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21.03.26 - 09:12
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Koalition will Lebensmittelpreise unter die Lupe nehmen (DPA-AFX)
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BERLIN (dpa-AFX) - Die steigenden Lebensmittelpreise infolge des Iran-Kriegs werden zum Thema für die Bundesregierung. Die Taskforce von Union und SPD, die sich zuletzt bereits mit den in die Höhe geschnellten Spritpreisen beschäftigt hatte, werde sich ......
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20.03.26 - 22:42
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Legendary Midwest Fast-Food Icon Spirals Into Bankruptcy (ZeroHedge)
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Legendary Midwest Fast-Food Icon Spirals Into Bankruptcy
Another fast-food institution is fighting for its life as Byron's Kitchen files for Chapter 11 bankruptcy protection amid a brutal wave of restaurant closures and restructurings sweeping the food industry, according to The Street.
The Chicago-based chain, a beloved local staple since 1975 and now marking over 50 years of slinging dogs, officially sought bankruptcy relief on March 16 in the Northern District of Illinois. Owner Mike Payne and the team behind Byron's Kitchen Incorporated are using the filing to restructure crushing financial obligations while keeping the grills firing at their two remaining locations.
“As of 2025, the company maintains active operations at two primary locations situated at 1701 W. Lawrence Ave and 1017 W. Irving Park Rd," RK Consulting reported on X.
The chain even recently poured money into upgrades like new indoor heated seating, a clear sign they're betting on survival rather than surrender.
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20.03.26 - 13:48
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"Lot Of Questions On Structure:" Goldman Reacts To Old Bay Maker′s Bid For Unilever Food Unit (ZeroHedge)
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"Lot Of Questions On Structure:" Goldman Reacts To Old Bay Maker's Bid For Unilever Food Unit
Bloomberg reported earlier this week that Unilever Plc was in early talks to sell its food business - a move that would end its competition with major packaged-food rivals, including Nestlé, PepsiCo, and Kraft Heinz.
By Friday morning, Unilever stated in a press release that, despite "media speculation regarding a potential transaction involving its Foods business," it had, in fact, received an "inbound offer" for the unit from Hunt Valley, Maryland-based McCormick & Company.
"Unilever confirms that it has received an inbound offer for its Foods business and is in discussions with McCormick & Company, Inc. There can be no certainty that any transaction will be agreed," the Anglo-Dutch consumer goods company said.
Bloomberg reported earlier this week that Unilever was in the early stages of offloading all or part of its food business.
Unilever CEO Fernando Fern...
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20.03.26 - 11:01
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Hormel Foods Corp Profit Climbs In Q1 (AFX)
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WASHINGTON (dpa-AFX) - Hormel Foods Corp (HRL) announced earnings for its first quarter that Increases, from the same period last yearThe company's earnings totaled $181.80 million, or $0.33 per s......
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20.03.26 - 10:54
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Marmite maker Unilever in talks to merge food business with US-based McCormick (The Guardian)
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Group, which also owns Dove and Hellmann's, will focus more on personal care products if deal agreedUnilever, the owner of Marmite, Dove and Hellmann's mayonnaise, is in talks to combine its food business with the US-based spice and seasoning maker McCormick.The Anglo-Dutch food company – which last year spun off its ice-cream division, the home to Ben & Jerry's, Magnum and Wall's – has entered discussions over the future of the “highly attractive” business. Continue reading......
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