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november 10, 2009
McDonald's U.S. same-store sales slip in Oct
McDonald’s domestic same-store sales for October, while down a slight 0.1 percent compared with a year earlier, still fared better than many analysts predicted after the company tempered expectations late last month in an investor conference call. The ...
november 09, 2009
US Restaurant Customers want More for Less
Although economists may be reporting an end to the recession, the news has not reached restaurant customers, according to a new survey released today by AlixPartners LLP, the global business advisory firm. Following a study released in March 2009, A...
november 06, 2009
Results in nutrition research to be featured at Washington-Oregon Potato Conference
Potatoes have long been an important and economical source of energy, nutrition and satiety in the American diet. As one of the top three vegetable carbohydrates consumed by humans on the planet, chances are potatoes will continue to fill that role in ...
november 05, 2009
Restaurant earnings marked by slow sales, cost cuts
Third-quarter earnings results continued to showcase both bottom-line improvements driven by cost cutting, as well as stalled sales driven by consumers’ reluctance to start spending.Wendy’s and Arby’s followed quick-service players McDonald’s and Burge...
november 04, 2009
Snyder's of Hanover and Utz not merging after all
Snyder's of Hanover and Utz Quality Foods announced today their decision to discontinue pursuit of the merger between the two snack food companies. After receiving word late last week that the first and second filing had not been cleared by the Federal...
november 02, 2009
Presenta Burger King ganancias en primer trimestre fiscal
La cadena estadounidense de hamburguesas Burger King Holdings Inc reportó el jueves ganancias para el primer trimestre fiscal menores a las esperadas y dijo que persistirá el impredecible ambiente del consumo, lo que hundía a sus acciones. Sponsored Content
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oktober 30, 2009
Alexia Foods issues product recall of Alexia Olive Oil, Sun-Dried Tomatoes & Pesto Oven Reds frozen potatoes
Today, Alexia Foods, Inc, Kennewick, WA, in cooperation with the U.S. Food and Drug Administration (FDA) is voluntarily recalling packages of its Alexia – Olive Oil, Sun-Dried Tomatoes &Pesto Oven Reds (frozen seasoned potato wedges) for an undecla...
oktober 29, 2009
Burger King First-Quarter Earnings Fall 6.4% as U.S. Sales Drop
Burger King Holdings Inc., the second-largest U.S. hamburger seller, said first-quarter earnings declined 6.4 percent as sales in the U.S. and Latin America dropped. Net income fell to $46.6 million, or 34 cents a share, from $49.8 million, or 36 cents...
oktober 29, 2009
Simplot and Blue Source Alliance Helps Growers Capture Carbon Opportunities
International food and agribusiness leader J. R. Simplot Company and leading emissions reduction project developer and offset marketer, Blue Source LLC, today announced the formation of a strategic alliance to assist American farmers interested in enga...
oktober 28, 2009
Who is cutting back on what
It's common knowledge that consumers have been trying to economize in the past year. But where have they been focusing their efforts at austerity? Inquiring about specific money-saving steps respondents may or may not have taken in past six months, a n...
oktober 26, 2009
Unilever to Phase-Out the Smart Choices Program Logo While Awaiting FDA Guidance on Future Labeling
Unilever has long been committed to clear, transparent nutritional information for consumers, and therefore welcomes the U.S. Food and Drug Administration’s (FDA) announced plans to develop standardized criteria on which future front-of-package nutriti...
oktober 23, 2009
Smart Choices Front of Pack Labels Halted after FDA warning
An industry-funded food labeling program was halted on Friday just days after U.S. officials warned they were investigating if nutrition claims on the front of packages were misleading.The Smart Choices Program said it would "voluntarily postpone ...
oktober 22, 2009
McDonald's Third Quarter Earnings Rise on Strong Global Results
McDonald's Corporation today announced strong results for the third quarter ended September 30, 2009, fueled by positive comparable sales in every area of the world. In constant currencies, the Company posted higher revenues, operating income and earni...
oktober 22, 2009
Snyder's of Hanover announces acquisition of Utz Quality Foods
Carl E. Lee, Jr., President and Chief Executive Officer of Snyder’s of Hanover, recently announced the company’s intention to acquire Utz Quality Foods, Inc., pending clearance from the Federal Trade Commission.“We are pleased to announce that two mark...
oktober 22, 2009
Potato Seminar Explores Menu Innovation
To drive menu innovation in America's leading restaurant chains, the U.S. Potato Board is conducting a seminar series at the Culinary Institute of America at Greystone.This year's seminar, held from September 27 to 29, attracted 15 of the nation's most...
oktober 22, 2009
Jim Skinner cautions on McDonald’s October sales
After posting another quarter of positive sales trends and profit growth, McDonald’s Corp. said October could be the month when its momentum finally falters in the face of the U.S. recession.Chief executive Jim Skinner said domestic same-store sales fo...
oktober 21, 2009
Should you be slashing your prices?
Is the broad-based discount strategy that many large chain supermarkets have employed to draw in business and increase purchases a good strategy?.The Lempert Report believes that by proclaiming price cuts on thousands of items, chains run the risk of u...
oktober 21, 2009
FDA analyzing front of package labeling
The U.S. Food and Drug Administration (FDA) said Oct. 20 that it would seek to clear up the confusion caused by a surge of nutritional claims that manufacturers have begun to make on packaged food labels. Point of purchase labeling including Front of P...