Mondelez to close Toronto bakery, cut 550 jobs
Mondelez International, the Deerfield-based maker of Oreo, Ritz and Chips Ahoy, has announced through its Canadian division that it plans to close a Toronto bakery and eliminate about 550 jobs....
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Epic Burger names former Potbelly executive as CEO
Epic Burger, the Chicago-based burger chain, has named Scott Norrick CEO. Norrick joined the chain from Potbelly Sandwich Works, where he served as senior vice president of development and re-launched...
Hillshire Brands swings to profit, maintains full-year outlook
Hillshire Brands Co. swung to a profit in its first quarter of fiscal 2013 as the company bounced back from high ingredient costs and began to establish itself as a...
Beam beats Street on strong bourbon sales
Beam topped third-quarter profit estimates and reaffirmed full-year earnings guidance, citing higher pricing, sales volume and demand for its products. The Deerfield-based maker of Jim Beam bourbon, Pinnacle vodka and...
Profit for Hillshire Brands in first quarter on its own
Hillshire Brands Co. swung to a profit in its first quarter of 2013 as the company bounced back from high ingredient costs and began to establish itself as a standalone,...
Kraft takes new approach to cheese case
Kraft Foods is working with Jewel-Osco and other grocers to reshape cheese and dairy cases at more than 4,000 stores to make its most popular products easier to find and...
Kraft puts new emphasis on cheese
As a impending split into dairy and snack businesses raises the importance of cheese to Kraft's bottom line, the Northfield food company is working with Jewel and other grocers to...
Jewel at a crossroads as Supervalu mulls options
Supervalu stunned no one Wednesday with the announcement that it's looking to sell all or parts of the company as efforts to right the grocery giant have stumbled. The question...
Cosi raises $12.8M from investors to spark growth
Cosi Inc. has raised $12.8 million in a rights offering to shareholders as part of an effort to get the struggling fast-casual chain on the path to growth.By effectively selling...
Quaker gets into yogurt business by partnering with Müller
Quaker will begin selling yogurt this summer through a joint venture with Theo Müller, a German dairy company. The Chicago-based oat icon, owned by Purchase, N.Y.-based PepsiCo, will start with...