PepsiCo said today it has completed its merger with The Quaker Oats Company, creating a $25 billion food and beverage company sharply focused on the rapidly growing consumer demand for convenience.
William F. Christ, Executive Vice President and Chief Operations Officer, Hershey Foods Corporation, today announced that Hershey do Brasil, Hershey Foods' Brazilian subsidiary, has acquired the chocolate and confectionery business of Visagis.
Fleming Companies Inc. today reported a 59.7 percent increase in second quarter 2001 net earnings to $22.4 million, or $0.46 per share, after adjustments to exclude strategic plan charges and one-time items, compared to$14.0 million, or $0.35 per share, in the second quarter of 2000.
While some retailers have yet to embrace 3-D CAD technology, others are quickly becoming dependent on its ability to review colors, materials, fixtures, lighting programs, and even merchandising plans.
SYSCO Corporation, the largest foodservice marketing and distribution organization in North America, today announced diluted earnings per share of $0.88 on sales of $21.8 billion for the fiscal year ended June 30, 2001, marking the 25th year of uninterrupted sales and earnings increases.
Nash Finch Company and U Save Foods, Inc. today confirmed that they are in discussions for Nash Finch to acquire U Save Foods through a purchase of U Save's stock.
A diverse group of antitrust experts, national consumer organizations and major farm groups have joined forces to announce their opposition to Nestle's $10.1 billion merger with Ralston Purina.
VoiceFlash Networks Inc. announced today that the company has signed a memorandum of understanding with VeriFone Inc., to explore the viability of cooperating in the development of retail mobile commerce products.
Fleming today announced the company has been selected by L&L Food Centers to serve its 10 Lansing, Michigan area stores and Rochester Hills location. The supply arrangement is for all grocery, frozen, dairy, and general merchandise products. L&L F
Blue Book Services/Produce Reporter Co., provider of credit and marketing information to businesses involved in the wholesale fresh fruit and vegetable industry, on Tuesday announced the launch of its new Web Service interface.
(Reuters) - Wm. Wrigley Jr. Co., the world's largest chewing gum maker, said on Tuesday that second-quarter earnings rose 8.6 percent, as growth in shipments and better margins offset higher marketing costs and pressure from weak European currencies.