Wednesday, May 23, 2018
Business

Beyond Tampa Bay: Chiquita buys Irish fruit and produce distributor

Chiquita Brands International said Monday it had agreed to acquire Fyffes, an Irish fruit and produce distributor, in an all-stock deal that valued Fyffes at about $526 million. The combined companies, which will be named ChiquitaFyffes, will be the world's largest producer and distributor of bananas and will have about $4.6 billion in annual revenue. The transaction is expected to be completed by the end of the year.

McDonald's, the world's biggest hamburger chain, said Monday that sales fell 1.4 percent at established U.S. locations. It blamed the harsh winter weather, but conceded that "challenging industry dynamics" also played a role. After years of outperforming its rivals, McDonald's has struggled to boost sales as people flock to such places as Chipotle and Five Guys Burgers and Fries, chains that position themselves as a step up from traditional fast food in terms of quality, for a little extra money.

The U.S. Department of Agriculture reduced the 2013-14 Florida orange crop by 1 percent from the February estimate to 114 million boxes. The USDA reduced this season's grapefruit by 6 percent, to 16 million boxes. Tangerine production dropped 7 percent, to 3.25 million boxes, from February.

Sbarro filed for Chapter 11 bankruptcy reorganization Monday, the second time in just three years as the pizza chain struggles to turn around its business amid a drop in traffic at shopping mall food courts. The Melville, N.Y., company, which closed 155 U.S. locations last month, has about 800 locations worldwide, half of those in North America.

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Birchwood owner will open a three-story restaurant and bar at St. Petersburg pier

Birchwood owner will open a three-story restaurant and bar at St. Petersburg pier

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Updated: 5 hours ago
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Updated: 6 hours ago
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Updated: 6 hours ago
At Bay 3, developers of Tampa’s Armature Works transform old industrial space into new co-work offices

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Updated: 11 hours ago
Comcast may outbid Disney for Twenty-First Century Fox

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Updated: 11 hours ago
Brunch-based alcohol will be available at First Watch’s new Orlando location

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Updated: 12 hours ago
Humana hiring 100 for phone sales, Medicare enrollment assistance

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Kentucky-based health care provider Humana is hiring 100 phone sales employees in Tampa Bay. The new hires will field sales calls and offer enrollment assistance for Humana’s Medicare plans and other products.The positions, which are being added to h...
Published: 05/22/18
Updated: 05/23/18
Downtown St. Pete Ford’s Garage and Yeoman’s to open Wednesday

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ST. PETERSBURG — Ford’s Garage, a car junkie’s haven, has proven to be popular eatery across the state.Now it has a chance to drive customers to its seats in St. Petersburg. The restaurant opens its ninth location downtown Wednesday at 200 First Ave....
Published: 05/23/18
Target: New Tampa, Clearwater stores part of company-wide makeovers

Target: New Tampa, Clearwater stores part of company-wide makeovers

Target is renovating more than 1,000 stores by the end of 2020, including two SuperTarget locations in New Tampa and Clearwater.The Clearwater store’s makeover — which the corporation calls ‘‘reimagining" — just wrapped up, according to Target spoke...
Published: 05/23/18