BBU, a US-based manufacturer and distributor of bread, cakes and cookies, is voluntarily recalling fresh bagels, as they may contain metal fragments. The products subject to recall include Thomas' Everything Bagels, Blueberry Bagels, ...
Tags: BBU, bread, cakes, cookies, fresh bagels, metal fragments
Ascena Retail Group, Inc. announced that Dirk Montgomery has accepted the position of Executive Vice President and Chief Financial Officer, effective January 16, 2013. Montgomery succeeds Armand Correia, who will be retiring after 21 years ...
Tags: Ascena Retail Group, Dirk Montgomery, CFO, 2013
Hillshire Brands has announced that Brian Davison has joined the company from Kraft Foods as VP of corporate strategy and development. Hillshire, formerly the North American meat business of Sara Lee, said Davison began his role on 2 ...
Tags: Hillshire Brands, Brian Davison, Food, meat business
US food company Hillshire Brands is planning to introduce new products in frozen breakfast category in an effort to become the most innovative meat-centric company in North America. The offerings will range from easy-to-heat breakfast ...
Tags: Hillshire Brands, frozen breakfast, North America, food
JM Smucker has booked an increase in second-quarter earnings and raised its outlook for the full-year. The US spreads-to-coffee group said that quarterly profits rose to US$148.8m in the three month period, up from $127.2m in the ...
Tags: Smucker, increase, second-quarter earnings, outlook for the full-year
Hillshire Brands has added a Lemon Pound Cake to its Sara Lee brand, as well as making the label's signature Butter Pound Cake more moist. The US food group said the new lemon and butter varieties will be available at grocery stores ...
US own-label group Ralcorp Holdings, which today (27 November) agreed to a takeover bid from ConAgra Foods, returned to profit in its fiscal 2012 year, boosted by acquisitions made during the year. In the 12 months to the end of ...
Tags: Foods, Foods industry, profit, operating profit
US baker Flowers Foods has reported a slight lift in third-quarter earnings, which were boosted by "solid" sales gains. In a regulatory filing yesterday (8 November) the company said net income rose to US$31.2m in the three months to 6 ...
Tags: baker Flowers, Flowers Foods, Flowers, Foods
Former Sara Lee executive Marleen Vaesen will become chief executive of Belgium-based produce group PinguinLutosa. Vaesen will take the role next month, replacing Hein Deprez, PinguinLutosa's controlling shareholder. The company said ...
Private-equity firm Wind Point Partners has snapped up US snacks group Shearer's Foods in a takeover backed by former Sara Lee executive C.J. Fraleigh. Wind Point Partners has acquired what it called "the largest producer of private-label ...
Grupo Bimbo saw its third-quarter earnings tumble 82% after it incurred a jump in pension costs and charges from the integration of the Sara Lee business the bakery giant acquired in North America. The Mexican company reported net income ...
Tags: Profits, pension costs, net sales
The North American meat-focused division of Sara Lee will attract acquisition bids when the company spins off its Europe-based coffee-and-tea division in the future. The new company, which is to be named Hillshire Brands, is expected to ...
Tags: meat-focused division, acquisition bids, coffee-and-tea division
The Hillshire Brands, formerly Sara Lee, has completed the separation of its international coffee & tea business - DE Master Blenders 1753. Hillshire Brands, which trades on the New York Stock Exchange under the ticker HSH, focuses on ...
Sara Lee,the brand owned by US-based Hillshire Brands,has announced the launch of its Lemon Pound Cake variety,a new pound cake loaf,as well as an update to its Butter Pound Cake,which is now more moist. The company noted that the new ...
Tags: feedback, new products, cake
US-based baking company Flower Foods has agreed to acquire certain bakery assets and trademark licenses from BBU, a subsidiary of Mexico-based Grupo Bimbo, for an undisclosed amount. The deal has received clearance from the United States ...
Tags: certain bakery assets, Flowers Foods, breads and rolls