Waitrose has begun a major pledge to source all its seafood from independently certified sources, with an industry leading deadline of the end of 2016.
A slowing in the T.G.I. Friday’s brand coupled with increased brand investment crimped earnings at Inventure Foods, Inc. in the first quarter of fiscal 2013.
Archer Daniels Midland Co. on May 1 said it will offer A$12.20 ($12.54) per share to acquire GrainCorp Ltd., for a total transaction value of approximately A$3.4 billion ($3.5 billion).
Although the Department of Commerce and the Mexican tomato growers agreed on an updated suspension agreement for imported tomatoes back in March, the Florida tomato farmers are contesting the deal.
Operating income of the North America business of Ingredion Inc. in the three months ended March 31 was $107.7 million, up 8% from $100 million in the first quarter of 2012.
The revenue gap between domestic dairy companies widened in 2012, as experts said that increasing market concentration will benefit the industry in the long run, the National Business Daily reported.
International Paper Co, the largest producer of corrugated boxes in North America, posted a lower-than-expected quarterly profit on Thursday due to weak demand for food packaging and printing paper.
Germany exported 119,653 tonnes of wheat to Iran in February, figures from the German statistics agency showed on Thursday, suggesting that Western sanctions against Tehran are not hindering sales.
Hain Celestial Group Inc reported on Thursday that quarterly sales rose by 21 percent, but sales were below Wall Street views and its shares fell nearly 4 percent in after-hours trade.
Replying in writing to a query in the Lok Sabha, Charan Das Mahant, minister of state for agriculture and food processing industries, said the inflow of foreign direct investment (FDI) to the food processing industries sector for the last three years
Unilever PLC has announced a voluntary open offer to increase its stake in Hindustan Unilever (HUL), its publicly listed subsidiary in India, from 52.48% to up to 75% at a price of INR 600 per share.
US-based pizza restaurant chain Domino’s Pizza has reported 65.9% increase in net income to $34.4m in the first quarter (Q1) ended 24 March 2013 compared to $20.7m in the corresponding quarter a year ago.
Dallas-based Dean Foods Co. announced that its board of directors approved the distribution of a portion of its remaining equity interest in The WhiteWave Foods Co., Broomfield, Colo., to Dean Foods’ stockholders.
Global market research organisation Nielsen has launched the first Australian ShopperLAB research facility, which has been installed in the Company’s Sydney head office.
The proportion of consumers satisfied with German-owned Australian supermarket Aldi is once again comfortably higher than Australia’s other three major supermarket chains, according to market research organisation Roy Morgan Research.