Home Run Inn’s current frozen pizza count: 80,000 per day

Will Kreznick

Retaining customers and maintaining growth after last year is a challenge nearly every packaged food company is facing as people venture back out to restaurants and offices. Home Run Inn’s pandemic pace has already slowed considerably, said CEO Dan Costello. That was expected. 

Though COVID closures kept people out of restaurants for much of last year, it certainly didn’t keep them from the frozen foods aisle. Frozen pizza sales in the U.S. soared almost 21 percent to more than $6 billion, according to data from market research firm Nielsen. 

Home Run Inn’s sales followed those trends, with revenue up 20

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Frozen Food Market To Record Extensive Growth By 2024 Owing To Changing Lifestyle Patterns & Shifting Preferences Among Consumers Towards Ready-To-Cook Meals

Will Kreznick

(MENAFN – GetNews) According to new report available with Million Insights, the global frozen food industry research report offers thorough insights on product, end-user, supply chain and global demand. This enables numerous opportunities for the market players to invest in research and development.

The global Frozen Food Market size is expected to value at USD 360.36 billion by 2024. The market is subject to witness a substantial growth due to the changing lifestyle patterns, shifting preferences among consumers towards ready-to-cook meals, increasing demand for convenience food, and growing focus towards hygienic food products. Frozen food products are able to retain

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India Frozen Food Market Report 2021: The Market has Completely been Revolutionised – Forecast to 2026

Will Kreznick

Bloomberg

Biden Tax Rule Would Rip Billions From Big Fortunes at Death

(Bloomberg) — Jeff Bezos has an ex-wife, a girlfriend, four children and billions of reasons to watch whether Joe Biden’s tax overhaul wins congressional approval.The Amazon.com Inc. founder’s heirs may have to pay more than $36 billion if the president succeeds in closing a loophole that helps the rich transfer much of their fortunes tax-free at death.Under current rules, whoever inherits the Amazon shares Bezos bought in 1994 for $10,000, worth $180 billion today, will receive a so-called step-up in basis, wiping out any capital gains tax liability.

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Tattooed Chef to acquire Mexican food maker for $35M

Will Kreznick

Dive Brief:

  • Plant-based frozen food maker Tattooed Chef is acquiring New Mexico Food Distributors, Inc. and Karsten Tortilla Factory, which operate collectively as Foods of New Mexico, for $35 million, according to a press release. The transactions are expected to close in early May. 
  • Foods of New Mexico currently produces ready-to-eat Mexican dishes for retail and foodservice at its Albuquerque, New Mexico, facility including quesadillas, burritos and sauces. A new plant in Karsten, New Mexico, makes tortillas. Combined, the two facilities total 118,000 square feet.
  • Tattooed Chef plans to use the acquisitions to expand deeper into the $20 billion
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If You Have This Frozen Food at Home, Throw It Away Now, USDA Says

Will Kreznick

Frozen foods are intended to make your life easier by saving you time and energy. Plus, they allow you to create a delicious meal without requiring any culinary expertise. But if you’re one of the 128 million people in the U.S. consuming frozen dinners, according to the Statista Research Department, you need to be aware of the latest recall notice posted by the U.S. Department of Agriculture (USDA). If your freezer is currently stocked with one frozen meal in particular, your health may be in danger. Read on to find out what type of frozen food the USDA is

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