A small Czech brewer, Budejovicky Budvar, and the world's largest beer maker, AB InBev, are locked in a battle that has gone on for over a century. Each wants exclusive rights to the name Budweiser, and when Budvar rejected an AB InBev offer this week, it also refused to put forward a counteroffer.
The LSU AgCenter has hired a veteran food consultant to organize a food business incubator. Gaye Sandoz, who most recently was with Edible Enterprises — a food business incubator in in Norco — hopes to have the incubator fully developed over the next 12 months.
Once the bane of pot-luck parties, the fruitcake has been turned into a sought-after treat by Trappist monks secluded in the Missouri Ozarks who some say bake cake that's nothing short of heavenly. Between February and mid-December, monks at the Assumption Abbey in Ava, Mo., produce about 25,000 fruitcakes.
A deal, it seems, will have to wait a bit longer because settlement talks between state-owned Budejovicky Budvar and Anheuser-Busch, a U.S. company now part of AB InBev, have collapsed, according to Budvar's director general, Jiri Bocek.
Sanderson Farms returned to a profit during its fourth quarter, buoyed from higher poultry prices. The performance topped Wall Street expectations. Company shares rose 2 percent before the opening bell. For the three months ended Oct. 31, Sanderson Farms earned $9.3 million, or 41 cents per share.
Starting at the end of January, PepsiCo Inc. will begin airing TV ads with the tag line "Love Every Sip," along with the rollout of special edition silver cans featuring the blue-and-red Pepsi logo in a heart shape. The company is working with designers to introduce other special designs later in the year as well.
A small brewer in the Czech Republic and the world's biggest beer maker have been suing each other over the right to put the word Budweiser on their bottles in what has become a David versus Goliath corporate saga. A deal, it seems, will have to wait a bit longer because settlement talks between state-owned Budejovicky Budvar and Anheuser-Busch have collapsed.
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.