Total Produce, Europe’s Largest Produce Provider, is Fixing to Buy 45% of Dole Food Co.
If the deal follows through, Total Produce will be able to acquire an additional 6% of Dole Food Co. stock within two years and potentially buy Dole Food Co. in its entirety soon after that. More about this new here.
PepsiCo Displayed Over 64,000 In-Store Super Bowl Displays This Year
Did you know Super Bowl Sunday is the second largest food consumption day in the United States? PepsiCo does and they prepared for it for the last six months. Read more about this here.
The Cheesecake Factory Will Donate to Feeding America This February
The Cheesecake Factory plans to donate one meal to Feeding America for every delivery order made with DoorDash during the entire month of February. Click here to learn more.
The Cost of Produce May Increase Because of New Trucking Regulations
In an effort to reduce fatigued truck drivers, electronic logging devices are being used to track their hours and distance. Experts are concerned that this will increase produce costs because truckers won’t be covering as much distance as before. More about this news here.
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Source: TABC Blog by Learn 2 Serve