The NASS said it is suspending some statistical surveys and reports for the remainder of the 2013 fiscal year ending Sept. 30 because of cuts in funding mandated by sequestration.
EBITA for CSM n.v. in fiscal year 2012 dropped to €123.9 million ($160.4 million), down from €130.2 million in the previous year, as one-off costs totaled €46.9 million.
The Dunkin’ Brands Group will roll-out a loyalty program during the second half of 2013 in an effort to increase franchisee profitability and shape its customers’ behavior.
While the nation’s largest grocery retailer plans to offer more private label products later this year, it is not a strategy that will be employed to “replace or pump up profit".
Carla’s Pasta, Inc., a maker of frozen pasta and pesto, is expected to receive a 10-year, $4 million loan from the state of Connecticut to help expand the company’s production capacity and add nearly 100 jobs.
Despite year-over-year gains in income and sales, fiscal 2012 “was not a satisfactory year” for MGP Ingredients, Inc., said Tim Newkirk, president and chief executive officer.
Hostess Brands, Inc. will conduct an auction on March 15 for its Drake’s snack cake business and Sweetheart, Standish Farms, Grandma Emilie’s and Eddy’s bread businesses.
Healthy Choice and Marie Callender's, brands of ConAgra Foods Inc., are helping consumers to better understand the benefits of frozen meals and experience frozen foods in a new way.
Senators from two leading dairy-producing states have introduced bipartisan legislation that would allow dairy producers to establish federal savings accounts to help manage revenue risk and market fluctuations.
Pinnacle Foods and 47 other companies have joined forces in anti-obesity efforts, and the owner of the Birds Eye brand in the US has experienced a jump in frozen vegetable sales by taking part.
