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  • Aunt Jemima Heirs Sue Pepsico for $2B

    The lawsuit, which also names as defendants Pinnacle Foods and Hillshire Brands, accuses the companies of failing to pay Harrington and her heirs an equitable fair share of royalties from the pancake mix and syrup brand that uses her likeness and recipes.

  • ConAgra Searches for Next CEO

    Current CEO Gary M. Rodkin has informed the ConAgra Foods Board of Directors of his intention to retire at the end of the companys fiscal year in May 2015.

  • Chiquita Gets $625M Buyout Offer

    Chiquita Brands International, Inc. confirmed that it has received an unsolicited offer from the Cutrale Group and the Safra Group to acquire all of the outstanding common stock of Chiquita at a price of $13.00 per share in cash to Chiquita shareholders.

  • Peet's Acquires Mighty Leaf Tea

    The addition of Mighty Leaf Tea marks another important step in Peet's growth. Peet's began its biggest U.S. retail coffee shop expansion ever last year, which will add nearly 60 stores by the end of this year.

  • J. M. Smucker Acquires Sahale Snacks

    Sahale's net sales are projected to be approximately $50 million for the 2014 calendar year, primarily in the club, convenience, and grocery retail channels.

  • Coca-Cola Invests Additional $5B in Africa

    The investment, to be made over the next six years, increases its total announced investment in Africa to $17 billion from 2010 to 2020.

  • P&G to Shed Up to 100 Brands

    The company will sell or exit 90 to 100 brands in a bold attempt to refocus the business on 70 to 80 remaining best-selling brand names. "Less will be much more," CEO A.G. Lafley told analysts.

  • Reckitt Benckiser, Facebook Form Innovative Global Partnership

    The two companies have committed to integrating members of their global sales, marketing and creative teams to connect brands, like Lysol, Mucinex, MegaRed and Air Wick, with people on Facebook to bring them innovative solutions for healthier lives and happier homes.
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