Tyson Foods stock surged earlier this week on the news of massive quarterly profits. John Tyson’s personal fortune gained $300 million. He’s now worth $3.3 billion and is again America’s richest meat supplier. Business has been good for Tyson, but a new study suggests it has profited while avoiding environmental costs. The Union of Concerned Scientists, an
Food & Drink
A team of highly lauded Philadelphia craft beer veterans are forming what appears to be the nation’s first brewery/distillery collective. It will, among other objectives, revive abandoned craft beer recipes, brew according to strict German regulations, and establish a one-of-a-kind destination in the region. Gathering under the name “Mutual Respect Brewers Co-op” and headquartering at
Drew Brees is one of the greatest quarterbacks in the history of the NFL. He is second only to Tom Brady in total passing yardage and touchdowns thrown. Most of his legendary career was spent in New Orleans. And if there’s one thing this city loves as much as its beloved Saints, it’s great food
One of the most comprehensive economic reports ever undertaken to assess the beer industry’s impact on the global economy was just released. It highlights the crucial role it has as an economic engine. The report, Beer’s Global Economic Footprint, was authored by Oxford Economics on behalf of the Worldwide Brewing Alliance (WBA). It found that
Whether you’re cutting back to prioritize health, manage pandemic stress, or jump start your 2022 fitness goals, you’ve probably noticed the expanded variety of zero-proof options now available at restaurants, bars and grocery stores. According to a recent Nielsen study, off-premise sales of nonalcoholic beverages increased by more than 33% in 2021, and online non-alcoholic
Focus Brands has a deep restaurant roster that includes shopping mall heavyweights like Auntie Anne’s and Cinnabon, so it may come as some surprise that the company had a record-breaking year in 2021 for both sales and franchise agreements. The plight of the shopping mall was well documented prior to the pandemic due to the
Walmart, the world’s biggest retailer, is taking vertical integration to a new level, by investing in vertical agriculture. Yes, the retailer, which already operates its own bank, is going into the farming business. It’s a big deal for them, or at least for vertical agriculture. Walmart, with 2.2 million employees, recently took a stake in
Edible enlightenment from our eatery experts and colleagues Monie Begley, Richard Nalley and Randall Lane, as well as brothers Bob, Kip and Tim. JoJo JoJo 160 East 64th St. (212-223-5656) Jean-Georges Vongerichten opened JoJo in 1991, and for many of the years since, it has been a Three Star in our All-Star Eateries. Due to
A wine writer and her mentor share a bottle of wine without drinking it My annual birthday tribute to someone who taught me more about wine than any textbook I’ve ever read. Many people meet their mentors in offices. I met mine over a glass—make that several—of Riesling. It wasn’t that Diane Teitelbaum and I were
Two former executives of Lily’s Sweets, which was recently acquired by Hershey for an estimated $450 million, have officially joined Monogram Capital as operating partners. Lonna Borden and Seth Monette — previously Chief Operating Officer and Chief Customer Officer, respectively, at the low-sugar chocolate company, promise to leverage their experience to provide guidance and value-add
Let me begin with a quick recap. A few weeks ago, the organizers of ProWein in Düsseldorf, Germany, one of the wine industry’s largest and most-attended trade fairs, announced that they’ve rescheduled their fair dates for this year from late March (their traditional, typical “slot” in the calendar) to mid-May instead. The dates they chose
For the 12th year in a row, strong consumer demand for premium spirits drove significant market share gains for the US spirits industry. In its annual review and report on the state of the US spirit industry, the Distilled Spirits Council of the US (DISCUS) highlighted the factors primarily responsible for the continued rise in
Last week, Upside Foods, which is developing cell-cultured meat, announced its acquisition of Cultured Decadence, a start-up that aims to make seafood from cells, starting with lobster. Yes lobster. Why? Of course, lobsters are over-fished, as is most seafood. But that reality alone does not create consumer demand. All that matters at the end
The Texas energy grid failed around this time last year. Now power outages are again hitting hundreds of thousands across the country as communities reel from another winter storm. And I’m curled up next to my space heater in New York City wondering whether the constant bouncing from crisis to crisis will finally give the food
Having a big wedding can be cheesy, so one Brooklyn pizzeria is taking the micro-wedding trend into its own hands. This Valentine’s Day, Monday, February 14, L’industrie Pizzeria in Williamsburg is partnering with Honeybreak Officiants to sling out fourteen special pizza-centric weddings. The inclusive 10-minute ceremony with I Do vows and a license signing, can
A woman could feel her palms sweat as she entered the traditional fine wine store filled with dark, beautifully carved wood shelves that contained expensive wine bottles from all over the world. She had been reading about one particular bottle from Burgundy, France that she wanted to purchase but she was new to wine and
The number of new foreign-born workers in the United States declined because of the Covid-19 pandemic, but U.S. workers were not better off, according to new research. That refutes a long-held anti-immigration argument and addresses a concern raised by some labor unions. Worker shortages, partly a result of restrictive immigration policies and made worse by
At this point, it’s safe to say most brands have a “signature” chicken sandwich to compete in the intensely competitive category ignited by Chick-fil-A and bolstered by Popeyes. Those sandwiches have generated sustained success throughout the past couple of years, illustrating a consumer set that’s not even close to getting tired of such options. Fortunately
Salty snacks company Benestar Brands, which operates across the U.S. and Mexico, has acquired premium pork rinds producer 4505 Meats. Insiders estimate the deal size is between $50 million to $100 million. 4505 Meats was founded in 2009 by San Francisco-based butcher and chef Ryan Farr as a way to utilize discarded chicharrones, and its
Valentine’s Day is coming up, and reservations for New York City restaurants are already being filled. Let Cupid’s arrow bend you towards a delicious meal and date night experience at one of these local eateries eager to create a memorable and romantic Valentine’s dinner for you and your sweetheart. Lincoln Ristorante Enjoy an exquisite dining