chew on this
Posted by Dale Buss on August 9, 2013 06:04 PM
Danone keeps picking up loose pieces of the US yogurt business in the hopes of becoming an even bigger overall force in a national market that is booming while the company's home domain is slumping.
Paris-based Groupe Danone—parent of Dannon USA—bought YoCrunch, a US brand that makes fun products with toppings such as Reese's peanut-butter and chocolate candy, Oreo cookies and M&Ms. The purchase will add a playful factor to the company's presence in the American dairy case that already includes the Danimals brand for kids.
YoCrunch has had double-digit growth over the last few years even though it has been largely outside the main growth engine in the US yogurt market: Greek-style brands such as Chobani. However, YoCrunch does have a lime Greek yogurt with graham-cracker pieces.Continue reading...
Posted by Chana Mayefsky on August 8, 2011 06:00 PM
As Dow closes down 634 points, the S&P downgrade of U.S. probed by Congress.
AIG sues Bank of America and its subsidiaries, Merrill Lynch and Countrywide.
BlackBerry cringes at association with U.K. riots, as violence continues to escalate.
Spotify reportedly has 1.4 million U.S. users, and now valued at $1.1 billion.
BMW leads global luxury auto brand sales through July, followed by Audi.
CenturyLink brand launches in former Qwest markets.Continue reading...