Private equity firm buys Labriola Baking
Labriola Baking Co. has been sold to a Plaza Belmont Fund, a Shawnee, Kan.-based private equity firm. The Alsip-based wholesale bakery was founded by Rich Labriola in 1993. Its fresh...
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Kraft forms divisions for meals and snacks
Kraft Foods Group, the Northfield-based maker of Planters, Philadelphia brands and Maxwell House, said Friday that it has created two business units in an effort to streamline its structure and...
Ill. law to force Busch to sell beer distributor stake by 2015
It's official: Anheuser-Busch will have to sell its stake in City Beverage, the brewer's largest local distributor. Gov. Pat Quinn signed HB2606 into law Thursday afternoon. The legislation reinforces the...
Cosi CEO Carin Stutz resigns
Cosi Inc., the beleaguered Deerfield-based fast casual restaurant chain, has lost another chief executive. The chain said in a statement late Tuesday that Carin Stutz resigned and that chairman of...
McDonald’s sales up more than 2% in May
McDonalds Corp. reported global same store sales climbed 2.6 percent in May but fell short of Wall Street expectations. Sales increased 3.6 percent in the month, or 5.2 percent, adjusted...
McDonald’s testing new late-night value menu
McDonald's is waking up to moonlight breakfast. Just not in the Windy City, at least not yet. The Oak Brook-based chain is testing a late-night value menu called After Midnight...
Wal-Mart adds money-back guarantee on produce
Wal-Mart Stores Inc., already the largest grocer and produce provider it the U.S., is trying to increase its hold on the market by offering a money-back satisfaction guarantee for fruits...
Dunkin’ to introduce bacon, egg, doughnut sandwich
Dunkin' Donuts wants to sell you a doughnut sandwich. Hitting stores Friday, the breakfast item is composed of a fried egg, bacon and two glazed doughnuts. It has 360 calories,...
Dispatch from the Sweets & Snacks Expo: “Where’s the candy?”
I had just returned from a reporting foray to the Sweets & Snacks Expo -- the three-day extravaganza of indulgence that kicked off Tuesday at McCormick Place -- when fellow...
Dispatch from the Sweets & Snacks Expo: “Where’s the candy?”
I had just returned from a reporting foray to the Sweets & Snacks Expo -- the three-day extravaganza of indulgence that kicked off Tuesday at McCormick Place -- when fellow...