Campbell Soup Goes Grocery Shopping, Spends $231M On Salsa

Campbell Soup Goes Grocery Shopping, Spends $231M On Salsa

Consumers have made their preferences known: their tastes are turning more toward fresh, organic, and minimally processed food. Large food manufacturers like Hormel and Campbell Soup Company are solving this problem by going out and acquiring smaller independent brands in the “fresh and organic” sector that people already like. The Campbell Soup Company announced today that it’s buying Michigan-based Garden Fresh Gourmet for $231 million. [More]

All these are worth less than a popular messaging app.

27 Major Companies That Are Worth Less Than WhatsApp

Just how big of a deal is the $19 billion WhatsApp is getting from Facebook in the acquisition announced yesterday? It’s a pretty freaking big deal — especially when you consider that there are a whole lot of major companies –including many that produce physical goods you can reach out and touch — that have been around longer than WhatsApp and are worth a lot less. [More]

January Food And Supplement Recall Roundup: Dairy Invasion

January Food And Supplement Recall Roundup: Dairy Invasion

Undeclared dairy products seem to be showing up in lots of places where they aren’t wanted: candy, gluten-free bread mixes, and even dietary supplements. Welcome to the January Recall Roundup for edible items. [More]