The world’s largest cereal maker, Kellogg Company, has reported a year-on-year 6% surge in earnings for the third quarter but sales were down slightly due to the impact of foreign currency translation.
“The...
A comprehensive policy document was released by the European Commission today (28 October) flagging action to protect small food producers against large buyers, especially major retail chains.
The ‘Communication...
Many companies are failing to adequately address the issue of sustainable sourcing of raw materials, a new report has claimed.
The report*, which highlights Unilever as a leading example of best practice,...
Nestlé has insisted it is “committed” to using only “sustainable” palm oil from 2015, the latest in a series of announcements on the raw material from food manufacturers and retailers.
The...
All McDonald’s restaurants in the country of Iceland will be closed by month’s end as franchise holder Lyst ehf saw profits eroded by the collapse of the Icelandic kroner.
The plummeting currency...
Consumers who are buying more private label brands say they won’t return to name brands in the foreseeable future, the yearlong shopper experience study currently underway by American-based The Integer...
The roll-out of food labels designed to help US shoppers eat more healthily has been halted after food safety officials started an investigation on whether nutrition claims within the labels were misleading.
The...
Tesco, the largest retailer in the UK, has opened the first completely self-service outlet in Britain as retailers around the world continue to look at self-service checkouts as a means to reduce costs.
The...
Dairy group Danone has reported sales growth of 2.4% on a like-for-like basis in the first three quarters as stronger volumes overcame a 1.5% decline in prices received.
Consolidated sales fell, however,...
New research from America has shown that consumer interest in expanding their palettes is on the rise, with innovative flavours driving restaurant sales.
The study, from foodservice industry consultant...
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