Posts Tagged ‘food fads’

Pumpkin Products Plague 2014

October 28, 2014

Pumpkin Products Plague 2014

Pumpkin products are proliferating this year. Is pumpkin the new kale? Could be. Foods and beverages without pumpkin in them are heavily adulterated with “Pumpkin Spice.” What is that magical substance? Cinnamon, Ginger, Nutmeg, and Allspice, the stuff you put in pumpkin pie so you don’t have to taste the pumpkin squash.

More:

“10 products that have absolutely no business being pumpkin-flavored,” Lindsay Abrams, Salon

“Enough with the bleeping pumpkins!” Cristina Alesci and Paul R. La Monica, CNN Money

The greatest trick capitalism ever pulled was making you want a pumpkin spice latte
Updated by Alex Abad-Santos, Vox

“The Company That Tested Pumpkin-Spice Foie-Gras Mashed Potatoes,” Tanya Basu, The Atlantic

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Cupcakes: Over

July 10, 2014

Cupcakes: Over

Way back in 2004 or so, gourmet cupcake shops began to infest America’s cities, proffering paper-wrapped pastries top-heavy with icing, selling single servings for the price of whole supermarket pies. The trend rose with yeasty vigor for over a decade — until now.

The first inkling came in April with the collapse of share prices in Crumbs Bake Shop Inc. “The icing is coming off America’s cupcake craze,” said the Wall Street Journal.

Now the bakery ovens have grown stone cold. Crumbs is closing all its 48 stores in cities across America.

More:

“The rise and fall of Crumbs, America’s first public cupcake company,” Roberto A. Ferdman, Washington Post

“The standard bearer of America’s cupcake boom just ran out of dough,” Adam Pasick, Quartz

“Is the fad over? Cupcake firm Crumbs crumbles and shuts 48 stores,” Noel Young, The Medium

“Downfall of Crumbs Shows Limits of American Cupcake Addiction,” Lauren Coleman-Lochner, Selina Wang and Lindsey Rupp, Bloomberg News

“Why I hate cupcakes,” Meghan DeMaria, The Week

Dissenting opinions:

“Cupcakes not dead!” Mary Elizabeth Williams, Salon

“Crumbs’s Fate Aside, the Cupcake Still Isn’t Dead,” Joe Pinsker, The Atlantic

UPDATE:

“Crumbs Bake Shop nears lifeline from investor group,” Katie Little, CNBC

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Image by Mike Licht. Download a copy here. Creative Commons license; credit Mike Licht, NotionsCapital.com

Comments are welcome if they are on-topic, substantive, concise, and not boring or obscene. Comments may be edited for clarity and length.

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Chobani Commencement

May 20, 2014

Chobani Commencement

Hamdi Ulukaya, the “Turkish king of Greek yogurt” in America, gave the commencement address last Sunday at the State University of  New York at Albany, of which he is an alumnus. Mr. Ulukaya, who built Chobani into a billion-dollar business in five years, has been called “the Steve Jobs of Yogurt.” He’s also been called a yogurt thief by his ex-wife, who says he swiped the Chobani recipe from Fage yogurt.

Related:

“Old Factory, Snap Decision Spawn Greek-Yogurt Craze,” Sarah E. Needleman, Wall Street Journal

“How rural Chenango County became Greek yogurt capital: The story behind Chobani yogurt,” Don Cazentre, Syracuse.com 

“Greek Yogurt a Boon for New York State,” William Neuman, New York Times

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Short link: http://wp.me/p6sb6-jjJ

Image by Mike Licht. Download a copy here. Creative Commons license; credit Mike Licht, NotionsCapital.com

Comments are welcome if they are on-topic, substantive, concise, and not boring or obscene. Comments may be edited for clarity and length.

Add to: Facebook | Digg | Del.icio.us | Stumbleupon | Reddit | Blinklist | Twitter | Technorati | Yahoo Buzz | Newsvine

Cupcakes Are Sooo OVER.

April 19, 2013

Cupcakes Are Sooo OVER.

Gourmet cupcake shops infest America’s cities, proffering paper-wrapped pastries top-heavy with icing, selling single servings for the price of whole supermarket pies. The trend has been rising with yeasty vigor for over a decade — until now.

The cupcake fad is officially over. “The icing is coming off America’s cupcake craze,” says the Wall Street Journal, noting the collapse of share prices in Crumbs Bake Shop Inc.:

“After trading at more than $13 a share in mid-2011, Crumbs has sunk to $1.70. It dropped 34% last Friday, in the wake of Crumbs saying that sales for the full year would be down by 22% from earlier projections, and the stock slipped further this week.”

—  “Forget Gold, the Gourmet-Cupcake Market Is Crashing,” Emily Maltby and Sarah E. Needleman, Wall Street Journal

More:

“The cupcake bubble has finally burst,” Carmel Lobello, The Week

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Short Link: http://wp.me/p6sb6-gxf

Image by Mike Licht. Download a copy here. Creative Commons license; credit Mike Licht, NotionsCapital.com

Comments are welcome if they are on-topic, substantive, concise, and not boring or obscene. Comments may be edited for clarity and length

Add to: Facebook | Digg | Del.icio.us | Stumbleupon | Reddit | Blinklist | Twitter | Technorati | Yahoo Buzz | Newsvine