Britons have spent £1.1bn on ice cream, sorbet and frozen yogurt already this year, up from £910M five years ago, according to the latest research from Mintel.
Ice cream prices have risen by more than a quarter over the past five years and sales volumes have declined, but most Europeans still consider ice cream an affordable treat, according to new research from Mintel.
Barilla S.p.A., a 135-year-old family-owned pasta company, plans to launch a new chain of Barilla-branded restaurants in the United States next year, according to an article in The Wall Street Journal.
KFC, a division of Yum! Brands Inc., has added Chicken Littles, new snack-sized sandwiches featuring a breaded Extra Crispy Strip in a bun topped with pickles and KFC’s signature Colonel’s Mayo.
Domino's Pizza, one of the market leaders in the organised pizza home delivery segment in India, has now opened its 500th outlet at Rajinder Nagar, Delhi.
UK-based supermarket chain Sainsbury's is set to launch kiwiberries, which have been grown in Britain. The company noted that the bite size fruit will be exclusive and first for any retailer in the UK.
The National Restaurant Association’s Restaurant Performance Index was 100.2 in July, a 1.1% decline compared with the month of June. Softer customer traffic and a dampening of operator optimism were cited as the reasons for the decline.
AgriMarine Holdings has announced that it has entered into an agreement with the Ito-Yokado grocery retail chain for the supply of locally produced fresh Chinook salmon from AgriMarine’s closed containment freshwater farm in Benxi, China.
Asda’s acquisition of Netto stores will prove a key factor in Morrisons’ announcement of difficult first half trading for 2012/2013, when it reports interim results on September 6, predicts Shore Capital analysts Clive Black and Darren Shirley.
Foreign Direct Investment (FDI) is an investment that is made directly into production in a country by a company located in another country, either by buying a company in the target country or by expanding operations of an existing business in that countr
