MTY Food Group Inc. announced today that pursuant to the announcement made on June 6, 2019, one of its wholly-owned subsidiaries has acquired the assets of Yuzu Sushi, a fast-growing chain of sushi restaurants. Steve Morency and Frédéric Matte will remain at the helm of the brand, which will also retain its head office in Quebec City.

Campbell Soup Company has sold its international baked snacks division, Kelsen Group, to a Ferrero affiliate for US$300 million. In a press release issued Friday, Campbell said the Kelsen-Ferrero deal would allow it to reduce debt. The food and beverage maker made the same comment earlier this year when it sold its Bolthouse Farms business to Butterfly Equity for $510 million.

Starbucks Canada is launching door-to-door delivery service in partnership with Uber Eats.  Starbucks Delivers will be available in major cities, including Toronto, Vancouver and Calgary, starting this summer. The company expects the service to help it reach new customers using the Uber Eats platform, as well as offer existing customers added convenience. Starbucks Delivers will be available through the Uber Eats mobile app.

Dollarama Inc said on Tuesday it would acquire a 50.1 per cent stake in Latin American value retailer Dollarcity, as the Canadian discount store operator looks to expand in the region. The deal, valued in the range of US$85 million to US$95 million, includes an upfront payment of $40 million at closing, which is expected in August. The deal is expected to add to Dollarama’s earnings per share in the range of 2¢ to 3¢ for the rest of fiscal year ending Feb.

Cara Keating, currently vice president of customer development at PepsiCo Foods Canada, has been promoted to president. Keating replaces Jason McDonell, who has been president since 2015 and is leaving to pursue an opportunity outside PepsiCo as of July 26. Keating has been with PepsiCo for 15 years and has experience in account management, customer insights, field and customer leadership roles.

The federal government today announced an investment of $24.4 million to help the Canadian Food Inspection Agency (CFIA) crack down on food fraud. The funding will help the CFIA tackle the mislabeling and misrepresentation of food products in order to protect consumers from deception and companies from unfair competition. The money will be used to revamp the current food fraud program, conduct more inspections and collect more samples to uncover sources of food fraud, and gathering...

As the Ontario government prepares to move ahead with its plans to overhaul the province's 92-year-old beer distribution system, experts say it should heed lessons from retail sales systems in other provinces.  Doug Ford's Progressive Conservatives have made it clear that their goal is to give Ontarians more choice and convenience when it comes to alcohol sales, but details are scant as to how they hope to achieve this.

Manoj Tripathi couldn’t shake the feeling that someone had a vendetta against his Subway sandwich shop. A franchisee for nearly two decades, he had done everything he could to keep his restaurant, in a strip mall in Northern California, in perfect condition. But lately it seemed like someone was out to get him. It was the middle of 2017, and inspectors sent by Subway’s regional manager were finding a new problem to cite each month: a handprint on the glass door, the wrong brand of bathroom...

System sales of $832.3 million, up 12% compared to Q2-18   Same store sales of +1.4% in Canada, +0.6% in the US and -9.2% in international markets   EBITDA of $34.1 million, up 1.2% compared to Q2-18  Second consecutive quarter with organic growth in EBITDA, which was 1.0% in Q2-19 Normalized EBITDA of $38.2 million, up 11.2% compared to Q2-18   Normalized free cash flows of $25.8 million, up 5.

Cora Breakfast and Lunch has partnered with WestJet. Through the partnership, onboard breakfast served in WestJet’s Premium cabin on morning flights will now be provided by Cora.  The in-flight dishes are inspired by classic Cora favourites, including smoked turkey eggs Ben et Dictine, a vegetable skillet and a spinach and aged-cheddar omelette with turkey sausage. The three plates are available in rotation and a change to the menu is planned for next fall.

Quebec convenience store giant Alimentation Couche-Tard is aiming to double its net earnings in the next five years even after seeing its operations dramatically expand in North America and Europe, the company’s chief executive said Wednesday. The company, which primarily operates under the Circle K banner, said it would achieve the target through a combination of organic growth and further acquisitions.

Empire-owned Farm Boy has purchased Ottawa’s Rideau Bakery. The family-owned bakery, known for its kosher breads, rolls and pastries, shut its doors Canada Day weekend after nearly 90 years in business. According to a CBC News story, owners Louis Kardish and David Kardish made the decision to close its two locations “for a combination of business and health reasons.

Conagra Brands Canada has promoted Leslie Mackay to head of sales. Mackay, who has more than 20 years experience in customer sales, strategy and brand management, was most recently director market development. In this role she was responsible for sales strategy, pricing, insights and analytics. Mackay spent nearly 20 years with Kimberly-Clark prior to joining Conagra earlier this year.

Canada's beef industry is getting $8.3 million in federal funds, the bulk of it aimed at growing its international market reach as a trade standoff with China continues. The money is going to six different projects, Agriculture Minister Marie-Claude Bibeau said Wednesday during a visit to the Calgary Stampede. The biggest recipient is marketing organization Canada Beef, which is getting $5.

Alimentation Couche-Tard Inc. missed expectations as its net income attributable to shareholders decreased 25 per cent to US$293.1 million in the fourth quarter of its fiscal year on a dip in revenues.  The Laval, Que.-based convenience store chain, which reports in U.S. dollars, says it earned 52 cents per share for the period ended April 28, down from 69 cents per share or $391 million a year earlier. The company received a net tax benefit of $69.