News for the baking industry
Groot Bijgaarden / BE. (pnv) Belgium’s Puratos Group, a global leader in bakery, patisserie and chocolate ingredients, announced a strategic partnership with Korabi Corporation, the renowned bakery and patisserie ingredient supplier in Kosovo. This collaboration aims…
Austin / TX. (wfm) This year marks 20 years since Whole Foods Market (WFM) first attained organic retail certification. To date, the company offers more than 37,000 organic products across its stores and remains the only national retailer to hold this certification. «Whole Foods Market…
Shanghai / CN. (yb) Yum China Holdings Inc. hosted its 2023 Investor Day in Xi’an, China. At the event, Yum China’s CEO Joey Wat, CFO Andy Yeung and members of the management team formally launched the Company’s refreshed »RGM 2.0« strategy to an in-person audience in Xi’an and…
Northlake / TX. (fbc) Farmer Bros. Company reported its fiscal fourth quarter and full year 2023 financial results for the period ended June 30, 2023. «Farmer Brothers ended a challenging fiscal 2023 on a strong note, including the strategic divestiture of our direct ship customers and…
Solna / SE. (coop) Coop Norrbotten, part of Coop Sweden, wants to change and improve the playing field for Norrbotten’s food sector and is therefore launching an investment company as its own independent subsidiary called CN Invest. «We want to increase opportunities for new entrepreneurs…
Seattle / WA. (sc) Starbucks Coffee Company announced that Howard Schultz, the company’s modern-day founder and chairman emeritus, will step down from the Board of Directors effective immediately as part of a planned transition. Schultz previously stepped down as ceo in…
Luxembourg / LU. (csm) CSM Ingredients, a global player in the innovation and production of food tech ingredients, announced in June the United States entry of its Hi-Food unit. Headquartered in Parma – in the heart of Italy’s food valley – Hi-Food is specialized in the research, development…
Louisville / KY. (pj) Papa John’s International Inc., one of the world’s largest pizza delivery companies, announced updates to its executive leadership team. Amanda Clark will transition from her role as Chief International and Development Officer to become COO, International, focusing…
London / UK. (abf) British Associated British Foods PLC (ABF) issues the following update prior to entering the close period for its full year results for the 52 weeks to 16 September 2023, which are scheduled to be announced on 07 November 2023. References to sales growth in the following…
San Francisco / CA. (grb) Food technology company GrubMarket announced that it has completed the acquisition of Hunts Point, New York-based Mendez International, a multi-generation family-owned wholesale distribution business based in New York’s iconic Hunts…
