BreadTalk Q3 Profit Up 22.2% on Lower Costs

Breadtalk’s group revenue for first nine months declined 2.6 per cent year on year to S$449.5 million.  Singapore - Breadtalk Group announced a 22.2 per cent rise in third quarter net profit to S$4 million from a year ago on lower costs. Revenue for the three months to Sept 30, 2017, dipped 2 p...

Nestle bids adieu to Grocery Manufacturers Association Group

Nestle bids adieu to Grocery Manufacturers Association GroupNestle’s spoke person Roger Lowe said “Nestle is parting away from Grocery Manufacturers Association (GMA), a lobby group that represents hundreds of food companies in Washington. By the end of this year, the company will bid its fi...

McDonald’s quarterly US comp sales witness unforeseen growth

McDonald’s quarterly US comp sales witness unforeseen growthMcDonald’s Corp reported a bigger-than-expected increase in quarterly U.S. comparable sales  as offers such as $1 beverages and its McPick 2 for $5 promotion helped attract more diners. Sales at U.S. restaurants open at least 13 m...

New Sky Valley Foods CEO wants to fill gaps in the organic food landscape

New Sky Valley Foods CEO wants to fill gaps in the organic food landscapeSky Valley Foods’ new CEO Rodrigo Troni wants to fill the gaps in the organic food landscape. Organic foods are easily available in staples like produce and dairy, but that’s not necessarily true for extras like condiments ...

Tech start-up that uses robots to make pizza raises nearly $50 million

Robots perform highly repetitive tasks like squirting and spreading tomato sauce and placing pizzas in ovens. Zume Pizza, a tech start-up that uses robots to make pizza, has raised nearly $50 million. The Mountain View, California, company has raised about $48 million, according to a filing with th...

Year of Significant Change for ARYZTA

Based in Zurich, Switzerland, ARYZTA has operations in North America, South America, Europe, Asia, Australia and New Zealand. Singapore - ARYZTA, the global bakery business, has reported a 2.1% decline in total revenue to €3.8 billion and a 31.1% drop in group EBITDA to €420.3 million for ...

Nevada County 4-H calls teen volunteers for its food and agri program

Nevada County 4-H calls teen volunteers for its food and agri programNevada County has invited teenagers to be a part of its food and agriculture education program sponsored by University of California Cooperative Extension and the Nevada County 4-H Youth Development Program. Trained teen educators...

Dean Foods Closes Virginia Fluid Milk Plant

The company is eliminating 7 positions in the process, part of a company-wide plan to consolidate operations cut costs amid competitive pressures in the milk businessDean Foods, Dallas has recently announced that it’s closing its fluid milk processing plant in Richmond, Va. to "remove redundancy" ...

Mobile Food Pantries launched by a New Hampshire Food Bank

The New Hampshire Food Bank, a program of Catholic Charities New Hampshire, says it is using $30,000 from the donation it received in December to launch the food pantries in Concord, Franklin, Plymouth, Lancaster and Alstead this summer.A New Hampshire food bank has launched a series of mobile food ...

Ministry of Food Processing inks MoU with Germany

Ministry of Food Processing inks MoU with GermanyIn a bid to promote Indian food processors and exporters internationally, Ministry of Food processing has signed a Memorandum of Understanding (MoU) with ANUGA, world’s largest promotional and investment trade fair organised in Germany. This Mou aim...

Govt. will soon clear the way for Amazon’s FDI in food retail: Badal

Govt. will soon clear the way for Amazon’s FDI in food retail: BadalWhile addressing an event, Harsimrat Kaur Badal, Minister, Food Processing Ministry unveiled that government of India will soon clear the way for Amazon’s FDI in food retail. US retail giant had proposed earlier that it is k...

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