The JM Smucker company announced it will acquire Big Heart Pet Brands in a transaction valued at approximately $5.8 billion as a way of positioning the company for continued growth by capturing the segment of consumers who are pet owners.
Coca-Cola’s Minute Maid Division is rolling out the nationwide distribution of fairlife, LLC, a new premium milk option that the company says uses cold-filtration to deliver 50 percent more protein, 30 percent more calcium and half the sugar of ordinary milk.
The recent dramatic drop in the price of oil will have implications for the global food supply chain, contributing to lower food prices if the cost of oil remains low throughout the year, according to Rabobank.
USDA has kicked off its Organic Survey in an attempt to gather detailed data on the current state of US organic agriculture production. According to USDA, the survey is a complete inventory of all known organic producers that are certified, exempt from certification, and transitioning to certified organic production.
Pennsylvania-based chocolate giant The Hershey Company announced plans to acquire KRAVE Pure Foods, Inc., a manufacturer of KRAVE jerky, in a transaction that will allow the company to break into the growing meat snacks category.
The Joint Industry Coupon Committee is insisting retailers to prepare for the retirement of the UPC Prefix 5 barcodes from manufacturer coupons which will no longer be used after June 30.
As much of the Northeast prepares to get buried in a blizzard, millions of people will flock to grocery stores to grab any essentials needed before the storm freezes them indoors.