The private-equity firm that owns Pabst Blue Ribbon beer is planning to bid on the Hostess cake brands division – which includes Ding Dongs, Ho Hos, Drake’s Devil Dogs, and…Twinkies. Could a PBR-like revival be in the snack …
Food and Beverage Industry
Q&A: Why Would Patrick ‘McDreamy’ Dempsey Buy a Seattle-Based Coffee Chain?
Patrick Dempsey’s doing just fine without having to pull a West Coast coffee chain from the brink of extinction. But Dempsey’s not satisfied merely acting.
Now There’s an Official Way to Threaten Businesses with Bad Online Reviews
Anyone and everyone can write reviews of hotels and restaurants at sites like TripAdvisor and Yelp. So why would anyone pay $100 for a card that simply states “I Write Reviews” — something that, to repeat, anyone and everyone can do?
How Much Is Twinkies Worth?
The iconic brand is still on the market and will likely be sold in a matter of weeks. But what’s its true value?
How Fast Food Restaurants Tempt You into Breaking New Year’s Resolutions
Naturally, restaurants launch some of their most tempting deals of the year in January, making it extra difficult to keep resolutions.
Budweiser Tries to Get All Sophisticated By Putting on a New ‘Black Crown’
Next up in Budweiser’s efforts to lose its stale image is the Anheuser-Busch launch of two slick new upscale brews—which are supposed to appeal to drinkers who usually opt for flavorful craft beers or hip liquor brands.
Why Restaurants Have Been Holding Back on Hiking Menu Prices
As food prices rise, the cost of dining out inevitably inches up as well, right? Well, maybe not.
Why Is Walgreens Selling Sushi? The Changing Business of Drugstores
Drugstores are generally considered as little more than necessary and convenient. But now that some Walgreens boast nail salons, cafes serving sushi and smoothies, and impressive selections of beer, wine, liquor, and cigars, can …
Is Herbalife a Pyramid Scheme, the Target of Market Manipulation, or Just a Good Gripping Yarn?
Australian money manager John Hempton has called the battle between investor Bill Ackman and nutritional-supplement company Herbalife “hedge-fund porn.”
There is indeed something vaguely obscene about the ongoing drama, …
187,000 Lb. of Marijuana Annually? Legal Pot Business to Bloom in Washington
Voters in Colorado and Washington recently approved the legalization of marijuana for recreational — not “medical” — purposes. But this hardly means that the business of growing and dispensing of pot will be all fun and games.
NHL Lockout Is Over! Guess Who’s Happier than Fans or Players?
All along during the NHL lockout, fans have felt like they’ve been held hostage by both sides of the negotiations. But that’s nothing compared with businesses that rely on NHL game-day crowds — which have been laying off …
Fast Food: Spreading like the Blob
Fast-food chains are seeping into places — and times of the day — that until recently were mostly fast-food-free zones