Latest news with #BlueBunny
Yahoo
09-07-2025
- Business
- Yahoo
Shares of Froot Loops cereal maker soar 50% after reports of Ferrero acquisition
Shares of WK Kellogg, the cereal maker behind Froot Loops and Frosted Flakes, skyrocketed as high as 50% after the Wall Street Journal reported Wednesday that Ferrero was nearing acquiring the company for $3 billion. The Wall Street Journal reported the deal, in which the Nutella and Ferrero Rocher maker would acquire WK Kellogg for $3 billion, could be finalized as early as this week. Ferrero, which began as a family business in Italy in the 1940s, has been foraying across the pond into North America. In 2022, it acquired Wells Enterprises, the US-based ice cream company that owned Blue Bunny and and Blue Ribbon popsicles, and had also bought Nestle's US chocolate business. The addition of WK Kellogg, which has a market cap of roughly $1.5 billion and a portfolio of household cereal names from Raisin Bran to Corn Flakes to Apple Jacks, could be its most substantial acquisition yet. In its latest financial year, Ferrero reported a revenue of 18.4 billion euros. WK Kellogg and Ferrero Rocher did not immediately respond to requests for comment. In 2022, Kellogg announced it was spinning off its cereal business, a major shakeup for the more-than-century-old company. Its snack unit was renamed Kellanova. The company said at the time that spinning off the companies will 'better position each business to unlock its full potential,' especially as the company has grown with acquisitions in recent years Last year, Mars bought Kellanova in a deal worth $35.9 billion. The sale of WK Kellogg to Ferrero would be another upheaval in a volatile time for the snack industry, as consumer change preferences and pull back spending amid higher prices. WK Kellogg's CEO Gary Pilnick came under fire last year for encouraging customers to eat cereal for dinner as shoppers grappled with skyrocketing food prices. CNN's Jordan Valinsky contributed to this report. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
07-07-2025
- Business
- Yahoo
The Company Behind Walmart's Great Value Ice Cream Is Bigger Than You Might Expect
Walmart shoppers know that the corporate giant has its own house brand called Great Value. And shoppers on a budget know that this brand, found amongst the scores of other name brands that Walmart carries, is often priced lower than the others. In my personal experience, the Great Value brand is just as good as fancier brands. Come to find out, this is because some of these fancier brands actually make Great Value brand products. For example, Sara Lee makes Great Value breads, and Kellogg's (whose major cereal recall took millions of boxes off shelves) produces some Great Value cereals. When it comes to Walmart's ice creams, a company called Wells Dairy has been churning out the Great Value brand for decades. You may not recognize the name, but you'll know many of the ice creams it makes. Located in Le Mars, Iowa, which is also known as the Ice Cream Capital of the World, Wells Dairy (which is now officially called Wells Enterprises) began in 1913 as a horse-drawn wagon milk delivery service. In 1925, it began making ice cream and hasn't stopped. Not only does Wells Dairy make Great Value ice cream, but it also produces the frozen treats for Blue Bunny, Halo Top, Bomb Pop, and Blue Ribbon Classics. The dairy manufacturer is so huge that overall production requires a 900,000 square foot plant and a freezer that is 12 stories tall. And this is just in Le Mars; the company also has a production facility in New York. Overall, Wells Dairy makes over 150 million gallons of ice cream every year. Read more: Brands Of Vanilla Ice Cream Ranked From Worst To Best Churning out Great Value brand ice cream is undoubtedly a huge piece of Wells Enterprises' business, but the size and overall impact that the company has made in the frozen treat world is also notable. There is an entire Wells Enterprises visitors center in Le Mars where throngs of tourists visit every year to sample ice cream (the ice cream parlor has 40 flavors to choose from), tour the facilities, and get a glimpse of how all that ice cream is made every day. If you like the Great Value brand Sea Salt Caramel ice cream flavor, which we found to taste just as good as other brand names, try the parlor's Salted Caramel Craze flavor and see how it compares. Wells didn't always make Great Value ice cream. In fact, the relationship between the two corporations began with a Walmart store in Kansas selling the Blue Bunny line of ice cream, which Wells was already making at the time. In what would become an enormous business relationship, Wells agreed to make the Great Value brand of ice cream, while Walmart would continue to sell Blue Bunny (not to mention Halo Top, Bomb Pops, and Blue Ribbon) in its stores, even when offered right next to its own house brand. If you like Bomb Pops, we ranked some flavors to find the one that reigns supreme. For more food and drink goodness, join The Takeout's newsletter. Get taste tests, food & drink news, deals from your favorite chains, recipes, cooking tips, and more! Read the original article on The Takeout.
Yahoo
19-05-2025
- Health
- Yahoo
Over 20 Different Brands Of Ice Cream Recalled For Potential Plastic Contamination
I scream, you scream, we all scream for ice cream, but before you eat another bite, be sure to check the packaging. That's because there is a massive recall of nearly 18,000 containers of ice cream, frozen treats, and frozen yogurt over concerns that they could contain pieces of plastic. Wells Enterprises, an Iowa-based ice cream manufacturer, which is the parent company of Blue Bunny, Bomb Pops, and Halo Top, issued the voluntary recall last month, according to recently released information from the Food and Drug Administration. Dallas news outlet KXAS-TV reports that the nationwide recall includes 22 flavors across a variety of brands of ice cream and frozen yogurt, which were all sold in three-gallon containers. The ice cream was distributed from 103 centers across the United States, including Houston, Texas and Fort Worth, Texas. The recalled products have 'Best If Used By' dates ranging from March to October 2026. If you picked up any of these flavors before the long weekend and the summer heatwaves, throw them out or return to the store where they were purchased. These are the affected products. More details, including recall numbers, codes, quantities and descriptions, were posted online by the FDA: Rocky Road Flavored Ice Cream: 169 3-gallon tubs Mocha Almond Fudge Ice Cream: 359 3-gallon tubs Peanut Butter N' Fudge Ice Cream: 201 3-gallon tubs Country Rich Vanilla Ice Cream: 240 3-gallon tubs Scooper Hero Ice Cream: 726 3-gallon tubs Cotton Candy Flavored Ice Cream: 39 3-gallon tubs GFGB Vanilla Bean Flavored Ice Cream: 120 3-gallon tubs Quick Blend Vanilla Flavored Ice Cream: 280 3-gallon tubs Planet Smoothie ZSA Vanilla Flavored Fat Free Frozen Yogurt: 937 3-gallon tubs Johnny Rockets Vanilla Flavored Ice Cream: 100 3-gallon tubs BIPC Flavored Ice Cream: 1,858 3-gallon tubs Vanilla Frozen Yogurt: 5,280 3-gallon tubs Vanilla Flavored Ice Cream: 961 3-gallon tubs GFGB 12% Vanilla Flavored Ice Cream: 109 3-gallon tubs Gordon Choice Vanilla Flavored Ice Cream: 1,080 3-gallon tubs Vanilla Bean Ice Cream with Madagascar vanilla: 320 3-gallon tubs Glenview Farms Vanilla Flavored Ice Cream: 1,573 3-gallon tubs Glenview Farms Chocolate Ice Cream: 67 3-gallon tubs Glenview Farms Artificially Flavored French Vanilla Ice Cream: 2,261 3-gallon tubs Artificially Flavored French Vanilla Ice Cream: 17 3-gallon tubs Keith Valley Vanilla Flavored Ice Cream: 569 3-gallon tubs Ellington Farms Vanilla Flavored Ice Cream: 600 3-gallon tubs In case you're still hankering for ice cream, here's our recipe for a homemade treat. Read the original article on Southern Living
Yahoo
19-05-2025
- Business
- Yahoo
Nearly 18,000 tubs of ice cream and frozen yogurt recalled over potential plastic contamination
The company that makes Blue Bunny and Halo Top products has recalled nearly 18,000 containers of ice cream and frozen yogurt over concerns that the foods possibly contain pieces of plastic. Wells Enterprises, an Iowa-based company, issued the voluntary recall on April 25, according to a report from the Food and Drug Administration last week. The nationwide recall includes 22 flavors of ice cream and frozen yogurt in 3-gallon tubs. The items have 'Best If Used By' dates ranging from March 2026 to October 2026. The affected 3-gallon-tub products were distributed at 103 centers nationwide, including Le Mars, Iowa Wyoming, Mich. Rosemont, Ill. Houston, Texas Fort Worth, Texas The FDA provides a detailed list of all the recalled products in its report. The recall is considered a Class II event by the FDA. This means that if the product is consumed, it may 'cause temporary or medically reversible adverse health consequences,' according to the FDA website. There have been no reported illnesses related to the recall as of Sunday, May 18. The FDA report does not include instructions for consumers who have purchased affected containers. The Wells Enterprises website encourages customers to fill out a form with any questions, comments or concerns.
Yahoo
19-05-2025
- Business
- Yahoo
Nearly 18,000 tubs of ice cream and frozen yogurt recalled over potential plastic contamination
The company that makes Blue Bunny and Halo Top products has recalled nearly 18,000 containers of ice cream and frozen yogurt over concerns that the foods possibly contain pieces of plastic. Wells Enterprises, an Iowa-based company, issued the voluntary recall on April 25, according to a report from the Food and Drug Administration last week. The nationwide recall includes 22 flavors of ice cream and frozen yogurt in 3-gallon tubs. The items have 'Best If Used By' dates ranging from March 2026 to October 2026. The affected 3-gallon-tub products were distributed at 103 centers nationwide, including Le Mars, Iowa Wyoming, Mich. Rosemont, Ill. Houston, Texas Fort Worth, Texas The FDA provides a detailed list of all the recalled products in its report. The recall is considered a Class II event by the FDA. This means that if the product is consumed, it may 'cause temporary or medically reversible adverse health consequences,' according to the FDA website. There have been no reported illnesses related to the recall as of Sunday, May 18. The FDA report does not include instructions for consumers who have purchased affected containers. The Wells Enterprises website encourages customers to fill out a form with any questions, comments or concerns.
