The acquisition will give Mondelez a bar business with more than $1 billion in sales.

If expanding your bakery business is currently in your pipeline, building good business credit early will help you have access to capital at better terms and rates which most new borrowers have a hard time getting.

Chicago will become the largest innovation hub in the world for the global snacks and treats maker.

Josh Charlesworth is currently chief financial officer of the company and will remain in that role until a successor is hired.

Eurogerm is strengthening its presence in North America with the creation of Eurogerm KB LLC.

Panera To Go is a digital-only bakery-café, with a reduced front of house where guests and delivery drivers can easily pick up orders from Rapid Pick-Up and Delivery shelves.

Cathy Chavenet joins Duck Donuts as vice president of marketing, and Tom Perella joins in the newly created role of director of technology.

The long-term agreement with Levapan will increase the Colombian food ingredient supplier's capacity and service offerings.

Howard Schultz will stay on in an interim role until Q1 of 2023.