This tropical fruit is portable, affordable and easy to eat, which are just some of the reasons that consumers picked it as the most popular item in the produce department. More than eight in 10 consumers (84%) put bananas in their cart this year.
Reducing the world’s top four banana companies to three, the boards of Chiquita Brands International Inc. and Irish competitor Fyffes Plc. have agreed that the Charlotte, N.C., company will buy the Dublin company in an all-stock deal valued at $526 million.
A new mobile display takes bananas out of the produce aisle.
Del Monte Fresh Produce NA Inc.’s sponsorship of the 2014 Food Network South Beach Wine & Food Festival gave celebrities the chance to sample some tropical produce.
A renewed focus on banana and salad business helped Chiquita Brands International Inc. to better financial results in 2013.
Fresh Del Monte Produce Inc. had a “year of contrast” in 2013, reporting an increase in net sales at $3.7 billion but a net loss for the year of almost $40 million.More Packer Stories for Bananas