Producer prices - a barometer of future inflation - continued to decline in China in April, pointing to lingering weak market demand and a tepid recovery in the world's second-largest economy.
Britain's No. 4 grocer, Wm Morrison Supermarkets, said quarterly underlying sales fell again, as its limited exposure to convenience stores and lack of an online food offer continued to hurt.
US-based Tyson Foods has reported that its net income decreased by 42.77% to $95m for the second quarter of 2013, compared with $166m for the same quarter in 2012.
Indian finance ministry has raised concerns with the department of industrial policy and promotion (DIPP) over a possible violation of the FDI policy on single-brand retail by UK-based retailer Marks & Spencer (M&S).
Whole Foods Market here said Tuesday that improving results at larger stores between five and eight years old may prompt it to consider opening stores of mixed sizes going forward.
Coca-Cola Amatil Limited (CCA) announced at its Annual General Meeting on 7 May 2013 that it expected to see a decline or 8 to 9 per cent in earnings before interest and tax (EBIT) for the first half of the 2013 financial year.
The increased popularity of new age snacks from other categories ranging from energy bars to dried seaweed is among threats facing the baking industry, two food trend analysts said.
The owners of a cafe that serves what they call healthy fast food by the West Highland Way are planning an upgrade expected to cost around £100,000 in spite of challenging economic conditions.
The consensus among city analysts is that Morrisons will report a 2% fall in underlying sales for the first quarter of its financial year, following a 2.1% reverse over the previous 12 months.
CommAuction S.A, a Uruguay-based High Tech International Food Auction Company will unveil their revolutionary Internet Site at SIAL CHINA 2013, to be held at the New Shanghai Expo Exhibition Center May 7-9, 2013.
The performance of the Australian manufacturing sector, including food and beverage manufacturing, worsened significantly in April 2013 amid weakening economic conditions.
Asia will become increasingly dependent on food imports from the West to support rising living standards, and in the sugar market affordable prices will drive demand up, sugar merchant Czarnikow said on Friday.