Could it be a lucky penny? Or perhaps a rabbit’s foot?
Whatever the reason, it’s clear that executives at Real Mex Foods, Buena Park, Calif.,
are enjoying a streak of good luck.
Consumers are feeling the heat of Latin flavors and asking
for more.
This year, Hispanic food and beverage sales are expected to reach $8.4 billion
(from $5.7 billion in 2006), reports Packaged Facts, a New York-based market
research group.
Pilgrim's Pride Corp., the nation's largest chicken producer, filed for Chapter 11 bankruptcy protection on Monday, Dec. 1, reported the Associated Press.
Virginia business media reported that Sabra Dipping Co., Queens, N.Y., expects by mid-2010 to build a new $50 million refrigerated dips and spreads plant in Chesterfield County, Va.
The American Meat Institute said it hired the sales analysis firm, ethnoMetrics Inc., Stevensville, Mich., to "enhance the purchase experience" of those buyers and sellers.