Food and drink
Tyson Foods to lay off 1,700 workers, close two chicken plants
A package of Tyson Foods Inc. chicken is arranged for a photograph in Tiskilwa, Illinois. Daniel Acker | Bloomberg | Getty Images Tyson Foods will close two chicken plants in May, affecting nearly 1,700 employees. “While the decision was not easy, it reflects our broader strategy to strengthen our poultry business by optimizing operations and […]
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There’s a big Girl Scouts cookie shortage, and the group is frustrated with its main baker
Girl Scouts announced the new Raspberry Rally cookie in Orlando, Florida, on Aug. 16, 2022. Orlando Sentinel | Tribune News Service | Getty Images This is the way the Girl Scout cookie crumbles. Amid widespread cookie shortages, the Girl Scouts of the USA said they are “keeping all options open” as frustrations mount with one […]
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This female gave up law to begin a restaurant — and turned it into a prosperous street food stuff chain
Nisha Katona, founder and CEO of Mowgli Street Food items. Mowgli Road Food Nisha Katona didn’t genuinely want to quit law. Her a long time of operating as a demo lawyer didn’t feel like perform to her, she told CNBC neither does her present-day occupation as the CEO of the popular cafe chain Mowgli Road […]
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Toblerone chocolate to slice iconic Matterhorn brand from packaging due to ‘Swissness’ regulations
Toblerone chocolate bars with a representation of the Matterhorn mountain (again) and of a generic mountain (front) in Geneva. The Swiss Matterhorn peak will be eradicated when some of the chocolate’s production is moved from Switzerland to Slovakia and replaced by a more generic mountain below rigorous “Swissness” rules. Fabrice Coffrini | Afp | Getty […]
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Nestle, Tyson and other food giants bet on air fryer boom to grow sales
An Air Fryer for sale at Kroger Marketplace in Versailles, Kentucky, U.S., on Tuesday, Nov. 24, 2020. Scotty Perry | Bloomberg | Getty Images Kettle Foods, known for its kettle-cooked potato chips, recently unveiled what it called “the future of the potato chip category”: air-fried chips. The Campbell Soup brand’s snack launch, made with patent-pending […]
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British supermarkets are rationing fruit and greens as shortages bite
A female photographs empty shelves in a supermarket on February 25, 2023 in Cardiff, Wales. Matthew Horwood | Getty Photographs Information | Getty Photographs LONDON — Britain’s largest supermarkets are limiting purchases of selected fruit and greens as offer shortages lead to vacant cabinets. Britain’s largest supermarket chain, Tesco, has minimal buys of tomatoes, peppers […]
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Outside of Meat studies slim-than-predicted quarterly loss irrespective of sinking gross sales
Vegetarian sausages from Beyond Meat Inc, the vegan burger maker, are revealed for sale at a marketplace in Encinitas, California, June 5, 2019. Mike Blake | Reuters Further than Meat on Thursday claimed a narrower-than-expected decline for its fourth quarter, regardless of its profits sinking a lot more than 20%. Shares of the firm climbed […]
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Starbucks CEO Howard Schultz calls new olive oil espresso beverages ‘transformational’
Starbucks’ new line of olive oil-infused coffee drinks could disrupt the market, interim CEO Howard Schultz informed CNBC’s Jim Cramer on Tuesday. “This is a transformational minute in the history of our business making a new classification, a new system,” Schultz told CNBC’s “Mad Revenue.” He mentioned Starbucks’ new olive-oil espresso, which he conceived following […]
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Nestle programs cost hikes immediately after inflation eats into earnings
The world’s most significant meals team Nestle will raise selling prices further more this calendar year, Chief Govt Mark Schneider said on Thursday, right after much more high-priced elements contributed to comprehensive-calendar year web revenue lacking analyst anticipations. He declined to remark on the planned stage of rate improves, which he stated were vital to […]
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McDonald’s to launch McPlant nuggets created with Further than Meat in Germany
McDonald’s is including its McPlant burger and nuggets to menus in Germany. Resource: McDonald’s McDonald’s is increasing its McPlant line with a further Further than Meat merchandise. The speedy-food stuff big announced Wednesday that shoppers in Germany will be ready to get plant-based mostly McPlant Nuggets beginning Feb. 22. McDonald’s, which has additional than 1,400 […]
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