Generation Y (those born between 1976 and 1990) is the largest, most culturally diverse demographic group in history. Until now, their food and beverage preferences were largely unknown. New American...

The world’s largest dairy exporter, Fonterra Co-operative Group, has opened its new research and development centre – the Chicago Technical Centre (CTC) – in Chicago, Illinois.Fonterra...

Unilever has posted third quarter underlying sales growth of 8.3%, as they continue to reap rewards from investing in their brands. The global consumer goods giant managed to also increase volume by 0.6%...

Woolworths, Australia’s largest supermarket operator, has fallen short in their attempts to purchase Liquorland in New Zealand, with the liquor chain going to major NZ rival Foodstuffs. “After...

Tesco, the UK’s largest retailer, is to launch a new feedback service entitled ‘Every Comment Helps’ in 100 of their UK supermarkets. Essentially, their improved customer service process...

Restaurants may be moving beyond big steaks and even bigger spenders. As financial woes grip the US and consumers tighten their purse strings Mintel Menu Insights reports that more restaurants are promoting...

Kellogg Company, the world’s largest cereal manufacturer, has reported third-quarter 2008 sales growing 9% to US$3.3b – driven by price increases and the trend toward more people eating at...

Kraft Foods Inc. has announced positive third-quarter 2008 results as the company executes its three-year turnaround plan. Strong organic net revenue growth of 7.1 per cent was, in part, driven by pricing...

McDonald’s, the world’s largest fast-food restaurant franchise, is to banish its current packaging in a bid to improve consumer ties to the brand, with an increased focus to be placed on the...

Discounted price, dollar menus, and other promotions are driving customer traffic and keeping the American restaurant industry in the black, according to The NPD Group, a leading market research company....