USA Today
White Castle is introducing a fake-meat version of its famous mini-burgers. The burger uses a patty made by a California-based start-up, Impossible Foods. It is scientifically engineered to make plant-based ingredients taste like actual ground beef. Called the Impossible Slider, it will be initially sold at 140 White Castle eateries in the New York, New Jersey and Chicago with the potential for a nationwide rollout.
Sports Business Daily
Major League Baseball has touted Procter & Gamble’s Gillette as its longest-tenured sponsor, with baseball ties that date back more than 100 years. The new presence this season of Barbasol as an MLB sponsor in the shaving-cream category gave an indication that Gillette’s days as an MLB sponsor had gone the way of Wagner. Gillette’s departure leaves Anheuser-Busch as MLB’s longest-tenured corporate sponsor.
Chicago Business Journal
Sears is closing its last department store in Chicago this summer. The retailer has closed hundreds of stores over the last few years as it struggled with slowing sales as shopping trends changed. Last year, the company said it would close nearly 200 stores by the end of 2017 in hopes of saving $1.25 billion a year. In January, Sears said it would close another 100 stores, including 64 Kmart stores and 39 Sears stores.
MarketWatch
Hostess Brands Inc. has named Andrew Callahan as CEO. Callahan, previously president of retail packaged brands at Tyson Foods, replaces C. Dean Metropoulos, Hostess's executive chairman, who had been serving as interim CEO since March 31. The company's previous CEO, Bill Toler, retired last October.
Washington Post
Anne Finucane, a vice chairman at Bank of America, announced the plans Tuesday in an
interview with Bloomberg Television, saying the bank had “intense conversations over the last few months” with its gun-manufacturer clients to let them know Bank of America would no longer finance their operations.
Evening Standard
Currently, the blend of mayonnaise and ketchup is available only in the Mideast. But Heinz, on Twitter, says it will bring the product to the States if it gets 500,000 votes on its Twitter page. Meanwhile, some in England were upset that the product isn’t sold there, yet others noted that the sauce could be made at home by mixing mayonnaise and ketchup.
Business Insider
Teens' growing appreciation for the chain is most likely tied to the chain's aggressive growth in recent years. While Chick-fil-A has an established cult following in the South, the chain is now gaining fans in places such as
New York City and the
Midwest. Chick-fil-A's win caps off the chain's steady rise as a teen obsession.
USA Today
The latest entrant in the sour sweepstakes is the popsicle-like version of Sour Patch Kids candy, arriving just in time for the warmer weather of spring. Sour Patch Kids Flavored Ice Pops will be sold in retail and club stores throughout the U.S. Like the candy, the ice pops start out with a sour taste then turn sweet. They'll come in a variety of fruit flavors.
Whole Foods Magazine
Lucky’s has 28 stores in 11 states and has focused on cities where the demographics are millennial-heavy, such as Jackson Hole, Wyo., and Savannah, Ga., notes Food Dive, which attributes the accelerated growth plan to competition from Sprouts Farmers Market, which is aggressively rolling out to new regions. Kroger is an investor in Lucky’s, which was founded in 2003 by chefs Bo and Trish Sharon.
Brand Channel
Marriott’s Bistro Bar held a relaunch event in downtown New York, where Callette Nielsen, VP and Global Brand Leader for Marriott’s Courtyard, Fairfield, Four Points and SpringHill Suites brands, spoke about the 18-month-long development of the new menu and experience and how Courtyard by Marriott is elevating the overall guest experience.