Argentines turn to chicken and pork as beef prices soar
Booming inflation is driving consumers in Argentina to switch to chicken and pork and away from the pricier beef, a mainstay for decades.
Archives for April 27, 2016
China's youth obesity prevalence grows from 0.03% to 17.2% in 30 years
China is paying the price of adopting a western lifestyle with soaring childhood obesity, according to a 29-year study of nearly 28,000 children and adolescents.
Just the occasion: Hershey’s 'store within a store' experiential displays up sales
Hershey has reported positive results for its Candy Experience concept 'store within a store' at a Winn-Dixie outlet in Louisiana and three Supervalu-Cub Food Stores in Minnesota.
Weber on Weber: CEO ‘honoured’ by new role
Doug Weber has been named president and CEO of the eponymously-named Weber Packaging Solutions, a global designer and manufacturer of product labelling used by the meat industry.
Analyst: ‘It may be too early to say Pepsi True is a flop, but it’s definitely not a success’
The 2014 launch of Pepsi True was a low-key affair, so the complete radio silence from the brand ever since could just reflect a desire to keep things that way. Another explanation, of course, is that Pepsi True – like rival Coca-Cola Life – has simply...
Pilgrim’s Pride reports pre-tax profit drop
Mexico’s second-largest poultry producer – US-owned Pilgrim’s Pride – has reported a fall in pre-tax profits for the first quarter of 2016 after a “challenging” winter.
Addition of peanut flour to some Kellogg’s snacks “outrages” consumers, prompts petition
Kellogg’s efforts to appease consumers who asked it not to add peanut flour to several previously allergy-safe snacks has backfired on the manufacturer – further aggravating parents of children who are allergic to the ground nut and tarnishing the...
The Chaat Co.’s savory yogurts expand the dairy category to new eating occasions
Tapping into America’s growing obsession with snacking, sugar reduction and desire for global flavors, New York startup The Chaat Co.’s new line of savory yogurts with spicy mix-ins aims to revolutionize the US yogurt category, which until now has...
Mondelēz needs strategy rethink as Q1 revenues decline, suggest analysts
Mondelēz International must be careful not to saturate the Cadbury and Milka and Oreo brands with excessive SKUs and be wary cost-cutting measures don't harm revenues further, say analysts.
Monsanto slams EU attempt to block GM crops in Africa as 'neo-colonialism'
The European Parliament’s Committee on Development has urged G8 member states “not to support GMO [genetically modified] crops in Africa” as part of its critical resolution on the New Alliance for Food Security and Nutrition - a decision agri giant...