Tasty Baking (TSTY), the maker of Tastykakes, said it is looking at options including a merger or sale as the company feels the pressure from declining sales.
The company is also facing “unanticipated operational challenges” related to its bakery in …
Starbucks, the world’s largest coffee-shop chain, on Wednesday unveiled a new logo that retains its iconic green mermaid but no longer includes the word “coffee,” reflecting the company’s efforts to expand sales through a broad…
Global food prices rose to a record high last month, overtaking even the levels seen during the 2007-2008 food crisis.
The UN Food and Agricultural Organization said its food price index rose to 214.7 points last month, an increase of almost 4.2% fro…
The ice cream drinks have been a fast-food favorite for decades. Now, McDonald’s is considering giving them a new look — serving the shakes in see-through plastic cups instead of the current white paper cup familiar to custome…
Food and beverage company Sara Lee (SLE) has been in discussions to sell itself to Brazilian meat company JBS.
Talks have been taking place intermittently for several months, Reuters reported without naming its sources. The companies have disagreed o…