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After four quarters of weakness, Canadian restaurant traffic grew modestly in the first quarter of 2010, up 2.3 per cent versus the same period one year ago, according to The NPD Group, a leading market research company. At the same time, consumer spen...

Several fast-food chains may have to wait until more young men find jobs before seeing same-store sales rise, according to a restaurant analyst.Jefferies &Co. restaurant securities analyst Jeff Farmer said in a note to investors this week that an a...

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 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...

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...

La multinacional de alimentación y bebidas PepsiCo ha anunciado que reducirá su consumo de agua en Reino Unido mediante un método innovador, consistente en extraerla de las patatas que utiliza para elaborar algunos de sus productos y reciclarla para su...

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...

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...

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, 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 ...

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...

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...