News on Food Trends

October 02, 2007

McDonald's no longer betting big on kid stuff in India

Happy Meals, Big Mac’s most famous sub-brand specially tailored for children and a company trademark since 1979, has been witnessing a year-on-year decline in sales in India. “Kids’ visits to our stores have been declining year-on-year and have been ov...
Third potential bidder for Wendy’s
October 01, 2007

Third potential bidder for Wendy’s

An investment group that includes a company led by former CKE Restaurants chairman and chief executive William Foley has emerged as a third potential bidder for Wendy’s International Inc. Fidelity National Financial, a title insurance and investment co...
How Frito-Lay is re-engineering its munchies to make healthier snacks
October 01, 2007

How Frito-Lay is re-engineering its munchies to make healthier snacks

Perhaps no company has more at stake than chip-giant Frito-Lay, the world's biggest producer of snack foods, with $10 billion-plus in annual sales. Home of Doritos, Fritos, Cheetos and Tostitos, Frito-Lay represents 36 percent of parent company Pepsi...
October 01, 2007

CIP-ESEAP says organic potato production has edge in global markets

Centro Internationale de la Patata–East and Southeast Asia and the Pacific (CIP-ESEAP) regional leader Fernando Ezeta, who visited potato farms in Benguet in the Philippines, said developed countries demand for organic potatoes which is an avenue to o...
October 01, 2007

Pinguin rondt overname Lutosa af

De West-Vlaamse beursgenoteerde diepvriesgroentespecialist Pinguin heeft de overname van aardappelverwerker Lutosa afgerond. Het bedrijf betaalde 175 miljoen euro voor de overname. Dankzij de overname verdubbelt Pinguin nagenoeg in omvang en wordt het ...
October 01, 2007

Netherlands to launch carbon-based packaging tax

A decision by the Netherlands to put a carbon-based tax on packaging could have far reaching consequences across the EU for processors.The tax, thought to be the first in Europe, will not only mean higher costs for processors, but could be the start o...
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September 29, 2007

Una empresa española envasará patatas para cocinar al microondas

Varios productores de patatas de Oliana, agrupados bajo la marca Trumfos del Pirineu, estudian la posiblidad de comercializar patatas preparadas para cocinar al microondas, adaptándose así a los nuevos hábitos culinarios y al ritmo de vida de los ciuda...
September 28, 2007

USPB promotes dehydrated potatoes in Thailand

The United States Potato Board (USPB) is tapping into the food and bakery business in Thailand by promoting the use of dehydrated potatoes. The USPB, a non-profit organisation that represents potato growers, is working with the Thai food industry to...
September 28, 2007

McDonald's stock inches lower following downgrade

McDonald's Corp. shares dipped lower Thursday after Moody's Investors Service downgraded its ratings, citing the fast-food chain's adoption of a more aggressive financial strategy. Shares fell 24 cents to $54.56 in Thursday trading.
September 28, 2007

Idaho Potato Commission adds fresh talent to its retail food team

The Idaho Potato Commission welcomes Kent Beesley as Retail Promotions Director/West. Beesley will be responsible for educating retailers on how Idaho Potatoes can help boost profits in the potato category in grocery stores and other venues where potat...
September 28, 2007

India's 'retail revolution' sours for Reliance

Indian giant Reliance Industries has frozen plans to bring a Western-style "retail revolution"to the nation's biggest state amid bitter opposition from small traders, an official said Wednesday. Reliance has suspended retail operations and ...
September 27, 2007

Conagra announces dividend increase and share repurchase

Today the board of directors of ConAgra Foods, Inc., (NYSE:CAG) announced two items related to the company's capital allocation program: The quarterly dividend has been raised to $0.19 per common share. This new rate will start with the Dec. 3, 2007...
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September 27, 2007

Moody's: McDonald's ratings cut to 'A3'

Moody's Investors Service said it cut McDonald's senior unsecured notes and debt ratings to 'A3' from 'A2', citing higher debt levels which will be required to support the fast food giant's shareholder initiatives.
September 27, 2007

US Authorities divided over popcorn lung regulations

A proposed bill that calls for emergency regulatory action to protect workers from diacetyl, a chemical linked to lung disease, has met with resistance from the Bush administration.The bill, submitted to the House of Representatives, would require the ...
Arby's to open 35 new restaurants in the US
September 27, 2007

Arby's to open 35 new restaurants in the US

Arby's Restaurant Group Inc. has inked development deals to open 35 new Arby's restaurants across the nation. The Atlanta-based franchiser of the Arby's restaurant system said the agreements include four new and 13 existing franchisees to develop Ar...
September 26, 2007

Potato farmers adapting to new food safety regulations

As potato farmers nationwide dig up and truck in this year's crop, they're being held for the first time to guidelines aimed at preventing a food safety scare similar to the deadly E. coli outbreak in spinach last year. Besides watching the weather a...
September 26, 2007

AUSVEG and PPAA sign MOU to strengthen the Australian potato industry’s

The Australian potato industry is set for increased success after AUSVEG and the Potato Processors Association of Australian (PPAA) formalised their commitment to working together for the betterment of the industry by signing a historic Memorandum of ...
September 26, 2007

Fast Food chains in Australia urged to reduce unhealthy fats

Fast food chains in Australia have cut down on the use of unhealthy trans fats amid threats of regulation, and have agreed to reduce saturated fats following pressure from health groups. Major chains including McDonald's, KFC, Hungry Jacks and Pizza ...

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