As more consumers reach for generic labels to save on money groceries, M&M's maker Mars is spending big bucks on a new acquisition to gain even more shelf space in the snack aisle. The candy bar giant, known for brands such as Snickers and Twix, is gearing up to purchase...

Mars shakes up snack industry with $36B food merger to acquire Pringles maker

960 The Ref

M&M's maker Mars is buying Kellanova, the maker of Cheez-Its and Pop-Tarts, for nearly $30 billion in an effort to broaden its snacking portfolio and expand globally. Kellanova was created last year when the Kellogg Co. split into two companies. Chicago-based Kellanova sells many of the former company's most profitable brands, including Pringles, Eggo, Town House, MorningStar Farms and Rice Krispies Treats. It had net sales of more than $13 billion last year and has about 23,000 employees.

Sweet and salty deal worth $30 billion would put M&M's and Snickers alongside Cheez-It and Pringles

The Independent

Mars, whose brands include M&M's, Snickers and Skittles, is buying food company Kellanova in a deal worth nearly $30 billion, giving it access to a huge portfolio of consumer brands from Cheez-It to Pop-Tarts.Kellanova was created when the Kellogg Co. split into three companies last year. Kellanova, based in Chicago, houses many brands, including Pringles, Town House, MorningStar Farms and Rice Krispies Treats. It had net sales of more than $13 billion last year and has approximately 23,000 employees. Mars Inc. said Wednesday that it will pay $83.50 per share in cash. The company put the total value of the...

Mars, maker of M&M's and Snickers, to buy Cheez-It owner Kellanova for nearly $30 billion

New York Post

OLIPOP, a single-serve soda that is relatively new to the market, recently managed a noteworthy feat when it crushed the competition, including Coke and Pepsi, and became the No. 1 best-selling brand of fizzy drinks at a number of household name grocers across the U.S.

The naturally sweetened pop brand is on track to double sales from 2023 and draw in $0.5 billion in sales for 2024.

“It’s mind-blowing, and it’s amazing,” CEO and Co-Founder, Ben Goodwin, told FOX Business during a phone interview. 

“For better or worse, sometimes I can be a little stoic about it, because, for me, it means we...

Single-serve soda brand outperforms Coke, Pepsi, outsells eggs at various household retail locations

Oreo has been on another level with its launches lately. So far this year, it’s mostly been about the mint chip flavor of the iconic cookie—even bringing it to the cereal aisle—but we can’t forget about the “Star Wars” cookies and the (slightly unhinged) Sour Patch Kids release from the spring.

Oreo and Coca-Cola Are Joining Forces on 2 New Products

Business Insider

Some fast food chains are struggling to boost sales, but Taco Bell is going from strength to strength.

Taco Bell is giving customers exactly what they want right now: cheap fast food

Los Angeles County, CA

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Herbie J Pilato

[Note: The quotes and commentary that appear in this article are from an interview the author conducted with David White in 1989.]. Actor David White, who died in 1991, found great success for his best-known and likable performance as the devious advertising executive Larry Tate on the classic TV sitcom,Bewitched (ABC, 1964-1972).

'Bewitched' Actor David White Forever Mourned the Tragic Pan Am/Lockerbie Death of His Son

Reuters

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Mars to buy Pringles maker Kellanova for $36 billion in 2024's biggest deal

The New Republic

Donald Trump told Elon Musk during their livestreamed conversation on X Monday night that if the election goes poorly, “we’ll meet the next time in Venezuela because it will be a far safer place to meet than our country.” Trump made the statement after mentioning that “crime rates all over the world are going way down,” an odd statement to make before bringing up Venezuela, where postelection protests have left 23 dead and more than 2,000 people arrested, according to the United Nations.Trump says he'll flee to Venezuela if he loses the election and invites Elon to visit him pic.twitter.com/z0gvN6ugI7—...

Trump Tells Elon Musk All About His Plan to Flee if He Loses Election

The Shade Room

Former PepsiCo janitor turned exec Richard Montañez is suing the company for denying that he invented Flamin’ Hot Cheetos. The Associated Press reports the lawsuit states that his career was destroyed after the food giant questioned his claim. RELATED: Mountain Dew To Release New Malt Liquor Version ‘Hard Mountain Dew’ Early Next Year Richard Montañez [...]
The post A Spicy Dispute! Former PepsiCo Janitor Sues Company After Alleging He Invented Flamin’ Hot Cheetos appeared first on The Shade Room.

A Spicy Dispute! Former PepsiCo Janitor Sues Company After Alleging He Invented Flamin’ Hot Cheetos

NBC News

Remains found in a tomb in northwestern Spain are likely to belong to a ninth-century bishop believed to have helped create the Camino de Santiago, one of Christianity’s most popular pilgrimages, a new study has found. A combination of bone analysis, carbon dating, stable isotope analysis and DNA testing...

Bones discovered in Spanish cave likely belong to famed priest who created popular pilgrimage

One of the biggest deals this year brings brands including Pop-Tarts, Eggo waffles, and Pringles under the same ownership as M&Ms and Snickers.

Mars is buying the maker of Pringles and Cheez-It for almost $36 billion

Parade

The 45-Calorie Diet Coke 'Sweet Treat' Fans Are Calling 'Genius'

Papa Johns—comprising more than 5,900 restaurants in 50 countries and territories—has a new president and CEO, effective Thursday, Aug. 1. Todd Penegor, the president and CEO of The Wendy’s Co. (up until this February), succeeds Ravi Thanawala, who has been Papa Johns’ interim CEO since March. Thanawala will resume his role as chief financial officer.

Former Wendy’s CEO Starts Anew at Pizza Chain

When 36-year-old Nelson Cheney was little, he began eating spicy peppers and sauces to impress his dad. Years later, he still consumes these foods, only now for his 1.1 million followers on TikTok. Cheney, known by his social media handle “@craving_capsaicin” — a nod to the chemical compound that gives...

Why humans are drawn to extremely spicy or sour foods — even if they hurt

Coach Prime wants consumers to know they can watch DirecTV without a satellite dish. The company best known for providing the traditional TV bundle through satellite dishes posted on the sides of houses and on top of buildings is rolling out the next iteration of its ad campaign, “For the Birds,” with NFL star-turned-college football coach Deion Sanders joining the flock.

DirecTV is pushing its pay TV bundle — without a satellite dish

South Carolina State

Explore Beaufort SC

The mantis shrimp is one tough customer. Beautiful and deadly are two words you don’t typically use to describe shrimp, but the mantis shrimp is definitely in a class of its own; earning a reputation as the ‘savage boxer of the sea’ and one of the most fearsome creatures in the ocean. And, they're right at home here in South Carolina.

Savage Boxer of the Sea: The Deadly Beauty of Mantis Shrimp

Cooking With Maryann

Maybe it's just me, but it's not summer until I get to eat crab cakes! Don't let this recipe intimitate you! It's really not difficult, just takes a little bit of prep time in the fridge.

Delicious Crab Cakes!

Whiskey Riff

The Bud Light backslide continues. Prior to the spring of 2023, the light beer brand was the best selling in all of the land. Bud Light, which is owned by Anheuser-Busch InBev, was the undisputed leader in beer sales for years. But then that title went away in matter of months, and it all traces back to the partnership Bud Light did with transgender influencer Dylan Mulvaney.

Bud Light Sales Continues To Slip, Now Surpassed By Modelo & Michelob UItra As America’s Best-Selling Beer

Actor Liza Colon-Zayas of the television series “The Bear” talks with NBC News’ Joe Fryer and Savannah Sellers about her Emmy nomination for her performance for the show’s second season. Colon-Zayas also described acting in a scene with her real-life husband in an episode about her character’s backstory.

Liza Colon-Zayas describes shock of nabbing Emmy nomination for ‘The Bear’

NewsBreak

Mars to acquire snack maker Kellanova in $36 billion deal

Mars will acquire Kellanova for $35.9 billion in cash, tying together some of the largest U.S. candy and snack brands, the companies announced Tuesday. The M&M...

Mars to acquire snack maker Kellanova in $36 billion deal

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