Mumbai, India — Accoding to Reuters, tea prices are expected to increase this year due to dry weather putting a dent in production of the commodity in vital suppliers India and Kenya. Deadly flooding could also disturb tea transportation shipments to Sri Lanka, who are another crucial exporter in the tea...
Harrison, NY — Long-time soft drinks distributor PepsiCo has been reported by Reuters to be in talks to purchase All Market Inc., the owner of leading coconut brand Vita Coco. PepsiCo is offering less than the $1 billion that All Market is seeking, according to the report. All Market owners...
North Miami Beach, FL — Arteasans Beverages, announced that they will be increasing their current distribution in the Mid-Atlantic and Northeast regions by partnering with distributors BCS International Corp. and Hana Food Distributors, Inc. Launched in June of 2016 in New York, Atreasan 5-calorie tea infusions are available in over...
Washington, D.C. — According to the Organic Trade Association’s 2017 Organic Industry Survey that was recently released, the rise in purchases in the American organic sector indicates that more consumers across the country are using organic products than in previous years. In 2016, organic sales in the United States totaled...
New York, NY — The 2017 winners of the Specialty Food Association Lifetime Achievement Awards have been announced. These Association members, along with many others, have contributed to the growth and sustainability of the current $127 billion specialty food industry. The stated purpose of SFA’s Lifetime Achievement Award is "to...
Bedminster, NJ — According to a press release from Swander Pace Capital, the private equity firm has sold Kicking Horse Coffee, Ltd., the #1 organic and fair trade coffee roaster in Canada to Luigi Lavazza S.p.A. in a transaction valued at C$215 million. In 2012, the firm partnered with Kicking...
Purity Foods, Inc., a Hudson, MI-based processor of conventional and organic grains, has been acquired by Andersons, Inc. Grain Group, based in Maumee, OH. Certified by the Quality Assurance International (QAI) and the America Institute of Baking (AIB), Purity Foods is comprised of a two productions lines and a 650,000-bushel...
New York, NY – A new rule requiring all restaurants with 15 or more nationwide locations and retailers offering prepared foods to post caloric measurements on menu boards went into effect May 22. Additionally, chains will have to provide full nutritional information beyond just calories for standard menu items available...
A shareholder resolution urging The Kroger Company to separate the CEO and chair of the Board roles will be presented by Lisa Lindsley, Capital Markets Advisor for SumOfUs, an international corporate watchdog at The Kroger Company’s Annual General Meeting of shareholders on June 22. For decades, Kroger CEOs have also...
Washington, D.C. — Beyond Pesticides, a national environmental health organization, represented by the Richard Law Group has filed a lawsuit against Mott’s, specifically its parent company Dr. Pepper Snapple Group, under the District of Columbia's Consumer Protection Procedures Act. The suit claims that Mott’s is misleading its customers by falsely...
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