A private equity group in Jericho, N.Y., is looking to invest in the founder- or family-owned food industry companies with $5 million to $100 million in annual sales.
Meat industry media reported that Pilgrim's Pride Corp., Pittsburg, Texas, rejected a joint $40 million offer for the company's Farmerville, La., plant from competitor Foster Farms, Livingston, Calif.
In today’s difficult and uncertain economy, manufacturers and retailers need to adopt three specific strategies to protect themselves and increase profitability, according to the early findings of a group of consumer research experts.
Close to 70 percent of households in all income brackets said they reduced spending on entertainment and at restaurants during the past year, according to a recent survey.
Considering a new product with ethnic appeal? In a recent research report, Packaged Facts, New York, says the United States’ estimated 46 million Hispanic consumers are a powerful influence on the nation's economical buying power.
Target Corp. is “very pleased” with its stores’ food sales and plans to roll out enhanced assortments of dry grocery, frozen foods, dairy products, meat and produce in future new and remodeled stores.