Food & Beverage
Burger King brings a plant-based Whopper to Europe
Sales of plant-based meat substitutes have grown an average of 22% annually in Eastern Europe over the last five years, and 13% annually in Western Europe.
Premium Brands down on indirect fallout of China’s swine fever outbreak
Company says prices for specialty pork products it imports from Europe spiked because China is importing much more pork.
Ben & Jerry’s sued over ‘happy cow’ characterization
False advertising by saying the milk and cream in its products comes from “happy cows.”
Despite fires, California wine is doing just fine for now
Overall, vintners estimate that the region lost only about 5% of its harvest to fire and smoke.
Maple Leaf Foods to reduce environmental footprint and become carbon neutral
Plan is based on reducing emissions and investing in environmental projects in Canada and the US.
B.C. site testing over 700 samples of kombucha for alcohol levels
Alcohol is a normal byproduct of the fermentation process but levels can increase as kombucha products sit.
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McCain Foods NB potato plant expansion to create 80 jobs
Will install an advanced tech potato specialty production line ready to roll by 2021.
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Pork, beef exports to China to resume after five-month suspension
China still bans the import of Canadian canola seed, alleging contamination; that dispute has gone to the WTO.
Second McDonald’s executive out after CEO fired
CEO Steve Easterbrook was fired for violating company policy by having a consensual relationship with an employee.
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Sobeys benches divert 720,000 plastic bags from landfill
Ultimate Picnic Table made by LakeCity Plastics in Dartmouth is unveiled at the Halifax Waterfront.
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Molson Coors Brewing cutting 400 to 500 jobs and restructuring operations
Montreal-based brewer will also close its Denver office and designate Chicago as its North American operational headquarters.
Lassonde juice maker buying BC’s Sun-Rype for $100M
Acquisition strengthens Quebec company’s presence in Canadian and US markets.
Beverage companies aim to get bottles recycled, not trashed
Coca-Cola, PepsiCo and Keurig Dr. Pepper are investing US$100 million to improve recycling collection and processing.
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Know your competition to ensure business success
What to focus on while you identify, analyze, and determine their strengths and weaknesses.
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Why cash flow management matters
Profitability is important, but cash is the real king of business.
