News on Food Trends

November 06, 2007

Burger King Holdings Plans 300-Unit Expansion

Burger King Holdings will show its first net restaurant gains in the US and Canada in six years in 2008, executives said at the company’s first quarter conference call. The company also says it plans an expansion of a net increase of 300 units worldwid...
November 05, 2007

Ganancia Burger King aumenta en 1er trimestre fiscal

La cadena estadounidense de restaurantes Burger King Holdings Inc reportó el lunes un aumento mayor al esperado en su utilidad del primer trimestre fiscal, gracias a sus nuevos sándwiches de pollo y sus promociones de las películas "The Simpsons&...
 USPB
November 05, 2007

Six million dollar allocated to US Potato Board for promotion of the US potato overseas

Acting Agriculture Secretary Chuck Conner today announced that USDA provided more than $234 million to help market American farm products overseas in the 2007 fiscal year that ended Sept 30.   The allocations were provided under the Market Access Progr...
PepsiCo Unveils New Organizational Structure, Names CEOs of Three Principal Operating Units
November 05, 2007

PepsiCo Unveils New Organizational Structure, Names CEOs of Three Principal Operating Units

PepsiCo announced today a strategic realignment of its organizational structure to position the company for continued strong growth and more fully leverage the talents of its senior leaders. "Given PepsiCo's robust growth in recent years, we are ...
November 05, 2007

DSM's Preventase now approved everywhere in the EU and the US

DSM Food Specialities has received approval for Danish food safety authorities for the use of its Preventase, meaning that the acrylamide-reducing enzyme can now be used in food products throughout the EU and the US.At present, enzymes used in food pr...
 First quarter results Burger King Rise
November 05, 2007

Burger King Fiscal 1Q Profit Rises

Fast-food chain Burger King Corp. said Monday its fiscal first-quarter earnings rose 23 percent, beating Wall Street expectations, helped by "Simpsons"and "Transformers"marketing promotions and sales of the Tendercrisp and Spicy Ch...
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UK's Tesco opens long-awaited first U.S. store
November 05, 2007

UK's Tesco opens long-awaited first U.S. store

The world's third-largest retailer, has begun its long-awaited launch in the United States, opening its first store near Los Angeles. Britain's most successful retailer opened its Fresh & Easy Neighborhood Market in the small city of Hemet late last week.
November 05, 2007

Burger King shares down 6%

Burger King Holdings Inc. said Monday its first-quarter earnings rose 23 percent, but shares of the world's second largest hamburger chain fell more than 6 percent as three big shareholders disclosed plans to sell about a third of their holdings.
November 04, 2007

Tyrrell's Chips building vodka distillation unit

Will Chase, 46, founder and managing director of Tyrrells, said the firm planned to use the money won in the Entrepreneurs Challenge to make vodka from potatoes grown on the farm but which are too small to turn into crisps. The company has already b...
November 04, 2007

Q&A: Ralph Alvarez, president and chief operating officer of McDonald's Corp. on diversity

In 2003 and 2004, the fast-food giant ranked No. 1 in Fortune Magazine's listing of "Top 50 Companies for Diversity."In 2006 and 2007, Latina Style magazine called McDonald's "Number One Company for Latinas to Work." Ralph Alvarez,...
November 04, 2007

Pinguin schat marktaandeel in Engeland op 25 procent

Aanvankelijk leek Pinguin in Engeland zijn eigen graf te delven, maar vandaag heeft het bedrijf de Britse oorlog gewonnen. Daardoor kan het opnieuw werk maken van het Centraal-Europees project om daar als eerste grote Belgische diepvriesspecialist in e...
November 04, 2007

Euromonitor: 2007 snack sales growth close to 2 percent

The sweet and salty snack industry has suffered a lower sales growth rate in 2007 due to negative press over rising obesity rates, but sales still increased by almost two per cent in 2007, according to Euromonitor analyst Irina Kazanchuk.PepsiCo has b...
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November 02, 2007

Top claims for new food products (July - August 2007)

The top claims for new Food products in the period July- August 2007 compared to the same period last year:     Claim July-August 2006 July - August 2007 Change Upscale 11.0% 13.5% + 2.5% Natural 8.2% 9.3% + 1.1% Organic 5.5% 7.0% ...
November 02, 2007

Lassonde completes its purchase of McCain Foods (Canada)'s ready-to-drink fruit juice and fruit drink business

Lassonde Industries Inc. (LAS.A-TSX) today announced that its subsidiary A. Lassonde Inc. has completed its purchase of the business of manufacture and distribution of ready-to-drink fruit juices and fruit drinks of McCain Foods (Canada), a division of...
October 31, 2007

Collective Action for Innovation and Small Farmer Market Access: The Papa Andina Experience

This paper reports on how the Papa Andina Regional Initiative is promoting the use of collective action to reduce poverty in the Andes, by developing market niches and adding value to potatoes, particularly the native potatoes grown by poor farmers.
October 31, 2007

Tate & Lyle reports weak H1 results

Tate &Lyle, a manufacturer of food and industrial ingredients, has reported a 19% fall in profit before tax to GBP120 million for the first six months of 2007, compared with GBP149 million for the same period in 2006.
October 31, 2007

Japan's Mitsubishi launches takeover bid for KFC Japan

Japanese trading house Mitsubishi Corp. announced a tender offer Wednesday to boost its stake in Kentucky Fried Chicken Japan Ltd. in a deal worth up to 30.83 billion yen (US$267.72 million;¤185,38 million).Mitsubishi, which already owns 31 percent of ...
October 31, 2007

Wendy's Financing Package Could Lead To Lower Offers

Potential buyers for Wendy's International Inc. (WEN) have a Nov. 12 deadline to submit bids for the hamburger chain, but a shaky financing package assembled by Wendy's banks could throw a wrench in the auction and lead to lower offers. Wendy's lende...

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