Food Industry News

A collection of Food latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.

cbsnews.com - Maryland-based spice maker McCormick to combine with Unilever in food industry shake-up
Maryland-based spice maker McCormick to combine with Unilever in food industry shake-up
CBS News

Spice and flavorings company McCormick announced on Tuesday that it's combining with Unilever's foods division, which includes brands like Hellmann's and Knorr. Companies in the packaged food sector have struggled with inflation and changing…

bloomberg.com - Watch Food Industry is 'Crazy and Wild' as Costs, Prices Rise, Says Stew Leonard's CEO
Watch Food Industry is 'Crazy and Wild' as Costs, Prices Rise, Says Stew Leonard's CEO
Bloomberg

Food Industry is 'Crazy and Wild' as Costs, Prices Rise, Says Stew Leonard's CEO Stew Leonard Jr, president and CEO of grocery store Stew Leonard's, said that grocery store owners don't want to raise prices on consumers, but that the landscape of…

boston.com - Beth Treffeisen - Clover Food Lab puts itself on the market
Clover Food Lab puts itself on the market
Boston.com

Clover Food Lab is seeking a new buyer, the company told Boston.com on Tuesday, a move that surfaced as the vegetarian fast-casual chain filed a state notice on Monday announcing plans to lay off 182 workers. Clover said the filing was required…

techcrunch.com - Lauren Forristal - Alexa+ gets new food ordering experiences with Uber Eats and Grubhub
Alexa+ gets new food ordering experiences with Uber Eats and Grubhub
TechCrunch

Amazon's latest upgrade to Alexa+, its next-generation AI assistant, allows you to order food from popular delivery services Uber Eats and Grubhub in a conversational manner, just as if you were chatting with a waiter at a restaurant or placing an…

theguardian.com - Nils Pratley - Unilever's food mashup is hardly a delectable prospect for shareholders
Unilever's food mashup is hardly a delectable prospect for shareholders
The Guardian

If Unilever shareholders thought the era of management-speak twaddle ended a few chief executives ago, say hello to their new partner in the food game. Brendan Foley, the boss of US spice and condiments firm McCormick, ran through the menu as he…

upi.com - Lisa Hornung - McCormick buys Unilever's food business for $45B
McCormick buys Unilever's food business for $45B
UPI

March 31 (UPI) -- McCormick entered into an agreement to purchase the food portion of Unilever for a cash and equity deal that values the company at $45 billion. McCormick will pay $15.7 billion in cash. Unilever's shareholders will own 55.1% of…

marketwatch.com - MarketWatch Automation - Hormel Foods Corp. stock underperforms Tuesday when compared to competitors
Hormel Foods Corp. stock underperforms Tuesday when compared to competitors
MarketWatch

Shares of Hormel Foods Corp. HRL slid 1.61% to $22.65 Tuesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX rising 2.91% to 6,528.52 and the Dow Jones Industrial Average DJIA rising…

dailymail.co.uk - Cassidy Morrison Health Features Editor - The $5 food that clears toxic cancer-causing plastics from the body
The $5 food that clears toxic cancer-causing plastics from the body
Mail Online

READ MORE: Five areas at home where you're most exposed to microplastics A cheap fermented vegetable and staple of Korean cuisine may help in combating a build-up of harmful microplastics linked to heart disease, cancer, inflammation and brain…

bbc.co.uk - Lichfield District Council delays weekly food waste collections
Lichfield District Council delays weekly food waste collections
BBC

Andia/Universal Images Group/Getty Images Lichfield District Council has failed to get its new weekly food waste collections under way. New rules that came into force on Tuesday require the collections for all homes in England. An earlier BBC…

bloomberg.com - Andrea Felsted - Unilever's $40 Billion Food Sale Augurs a More Beautiful Future
Unilever's $40 Billion Food Sale Augurs a More Beautiful Future
Bloomberg

Unilever Plc's Fernando Fernandez could luck out by selling most of the consumer company's food businesses, including Hellmann's mayonnaise and Knorr stock cubes, to McCormick & Co. But Fernandez, who's has been chief executive officer for just…

dailymail.co.uk - Mark Duell - New bin rules introducing weekly food waste collections arrive today
New bin rules introducing weekly food waste collections arrive today
Mail Online

New rules for household waste and recycling came into force in England today as an investigation revealed one in four councils are still not ready to provide the service. Households will now separate their waste into a maximum of four different…

theguardian.com - Sarah Butler - Food price rises unlikely before summer, says boss of Sainsbury's
Food price rises unlikely before summer, says boss of Sainsbury's
The Guardian

Shoppers will not see food prices rise until at least the summer and Easter will be unaffected by conflict in the Middle East, the boss of Sainsbury's has said, despite fears of an inflation spike. Simon Roberts said it was “too…

standard.co.uk - Anna Wise - Unilever nearing deal worth £11.9bn to merge food unit with US rival McCormick
Unilever nearing deal worth £11.9bn to merge food unit with US rival McCormick
Evening Standard

News from The City, market updates plus comment and analysis from our business desk I would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice. Hellmann's maker Unilever has said it is in late-stage…

theguardian.com - Mark Sweney - Marmite maker Unilever nears deal to combine food arm with US condiment giant
Marmite maker Unilever nears deal to combine food arm with US condiment giant
The Guardian

Unilever is in advanced talks to combine its food business with US-based McCormick, in a deal including $15.7bn (£11.9bn) cash that would give the Marmite-to-Hellmann's mayonnaise owner majority control of a $60bn food empire. London-listed…

freightwaves.com - Noi Mahoney - Tariffs, frozen food demand reshape cold chains, Lineage report says
Tariffs, frozen food demand reshape cold chains, Lineage report says
FreightWaves

Tariffs, regulation and shifting consumer demand continue to disrupt cold supply chains, according to a survey released by temperature-controlled warehouse operator Lineage. The Cold Chain Insights Survey of 1,000 supply chain decision-makers…

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