Food and drink
Mars says CEO Grant Reid is retiring and will be replaced by head of pet care unit
Grant Reid, president and chief executive officer of Mars Inc., speaks during a Bloomberg Businessweek Debrief event in New York, U.S., on Thursday, Jan. 10, 2019. Alex Flynn | Bloomberg | Getty Images Mars CEO Grant Reid is retiring after more than eight years in the role and will be replaced by the head of […]
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Kellogg to split into three independent companies
Kellogg announced Tuesday that it plans to separate into three independent public companies. Shares of the company rose 8% in premarket trading on the news. The company will spin off its North American cereal business and plant-based division, which accounted for about 20% of its revenue last year. The remaining business includes its snacks, noodles, […]
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Singapore imports more than 90% of its food. Here’s how it’s dealing with rising food inflation
A rooftop farm in Singapore on May 27, 2020. The small island nation lacks natural resources and imports more than 90% of its food from more than 170 countries and regions. Lauryn Ishak| Bloomberg | Getty Images Singapore is known for its variety of street food and local cuisines, but many may not know it […]
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Dubai’s famous boozy brunches get a reboot as Saturday becomes the new Friday
The UAE is tackling this issue of work-life balance and the government recently rolled out a 4.5-day working week for Emirati government employees. Laszlo Szirtesi | Getty Images News | Getty Images They say it’s risky playing with a winning formula — especially when that formula results in massive revenue for Covid-battered restaurants and is […]
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Chipotle testing cauliflower rice in select locations after item drew in customers last year
Employees prepare orders for customers at a Chipotle Mexican Grill restaurant in Hollywood, California. Patrick T. Fallon | Bloomberg | Getty Images Chipotle is giving cauliflower rice another try after the item helped bring in new customers when it was offered for a limited time last year. The Newport Beach, California-based chain said Thursday it […]
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These could be the next hot food and drink trends
Pasta is coming back in different shapes and flavors, drinking vinegar is cool, and comfort food favorites like pancakes are being made with new ingredients. That’s according to the hundreds of items on display at the Summer Fancy Food Show, a trade show that has gained a reputation for being a place to spot the […]
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Jack-and-Coke in a can: Coca-Cola and Brown-Forman team up for new drink
Brown-Forman and The Coca-Cola Company announce plans to debut Jack Daniel’s® Tennessee Whiskey and Coca-Cola®™ Ready-to-Drink Cocktail Courtesy: Coca-Cola Company Coca-Cola is teaming up with Jack Daniel’s distiller Brown-Forman to make a Jack-and-Coke cocktail in a can. It marks the fourth new alcoholic drink in Coke’s portfolio in less than two years, but the first […]
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Ukraine grain exports via Poland and Romania face bottlenecks, says deputy foreign minister
A driver unloads a truck at a grain store during barley harvesting in the village of Zhovtneve, Ukraine, July 14, 2016. Valentyn Ogirenko | Reuters Ukraine has established two routes through Poland and Romania to export grain and avert a global food crisis although bottlenecks have slowed the supply chain, Kyiv’s deputy foreign minister said […]
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Sriracha hot sauce maker warns of shortage lasting through the summer
A photo of Sriracha Hot Chili Sauce made by the California-based Huy Fong Foods, which is one of the most popular hot sauces, in New Jersey, United States on June 09, 2022. Lokman Vural Elibol | Anadolu Agency | Getty Images Attention hot sauce fans: There is likely to be a shortage of Sriracha sauce […]
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Chipotle and Kraft use this start-up to track and prove how green they are
Consumers are now demanding environmental accountability in everything — from the buildings they live in to the products they purchase. Food is a big one. While more and more food companies are claiming that their products are “sustainable,” a Brooklyn, New York-based startup is asking how good that claim really is. The company is called […]
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