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Goodfood taps Maalouf as president, COO

3 days ago

Goodfood taps Maalouf as president, COO

Amid ongoing turmoil, Montreal's Goodfood, a meal-delivery company, brings on Najib Maalouf as its new president and chief operating officer. He joins a firm that once reached a $1 billion market cap but that has tumbled in recent years. 

Record fourth quarter revenue for Premium Brands

Premium Brands that makes such products as Piller's and Leadbetter's made $258 million more in revenue in the last quarter of 2025, bringing in a record $1.9 billion. Overall, Premium Brands recorded $7.5 billion in income. 

Alimentation Couche-Tard optimistic despite rising costs

Higher gas prices may rattle consumers, but the head of Alimentation Couche-Tard isn't worried. Historically, when fuel is more expensive, the amount of gas the average customer purchases falls but that doesn't mean lower demand, Alex Miller said.

Osaka 7-Eleven tour a dive into Japan’s convenience stores

As any visitor to Japan knows, it’s hard not to fall in love with convenience-store culture. In Canada, the experience couldn’t be more different: staring at stale-looking sandwiches, overcooked hot dogs and racks of expensive junk food.

Ferrero Group acquires Bold Snacks

Ferrero Group has agreed to purchase Bold Snacks, a Brazilian protein snack company. The planned acquisition adds to Ferrero Group's growing stable of brands such as Power Crunch in North America and Eat Natural and FULFIL in Europe.

A Toronto councillor wants to create public grocery stores.

Anthony Perruzza said he intends to introduce a motion during the March 26 council meeting, to establish a pilot for four city-run grocery stores across the city, prioritizing neighbourhoods with limited access to grocery stores and lower income households.

Square launches built-in AI assistant for small businesses

Square AI launched in Canada a new tool for small businesses. Users can ask, “Which items sell best on weekends?” and “How did last month compare to the one before?” which is supported by research of approximately 4,000 business owners.

Restaurant patrons crave genuine experiences: Summit

During The Food Institute’s inaugural Foodservice Summit, it found 2026 will be all about operators catering to emerging consumer needs. Menu Matters Mike Kostyo said consumers are fatigued by information “slop” and are craving more personal and meaningful food experiences.

EU launches AI tool to strengthen food safety, fight fraud

The EU introduced a new AI platform designed to improve food safety monitoring and detect fraud. The system, called TraceMap, will help authorities identify contaminated food, trace suspicious supply chains and respond faster to potential health risks.

HelloFresh forecasts 2026 revenue, profit decline

Meal-kit maker HelloFresh forecast a decline in 2026 revenue and profit, sending its shares lower, impacted ‌by weakness in its ready-to-eat business. The German  company reported ​lower-than-expected revenue for 2025 and said it ​would cease operations in Italy and Spain.

Unilever, Kraft Heinz discussed uniting ketchup, mayo

Kraft Heinz and Unilever recently held talks on a megamerger of their food brands that would have brought Heinz ketchup and Hellmann’s mayonnaise together, as the consumer goods giants struggle to reshape their portfolios to cater to shifting tastes.

Grocers fined $47,000 for mislabelling products

CFIA has issued penalties to businesses for inaccurate or misleading origin claims since April 1, 2025. Fortinos, Meatex Farms, Oxford Frozen Foods and Real Canadian Superstore were fined $10,000, while Fresh in The City received a $7,000 penalty.

Equivalent of 12 million bowls of pasta saved from waste

In its first impact report, Quebec-based FoodHero has diverted 7 million pounds of food from waste in 2025. According to Second Harvest, the amount of food wasted each year in Canada could feed more than 17 million.

Empire posts Q3 loss tied to Voilà closure in Alberta

Empire Co. posted a loss in its latest quarter as one-time charges related to closure of its Voilà grocery delivery facilities in Alberta impacted the bottom line. Sobeys' parent company had warned it would take a large writedown.

Restart Life Sciences closes acquisition of Holy Crap Foods

The transaction follows a definitive share purchase agreement dated February 12, 2026, and Restart Life confirmed the deal’s closing in a company statement that framed the acquisition as a strategic step toward transforming the firm into a revenue producing organization.

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