News & Analysis on Food & Beverage Development & Technology
Supermarket giant Kroger is merging with Albertsons Companies Inc. (Safeway, Vons, Jewel-Osco), bolstering its position as the second largest food retailer in the US with an estimated 11.8% market share behind Walmart at 17.1%.
After filing for protection under the Chapter 11 Bankruptcy Code earlier this week, Vital Pharmaceuticals, Inc (VPX Sports), the parent company of Bang Energy, has a challenging road ahead. But its most recent financial misfortune isn't the final nail in...
Loss-making plant-based meat co Beyond Meat - which is currently squaring up to former co-packer Don Lee Farms in a trial in L.A. - has unveiled plans to lay off approximately 200 employees (19% of its global workforce) in a bid to cut costs and achieve...