A new study assessing Chinese attitudes to wine labeling has debunked the traditional view that consumers are only really attracted to wines promoting traditional and French labeling cues.
PepsiCo is pumping more than 50 new products into India’s dynamic and surging snacks sector but it needs to be sensitive to localised differences to secure stable growth, according to an analyst.
A UK biscuit manufacturer has been ordered to pay £11,000 (€13,600) for flouting safety regulations following an accident which led to a teenage worker having one finger amputated.
Bay State Milling Co. has launched Contadino, a pizza flour developed for Neapolitan-style pizza, and Easy GrAin, a pizza crust mix designed to add more whole grains to the final product.
SunOpta Ingredients Group has expanded its ingredients’ portfolio to include rice fiber and cellulose fiber as well as a starch designed for use in yogurt and other dairy foods.
Smart Balance, Inc. has completed its previously announced acquisition of Udi’s Healthy Foods, L.L.C. for $125 million in cash from majority unit holder Hubson Acquisition, L.L.C., an affiliate of E&A Industries based in Indianapolis.
Investment firm Centerbridge Partners has gained control of P.F. Chang’s after the completion of a tender offer, and the firm is moving forward with a merger that will make P.F. Chang’s an indirect, wholly-owned subsidiary of Wok Parent L.L.C.
Skinny Nutritional Corp., maker of Skinny Water, has reached agreement with Trim Capital L.L.C. involving the issuance of $9 million of preferred and common stock and a $6 million senior secured credit facility.
The preliminary national average price received by farmers for all wheat in June was $6.37 per bu, down 30c from $6.67 in May and down $1.04 from $7.41 in June 2011, the U.S. Department of Agriculture said in its latest Agricultural Prices report.
The International Grains Council on July 2 forecast world wheat production in 2012-13 at 665 million tonnes, down 6 million tonnes from its May projection and down 30 million tonnes, or 4%, from a record 695 million tonnes in 2011-12.
While Don Thompson adjusts to the role of chief executive officer at McDonald’s Corp., customers may soon notice more chicken items on the menu instead of beef, predicts a Bloomberg report.
Hillshire Brands Co. CEO Sean Connolly is focused on promoting the company’s sausage and lunch meat products to upscale consumers according to a report published in the Chicago Tribune.
