FTD CEO John Walden is stepping down as the floral and gift delivery service embarks on a restructuring effort to cut costs and explore alternatives that could include a sale, the company said. Executive Scott Levin has been named interim president and CEO of the company, which faces growing competition from startups that boast lower prices.
The Food and Drug Administration will soon move to prevent manufacturers of nondairy products from using the term "milk" in marketing and on product labels, instead defining milk as an animal-based product, according to comments by FDA Commissioner Scott Gottlieb. "As we see dairy farmers from across the US suffering with low milk and other commodity prices, tariff uncertainty and lack of reliable labor force, this news finally provides a positive movement in the dairy industry," said Laurie Fischer, CEO of the American Dairy Coalition.
Sources said that Krispy Kreme Doughnuts is close to a deal to buy Insomnia Cookies, a 15-year-old chain with upwards of 135 units that deliver cookies and milk until 3 a.m. JAB Holding bought Krispy Kreme two years ago for $1.35 billion.
The closure of Chef'd highlights how grocers might be best-suited to offer meal kits rather than through subscription services, said David Bishop of retail consultancy Brick Meets Click. It's easier for grocers to market and distribute such kits than another company that must build infrastructure and name recognition, Bishop said.
Summer-meal participation in a Montana school district increased in June when many summer activities were scheduled, says Dave Thomas, the district's foodservice director. The program provides free meals for students that include fresh fruits and vegetables.
A Connecticut school district is sponsoring a meal program in the summer for the first time, says Susan Maffe, the school system's director of food and nutrition services. The program, which provides free meals, will operate through late August.
German researchers found that nearly 75% of parents undervalued the amount of sugar in foods, especially those considered as "healthful," consumed by their children. The findings in the International Journal of Obesity, based on data involving 305 German families with at least one child between 6 and 12 years old, also showed the highest body mass index among those whose parents had the largest underestimation of sugar content in foods.
Adolescents with major depressive disorder who received omega-3 fatty acids had similar improvements in self-rated suicidality and clinician-rated depression severity, as well as similar treatment response, compared with those who took placebo, according to a study in the Journal of Clinical Psychiatry. Researchers also found similar improvements in anhedonia and irritability between both groups.