Del Monte Foods announced that it is considering selling its StarKist seafood division to Dongwon Group, a South Korean food company. The discussion is part of Del Monte's exploration of "strategic alternatives" for the seafood business.
As Kraft Foods expands in emerging economies, the company must also narrow its brand focus. In Russia, that means zeroing in on brands for affluent consumers, such as Carte Noire coffee and Milka chocolate.
Minute Maid Park in Houston has a new offering for baseball fans: the Goya Latin Cafe. Goya Foods President Robert Unanue explains why the company is moving in this direction and how it is handling rising commodity and fuel costs.
Cadbury took home top honors in the Cannes International Advertising Festival's film-ad category. The company was honored for its 90-second gorilla ad that aired during prime time on British TV. Cadbury tied with Microsoft for the top prize.