Food & Beverage News

Keurig Dr Pepper has entered into an agreement to acquire Core Nutrition L.L.C. for $525 million. Core Nutrition is a manufacturer of Core Hydration, a bottled water, and Core Organic, and the business has annual sales of approximately $200 million. Prior to the acquisition agreement, Keurig Dr Pepper and Core Nutrition were working together. Approximately…

The restaurant industry has to contend with a new giant. The parent of Arby’s, Inspire Brands Inc., announced that it had agreed to acquire Sonic Corp. in a deal valued at about $2.3 billion, adding more than 3,600 locations of the burger chain to a portfolio that also includes Buffalo Wild Wings and Rusty Taco. The deal would…

Papa John’s International Inc., the world’s third-largest pizza delivery company, has reached out to potential acquirers to ask them to submit offers, people familiar with the matter said on Wednesday. Papa John’s has come under pressure by founder John Schnatter, who owns about 30 percent of the company. He resigned as chairman in July following…

Beth Comstock, American business executive and current Vice Chair of General Electric, once said: “Marketing’s job is never done. It’s about perpetual motion. We must continue to innovate every day.” Getting a leg-up as a cash-strapped small business owner may seem nearly impossible. Each year brings new social and technological trends to our society, and small…

With competition fierce, every restaurant is looking for ways to inspire loyalty from its customers. Lawry’s the Prime Rib—Chicago decided to start at the beginning. The company created the Junior Carver Program, a loyalty program that focuses on children. Lawry’s, which has 12 locations, eight of which are international, was founded in 1938 in Beverly Hills…

Chipotle Mexican Grill Inc. has been relatively quiet lately on the marketing front as it deals with the fallout of a food-safety crisis. Now, it’s turning the page. The fast-casual restaurant chain is launching its biggest ad campaign ever in terms of spending within a quarter, as it looks to rehabilitate its image and turn it…

If customers aren’t on a first name basis with Dunkin’ Donuts by now, the Canton, Mass-company hopes they will be soon. “It’s time we take our relationship with our consumers to the next level,” said the company’s chief marketing officer Tony Weisman on a call discussing the plan to formally rebrand as Dunkin’. Dunkin’, which…