Panera Bread Company, the US-based bakery franchise, has reached an
agreement with a group of investors to open 14 bakery-cafes in
northwest Los Angeles county. Adler, Glazer and Wyss will operate
under the franchise group name Mariposa...
In the US Bake-Line Group, a leading supplier of private label
cookies and crackers, has purchased Turnbull Bakeries, a
Tennessee-based private label manufacturer of biscuit and wafer
products.
Canadian company Maple Leaf Foods has reported its financial
results for the first quarter ending 31 March, with solid increases
in both sales and profits.
America's biggest food company, Kraft Foods, announced a rise of 20
per cent in earnings for the 2002 first quarter, attributing strong
volume growth in beverages, desserts and new products to the
increased earnings.
US cereal company Kellogg Co. agreed this week to sell its
Bake-Line Products business to Atlantic Baking Group, the privately
held baking group said on Wednesday.