Potato News

 McDonald's
June 08, 2010

McDonald's May Global Comparable Sales Up 4.8%

McDonald's Corporation today announced global comparable sales growth of 4.8% in May. Performance by segment was as follows: U.S. up 3.4% Europe up 5.7% Asia/Pacific, Middle East and Africa up 3.8% "May marks another month of sustained sales ...
 McDonald's
June 08, 2010

Ventas McDonald's mayo suben, euro dañaría ganancia

McDonald's Corp sorprendió gratamente el martes al mercado con un aumento del 4,8 por ciento en las ventas mundiales de mayo, pero advirtió que el tipo de cambio golpeará sus ganancias de todo el año. En base al tipo de cambio actual, en particular el...
June 08, 2010

Sales of Potato snacks rise as families stay in to beat recession

A survey in the United Kingdom has shown that sales of couch potato snacks have risen as hard-up families choose thrifty TV evenings rather than a night out. Purchases of nibbles have increased by more than 20 per cent in two years. Chocolate saw the b...
 Yum Brands!
June 07, 2010

United Kingdom Girds for New U.S. Fast Food Invasion

Three American chains—Taco Bell, Chipotle, and Ruby Tuesday—are targeting growth in Britain's dynamic but competitive restaurant business.They are huge in the US, but few British diners have heard of Chipotle Mexican Grill (CMG) or Ruby Tuesday (RT). B...
June 07, 2010

Many small companies in the UK potato industry in financial difficulty

Industry analyst Plimsoll has identified 31 small companies in the UK Potatoes industry that are in financial difficulty as the lingering effects of the credit crunch continue to bite hardest at the lower end of the market. According to market analysts...
Starch manufacturer China Essence Group clarifies financial position
June 07, 2010

Starch manufacturer China Essence Group clarifies financial position

China Essence provided the following update on its financial position, no doubt in part in response to last week's drop in stock price:It has come to the management’s attention that there were concerns regarding the debt level of the Group. The managem...
 Conagra Foods
June 07, 2010

ConAgra Foods to Sell Gilroy Foods & Flavors' Dehydrated & Vegetable Product Operations to Olam International

ConAgra Foods, Inc., announced today that it has reached an agreement to sell its Gilroy Foods &Flavors dehydrated and vegetable product operations to Olam International for $250 million, subject to final working capital adjustments. The seasoning ...
June 07, 2010

US frozen potato sales still lag

NPD Group’s PotatoTrac report of sales by the largest four frozen potato processors for the first quarter of 2010 indicate that overall sales in pounds were still down compared to last year by 0.4 percent and down 2.8 percent for the 12 months ending i...
 John Inness Center
June 06, 2010

Trial with GM potatoes resistant to late blight approved in United Kingdom

Defra has given scientists at The Sainsbury Laboratory (TSL) the go ahead to conduct a three-year trial on genetically modified (GM) potatoes.   Scientists at TSL - part of the John Innes Centre - are testing potatoes that have been genetically modifie...
June 06, 2010

Snack producers get support for call for voluntary country of origin labelling

Country of origin labelling (COOL) should be not be mandatory for snacks and other foods, as the financial burdens would outweigh any benefits, claims a leading Spanish politician.Spanish MEP Pilar Ayuso was speaking at a European Snacks Association (E...
June 06, 2010

European Snacks Association position paper on mandatory Country of Origin labelling (COOL)

The European Snacks Association (ESA) is concerned that the recent calls for mandatory country of origin labelling fail to acknowledge the complex supply chains involved in the production of processed foods such as savoury snacks.Any move to enforce ma...
June 05, 2010

Fiji plans to grow their own potatoes

FIJI will soon be reducing the amount of potatoes imported into the country if a potato planting scheme introduced yesterday becomes successful.And chips manufacturer Flour Mills of Fiji has assured it would work closely with farmers to use the locally...

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