southern Valley Fruit and Vegetable Inc., agreed to pay $500,000 in a suit filed by the Equal Employment Opportunity Coalition.
A promotion earlier this month by Gloria Jean's Coffees International offered a free second drink to women who measure at least 1.65 meters, or about 5 feet 6 inches, and was meant to echo a government campaign to increase the average national height, state media reported. But critics said on the social networking site Facebook that the promotion was offensive to Vietnamese women, prompting the company to cancel it and apologize.
The Canadian Food Inspection Agency says it is monitoring the recalls, which were prompted by four cases of E. coli infection. Public Health officials notified the CFIA last week that the E. coli cases could possibly be linked to a food source, which prompted the investigation into the meat.
A steep fall in gas costs pushed down a measure of U.S. consumer prices last month, keeping inflation mild. The seasonally adjusted consumer price index dropped 0.3 percent in November from October, the Labor Department said Friday. Gas prices fell 7.4 percent, the biggest drop in nearly four years. That offset a 0.2 percent rise in food prices.