All Food & Beverage News
Top stories summarized by our editors
2/20/2018

Red Lobster has launched a campaign to give consumers more information about the source of the seafood it serves, one of a growing number of restaurant chains and food retailers working to demonstrate the authenticity of their food supply chains. The company has completed a supply chain review, and all of its seafood is now responsibly sourced and sustainable, Chief Executive Officer Kim Lopdrup said.

More Summaries:
Red Lobster
2/20/2018

Albertsons will acquire a majority of the Rite-Aid drugstore chain in a cash-and-stock deal, adding crucial scale to the grocer's pharmacy operations, according to Bob Miller, Albertsons chief executive. Walgreens is already in the process of acquiring about 2,000 Rite-Aid stores, while pharmacies in Albertsons locations will move to the Rite-Aid brand.

2/20/2018

Red Lobster, Winn-Dixie and Publix have joined the movement among restaurants and grocers to convey to consumers that its seafood is responsibly produced, with Red Lobster using a Super Bowl ad to bring attention to the move. "A lot of companies want to do the right thing, but you have to develop a supply chain that's completely different from the one that exists right now," said Steve Kirn of the University of Florida's Miller Retail Center.

2/20/2018

Magical unicorn has become the first new shape in ten years to gain a permanent spot in the Lucky Charms marshmallow lineup. The shape was picked by popular vote and is a permanent addition to the cereal, replacing the hourglass shape.

2/20/2018

Half of women who work in science, technology, engineering and math say they have experienced discrimination, including being paid less than men and being treated as if they are inept, according to a Pew Research Center study. Women who face the most discrimination include those with postgraduate degrees and those working in male-majority settings, the study finds.

More Summaries:
Pew Research Center
2/20/2018

Students enrolled in the Youth Food Literacy Program in Orange County, Calif., are learning about food production and healthy eating. Lessons include preparing meals, picking vegetables and meeting with local farmers.

2/20/2018

Net sales of J.M. Smucker's Uncrustables line are on track to hit $250 million this year, following a 23% sales rise during the firm's most recent quarter, which ended Jan. 31. The company expects to double Uncrustables sales following the completion of a new Colorado-based processing plant in 2020, said CEO Mark Smucker.

Full Story:
Baking Business
More Summaries:
J.M. Smucker, Uncrustables
2/20/2018

Coca-Cola Consolidated has cut the ribbon on a new facility in Greensboro, N.C., that will handle sales and distribution for the firm. The 130,000-square-foot facility represents an investment of more than $4 million and employs 300-plus staff members.

More Summaries:
Coca-Cola Consolidated
2/20/2018

Nut milk brand Milkadamia launched in trend-setting cafes, eventually gaining attention from retail buyers and landing shelf space in 5,000 US stores, including Walmart. CEO Jim Richards says the company was able to gain distribution without pitching to buyers because the product is unique and stands out from other brands.

Full Story:
Entrepreneur online
More Summaries:
Walmart
2/20/2018

Wines created via volcanic soil tend to have more mineral complexity, according to master sommelier John Szabo, author of the book "Volcanic Wines -- Salt, Grit and Power." The soil can be more challenging for grapes to thrive, making the resulting wines more concentrated and structured, according to Szabo.

Full Story:
Forbes