Mergers & Acquisitions
Beverage Innovator Lumen Spirits Acquires Craft Distillery Highland Reserve in $180M Deal
Lumen Spirits is acquiring Asheville-based Highland Reserve distillery for 80 million, adding award-winning bourbons an…
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Product Launches & Innovation
Cargill Launches $500M Sustainable Cocoa Initiative Targeting West African Supply Chain
Cargill commits 00 million over five years to improve farmer income and environmental practices across West African coc…
Mergers & Acquisitions
Marriott International Names Industry Veteran Priya Sharma as Chief Food & Beverage Officer
Sharma, a veteran of Hyatt and Four Seasons with Michelin-starred restaurant experience, will oversee food and beverage…
Restaurants & Foodservice
Sweetgreen Posts Record Q1 Earnings, Launches AI-Powered Digital Menu Platform
Sweetgreen's first-quarter revenue climbed 24% year-over-year to 15 million, while an AI-powered menu platform in pilot…
Product Launches & Innovation
Coca-Cola Reformulates Flagship Cola with Reduced Sugar in U.S. Market
Coca-Cola Classic will contain 30% less sugar starting July 2026, using a blend of cane sugar and stevia to maintain ta…
Mergers & Acquisitions
Hilton Worldwide Opens 100th Property in India, Targeting Tier-2 Hospitality Boom
Hilton reaches 100 properties in India and pivots expansion toward tier-2 cities where domestic travel demand exceeds 2…
Product Launches & Innovation
Tyson Foods Invests $1.2 Billion in Plant-Based Protein Manufacturing Facility
Tyson Foods will invest .2 billion in a Kansas plant-based protein facility expected to produce 1,800 jobs starting lat…