What do hail storms in Turkey have to do with the supply of Nutella at your local grocery store? A lot, actually. Hazelnut prices are away up due to a worldwide shortage. Ferrero, the company that makes Nutella, uses about 25% of the hazelnuts in the world. It and simplified its supply chain this year by acquiring a major hazelnut processor, Oltan in Turkey. [More]
While we Americans are here drinking our McCafé caramel mochas and blueberry pomegranate smoothies like a bunch of suckers, over in Hong Kong, McDonald’s customers get to experience a magical pairing of two of my favorite food groups: caffeine and candy. And cake. There is also cake. [More]
You’re probably no slump at reading headlines so by now you’ve probably figured out that it takes more than one country to make a jar of Nutella. Because otherwise what would be the point, that’s not news, that’s normal and ho-hum. And yes, it takes a lot more than just say, Italy, where Nutella’s parent company Ferrero is located, to deliver hazelnut spread to the masses. [More]
Remember when that pack of slavering corporate lawyers went after a helpless World Nutella Day, hounding it through the woods and nipping at its heels, trying to silence its delicious message forever? Hush now, that was aaaaall a bad dream, since Ferrero has called off its ravenous legal team and decided to let World Nutella Day live on.
Remember last year, when various media outlets reported that the mother of a four-year-old child was suing the makers of Nutella for advertising it as a health food? Everyone thought that this was hilarious, because hey, lady, fat-laden choco-paste ain’t a health food. It’s time for us all to stop laughing now, because the class-action lawsuit has been settled for about $3 million, $2.5 million of which is going to consumers willing to admit that they can’t read a nutrition label.