Dunkin' Donuts' newest restaurant set to open in Quincy, Mass., today will be the second to be named simply Dunkin'. The location will also test new features including multiple drive-thru lanes, the company said.
Amazon could become the largest grocery retailer by 2030, especially if it continues to boost its growth through acquisitions, according to business analyst Brittain Ladd. Amazon needs to grow its grocery infrastructure and could do so by acquiring another national chain such as Target, Ladd said.
Fairway Market will work with FutureProof Retail to deploy an app that allows customers to scan their items for line-free checkout. The app should add convenience for customers and free up more time for staff members to serve them, said Dorothy Carlow, chief marketing officer of Fairway.
The Canadian Roundtable for Sustainable Beef has released its Certified Sustainable Beef Framework, finally setting verifiable standards for sustainable production. The framework includes an audit cycle and chain-of-custody requirements to verify sustainability claims.
After investing almost $150 million in Utz Quality Foods 15 months ago, private equity company Metropoulos & Co. has sold its stake back to Utz. The snack-maker aims to boost its manufacturing capacity, move into new product categories and expand to new markets, said President and Chief Operating Officer Tom Flocco.
PepsiCo is rolling out its new "Pepsi Generations" campaign, which includes retro beverage packaging, throwback ad campaigns and a revival of its Pepsi Stuff loyalty program. As part of the rewards platform, fans can collect Pepsi Points and redeem them for items including vintage hats, coolers and bikes.
Ferrero has acquired Nestle's US chocolate business for $2.8 billion and expects to close the deal by the end of the first quarter this year. The acquisition is the Italian confectioner's third in the US in less than a year, and will make it the third largest chocolate company in the country.
Diageo, maker of Johnnie Walker Scotch, has reportedly filed to trademark the name "Jane Walker" for a broad range of spirits. The company has offered no clues as to which products may use Johnnie's female counterpart.
Marinating meats for more than 24 hours can take them past the point of being tenderized and make them mushy because the acids in vinegar, yogurt or citrus juice will break down the muscle fibers, writes Alex Delany. Chicken, pork, steak and lamb all benefit from a marinading time of just 15 to 20 minutes.
Developing talented leaders in a fast-growing industry where the skills don't necessarily translate from other industries is a significant challenge for Taylor Farms CEO Bruce Taylor. He's getting help from PMA, which has a program that reaches out to college graduates to get them interested in careers in the food business.
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