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Food

Providing perspective and contextual insights on the financial aspects of the Food industry within the state of Utah, from agriculture to food production, as well as retail sales and supplements.

Annual Sales for Utah's Crumbl Cookie Empire have Now Surpassed $1 Billion, an Overnight WSJ Story Reports

Annual Sales for Utah's Crumbl Cookie Empire have Now Surpassed $1 Billion, an Overnight WSJ Story Reports

While most Utahns were preparing to be "snuggled in their beds last night," the Wall Street Journal published a tasty, 1,900-word feature story about Lindon, Utah-based Crumbl, the aggressively expanding cookie store franchisor that's now reached over $1 billion in annual sales. Although we at

NEWS BRIEF: Salt Lake City's Vobev Files for Chapter 11 Bankruptcy Protection with over $470 Million in Secured and Unsecured Debt

NEWS BRIEF: Salt Lake City's Vobev Files for Chapter 11 Bankruptcy Protection with over $470 Million in Secured and Unsecured Debt

Utah Bankruptcy Court filings show that Vobev (a Utah-based beverage can manufacturer, filler, and logistics firm) is moving forward with the Court and its debtors on a "Stalking Horse" bid process to fund the company through its voluntary bankruptcy proceedings and then sell-off the company and its assets.

"Global Chaos" — The Inflection Point Driving the Coming Transformation of Utah's Quiet, yet Decades-Old, Emerging Ecosystem that will be at the Center of the Next Business Revolution in the "State of Deseret"

Welcome to this 3,500-word Report, the longest ever published by Utah Money Watch. We share this today because we believe the information reported on today, along with the implications contained herein, potentially portend a massive transformation for the business ecosystem in Utah. As such, we welcome your feedback and

Wags Capital screengrab from Instagram (09-14-23). Image downloaded from Archive.Today on 10-28-24

A Former BYU Linebacker is Arrested on Wire Fraud Charges of $2.0 Million, Then Hindenburg Research Drops a 7,000-Word Bombshell Report to "Shed More Light on Aaron Wagner," Wags Capital, and More

On Wednesday, 23 October 2024, felony wire fraud charges were filed in U.S. District Court, District of Utah against 42-year-old Aaron A. Wagner (a former linebacker at Brigham Young University), alleging the electronic misappropriation of $2.0 million. As noted in the Salt Lake Sheriff's Inmate Database

Mo' Bettahs' Owners Decide it's Mo' Bettah to Sell a Majority Equity Stake to Two New Investors: Blue Marlin Partners and Trive Capital

Mo' Bettahs' Owners Decide it's Mo' Bettah to Sell a Majority Equity Stake to Two New Investors: Blue Marlin Partners and Trive Capital

After opening its first Mo' Bettahs Hawaiian Style Food quick serve restaurant in 2008, it took Kimo & Kalani Mack (the co-founder brothers) eight years to reach six total locations in 2016. But in eight additional years (after first engaging with Utah-based investment banker, Crewe Capital), Mo' Bettahs

In Roughly 45 Days, the LDS Church Will Have Spent Nearly $500 Million to Buy over 105,000 Total Acres of Farm Land in Australia and the U.S.

In Roughly 45 Days, the LDS Church Will Have Spent Nearly $500 Million to Buy over 105,000 Total Acres of Farm Land in Australia and the U.S.

On Wednesday, 16 October 2024, the Church of Jesus Christ of Latter-day Saints will purchase 46 farms in the United States totaling over 41,000 acres for over $289 million, news likely deemed "material" by the seller's legal counsel, making it imperative the news was publicly

The Top 17 Utah-focused Monetary, Financial and/or Business News Nuggets from September 2024 that You Might have Missed

The Top 17 Utah-focused Monetary, Financial and/or Business News Nuggets from September 2024 that You Might have Missed

{AUTHOR'S NOTE: Clearly, not every news announcement deserves to be the top story of the day. Nevertheless, many news items are significant and should be acknowledged as such. {In this writeup, you'll find info about 18 different Utah-based firms, 10 acquisitions, and nine separate executives, that