Blog: Holy war on the Golden Arches
Catherine Sleep | 10 January 2006
Staying with Italian fastfood, an Italian baker who did the unthinkable and put a McDonald’s branch out of business has become a hero of the Slow Food movement.
Luigi Digesù (meaning “of Jesus”) took up a site adjacent to a McDonald’s outlet in Altamura five years ago. His bread and pizza products proved so popular that customers flooded into his store, ignoring its globally famous neighbour, which was eventually forced to shut up shop.
Sniffing success, DeGesu has hired an assistant, thus doubling the size of his workforce. There is even talk of a second store.
So it’s early days, but as the saying goes, “Tall oaks from little acorns grow”.
Danone completed its US$12.5bn acquisition of WhiteWave Foods this week. The move will roughly double Danone's presence in North America, where WhiteWave is a top four dairy player. ...
Premier Foods plc revealed today (28 March) it has secured a deal with its pension scheme trustees that will see the UK food maker reduce its pension burden....
Hain Celestial, under the scrutiny of the investment community in recent months and facing some challenges in its domestic market, has announced another shuffling of its management pack....
FrieslandCampina, which today served up higher profits but lower sales for 2016, is ready to offload the last non-dairy business owned by the Dutch cooperative giant....
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