News on Food Trends

November 21, 2007

Irving brothers look to break up empire

The legendary Irving family is moving to break up its $6-billion business empire as it struggles to accommodate the demands of new generations, thus ending a 125-year-old Canadian dynasty. Sources familiar with the sprawling family conglomerate say t...
Wendy's CEO Kerrii Anderson: taking care of business
November 21, 2007

Wendy's CEO Kerrii Anderson: taking care of business

As CEO of Wendy's International, Kerrii Anderson's challenge has been to focus on running the business for the long term when the company might be sold in the near term. Under pressure from large, activist investors, the Dublin, Ohio-based fast food re...
November 19, 2007

McDonald's abrira una nueva linea de cafeteria

La cadena norteamericana de comidas rápidas McDonald's anunció hoy el lanzamiento de una nueva línea de cafetería, que promete ofrecer fuerte competencia a la macro-cadena Starbucks. "Queremos avanzar desde un lugar donde se ofrecía cafetería co...
November 16, 2007

Acrylamide in food possibly increases risk of endometrial + ovarian cancer

The intake of acrylamide through food possibly increases the risk of endometrial cancer and ovarian cancer. The paper in which this association is described will be published shortly in the scientific journal Cancer Epidemiology, Biomarkers and Preven...
November 16, 2007

Jack in the Box reports record 2007 profit

Same-store sales at Jack in the Box company restaurants increased 5.2 percent in the fourth quarter compared to a 5.9 percent increase during the same time last year. For the year, same-store sales at Jack in the Box company restaurants increased 6.1 p...
November 16, 2007

Arby's Restaurant ratings on negative watch after bid for Wendy's - S&P

Standard &Poor's Ratings Services signalled it may lower its ratings on Arby's Restaurant Group Inc on news that Triarc Companies Inc, of which Arby's is a wholly owned unit, has bid to buy all outstanding stock of Wendy's International Inc.'Althou...
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 McDonald's at odds with franchisees over specialty coffee
November 16, 2007

Franchisees not lovin' McDonald's move into specialty coffee

After the success of its upgraded drip coffee -- which even managed to snag a thumbs-up from testers at Consumer Reports earlier this year -- McDonald's is gearing up for a massive expansion into the world of lattes."We want to move from beverage...
November 16, 2007

Potatoes lost in floods? Still must meet contract

A Herefordshire potato grower who lost nearly £500,000 of crop in this summer's floods has vowed never to grow potatoes again for one the country's biggest processors after it refused to make allowances for the damage inflicted to his crop. Peter Vaugh...
Lentils
November 15, 2007

ARS develops extrusion method for tasty lentil snacks

Researchers from the US Agricultural Research Service (ARS) claim to have stabilised a process of using extrusion technology to make healthy and tasty snacks out of legumes.
Frito-lay plans eco-friendly chips factory in Casa Grande
November 15, 2007

Frito-lay plans eco-friendly chips factory in Casa Grande

Frito-Lay is embarking on an ambitious plan to change the way its Casa Grande factory operates, and in the process, create a new type of snack: the environmentally benign chip. Goal is to take the Casa Grande plant off the power grid, or nearly so, a...
November 14, 2007

Measuring carbon footprint is not as tough as many believe.

As if the fat and salt content weren’t enough, people eating a bag of Walkers crisps since April have also had to consider a label explaining the amount of carbon emitted to create and deliver the product. Steve John, head of corporate communications ...
November 14, 2007

PepsiCo on track for full-year earnings outlook

PepsiCo Inc said on Wednesday it is on track to meet its full-year earnings forecast, less than 10 days after it announced it would reorganize itself into three business units.
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November 13, 2007

Orville Redenbacher's(R) SmartPop!(R), Now With 30% Less Sodium

More than 90 percent of Americans surveyed are quick to identify high blood pressure as one of their biggest health concerns related to sodium intake. However, according to a recent survey conducted by Orville Redenbacher's(R) Gourmet(R) Popping Corn(1...
November 13, 2007

Foley-Led Group Decides not to submit bid for Wendy's

A group led by William Foley, chairman of Fidelity National Financial Inc., has decided not to submit a bid for Wendy's International Inc., according to a person familiar with the situation.Bids for the hamburger chain were due at 5 p.m. Eastern time y...
November 13, 2007

Metro Group completes Europe's largest RFID rollout

The Metro Group has upped the ante in Europe's move toward using radio frequency identification (RFID) technology, completing the roll out of its use to 180 additional stores and warehouses in Germany.RFID technology is helping to transform logistics b...
November 13, 2007

Pinguin vangt 45 miljoen euro met kapitaalverhoging

De Belgische diepvriesgroenteproducent Pinguin heeft maandag zijn kapitaalronde, die op 29 oktober van start ging, "succesvol"afgerond. Volgens financieel directeur Steven D'Haene werd er 45,49 miljoen euro opgehaald. Dat is iets minder dan h...
November 13, 2007

McDonald's to sell more restaurants to franchisees

McDonald's Corp , the world's largest fast-food chain, said on Tuesday it would sell up to 21 percent of its company-owned restaurants to franchisees over the next three years. The announcement comes as McDonald's has been working to reduce its restaur...
November 13, 2007

McDonald's vendera mas restaurantes a franquicias

McDonald's Corp, la mayor cadena de comida rápida del mundo, anunció el martes que planea vender a franquicias hasta un 21 por ciento de sus restaurantes durante los próximos tres años o más.

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