All articles tagged with #food business
Unilever is in discussions to merge its foods business with McCormick in an all-stock deal, potentially reshaping the group to focus on beauty, personal care and home products; the talks are not guaranteed, and Unilever has signaled a shift away from food in recent years.
Casey's General Stores stock hit a record high after reporting strong earnings, a dividend increase, and an optimistic outlook, driven by growth in its food business and increased sales, with plans to expand further.
Jack Ma, the cofounder of Alibaba and former poster boy of China's tech industry, has set up a new company called "Hangzhou Ma's Kitchen Food" involved in the sales of pre-packaged food and the processing and retail of agricultural products. This move into the food business comes as Ma has shown interest in agriculture since retiring from Alibaba in 2019, and it appears to have gained momentum following the government's crackdown on his businesses. Ma has been traveling the world studying agrotech and has made rare public appearances since the crackdown.
Fiona Afshar, a former software engineer, has turned her passion for cooking into a successful pasta business, earning $129,000 a year primarily from selling colorful pasta boxes out of her home kitchen in Malibu, California. Afshar started her Instagram account @cookingwithfiona to share instructional cooking videos, which gained a large following. She then began making and selling pasta, offering virtual pasta-making classes and collaborating with luxury fashion retailer Ssense. Despite her success, Afshar remains focused on connecting with people through food and has no plans to mass-produce her pasta or expand beyond her kitchen.
Cardi B shared on Twitter the delicious and varied school lunches she prepares for her daughter Kulture, including pasta, vegetables, fruit, chicken nuggets, Yoohoo, and Kool-Aid drinks. Fans reacted with humor and envy, with some even offering to be her bodyguard in exchange for such lunches. Cardi B and her husband Offset have also ventured into the food business, partnering with McDonald's to launch an eponymous meal. The couple and their children will also star in the upcoming animation Baby Shark's Big Movie.
A customer at a boba tea shop in Millbrae, California was caught on camera dropping lint into his own drink before leaving a negative review on Yelp. The Tea Hut's owner, Aaron Qian, shared the footage on Instagram and Yelp later removed the man's reviews. Qian emphasized that food safety is their top priority and they take situations like this very seriously. The Tea Hut has a 4.0 star rating from dozens of reviews and is known for its good quality tea and great service.