NEW YORK (AP) — General Mills' second-quarter net income slipped 28 percent in the second quarter, the company said Tuesday, citing rising costs. Revenue jumped by double digits as it was able to successfully raise prices. The food company maintained its adjusted full-year earnings guidance, but cautioned that second-half gross margin as a percent of sales will be below year-ago levels.
TOLEDO, Ohio (AP) — A hot dog eatery made famous on the TV series "M-A-S-H" is getting a new owner, but the role of its founding family is still unsettled. A judge on Monday approved a $5.5 million deal transferring ownership of Tony Packo's Inc. to a private restaurant group.
SEATTLE (AP) — The Seattle City Council voted Monday to ban single-use plastic bags from groceries and other retail stores, joining a growing trend among cities that embrace green values. The ordinance, which was approved unanimously following months of discussion and debate, takes effect in July 2012.
SPRINGDALE, Ark. (AP) — An Arkansas meat processing plant that was linked to a salmonella outbreak this year is producing ground turkey again, meat Giant Cargill Inc. said Monday. The move comes after the Minnesota-based company improved safety measures in response to the outbreak that left one person dead and prompted the recall of millions of pounds of turkey.
WILLIAMSBURG, Mass. (PRNewswire) — Gay Coffee, which debuted at this year's Castro Street Fair on October 2, announced new merchandise to complement the company's hand-roasted coffee celebrating gay history and culture and enhance holiday gift guides with kitsch, camp and quality.
JWT’s “10 Trends for 2012” is the result of quantitative, qualitative and desk research conducted throughout the year and for this report. It includes input from nearly 70 JWT planners across more than two dozen markets and interviews with experts and influencers across sectors including technology, luxury, social responsibility and academia.
OMAHA, Neb. (PRNewswire) — A continued desire to save money will lead more Americans to eat at home in the coming year, and consumers will rely even more on technology to shop for bargains and make community connections, predicts Supermarket Guru ® Phil Lempert. And that's just the beginning.
NEW YORK, N.Y. (PRNewswire) — According to a new report published by Transparency Market Research, " Baby Food & Pediatric Nutrition Market: Global Analysis and Forecast (2007 - 2017)," Global Baby Food & Pediatric Nutrition Market is estimated to be USD 38.1 billion in 2011 and expected to reach USD 41.
CHICAGO, Ill. (PRNewswire) — Competition in the foodservice industry is always fierce and restaurant chains are constantly jockeying for your business, money and attention in an overcrowded marketplace. However, in 2012 five trends outlined by Mintel Menu Insights will shape how operators appeal to their customers with regional and imported menu options, double-sided menus, customization and time-intensive preparation methods.
GRAMERCY, La. (PRNewswire) — Louisiana Sugar Refining, LLC (LSR), announced today that Cargill and Sugar Growers and Refiners, Inc. (SUGAR) have acquired all of Imperial Sugar's interest in LSR. Cargill and SUGAR now each have a 50 percent interest in the million-ton-per-year sugar refinery.
ATLANTA (AP) — Coca-Cola FEMSA SAB, the biggest bottler of Coca-Cola products in Latin America, said Thursday that it has completed its acquisition of Mexican bottler Grupo CIMSA. The company, which is a joint venture between Mexico's Coca-Cola FEMSA and Atlanta-based Coca-Cola Co.
PORTLAND, Ore. (AP) — Oregon state officials hope to avoid losing control of liquor sales, as happened in Washington state this fall, by opening up the state-run retail operation, including giving grocery chains a chance to open "store within a store" outlets. The Oregon Liquor Control Commission also proposes to allow more existing state-franchised stores to offer beer and wine, The Oregonian (http://is.
FAYETTEVILLE, Ark. (AP) — When Judy Paynesmith left her job as a medical transcriptionist, she wanted to open her own business. The goal: Help people eat better and live healthier lives for a few years until she retires. She's operated Lean Green Cuisine at 908-D Rolling Hills Drive since February 2010, offering prepared organic, vegan food to Northwest Arkansas customers who pick it up once per week or have it delivered.
FRESNO, Calif. (AP) — California officials have lifted the recall and quarantine of most of the raw organic milk products from a Fresno County dairy. The California Department of Food and Agriculture announced Friday they were ending the recall of Organic Pastures raw milk after determining the dairy met sanitation requirements and complied with state food safety regulations.
LONDON (Leatherhead Food Research) — Leatherhead Food Research, a leading UK-based independent research organisation, has predicted the food and drink trends set to make an impact in 2012. “2012 looks set to be one in which on-going trends will be stretched to their full potential, particularly as consumer concerns about health and wellness have prevailed and continue to be high on the agenda,” says Laura Kempster, Senior Market Analyst.
NORTHFIELD, Ill. (PRNewswire) — Kraft Foods today shared results of a pioneering survey that measured its impact on climate change, land and water use. The multi-year footprinting project -- in partnership with Quantis Inc. and reviewed and analyzed by World Wildlife Fund and notable academics at the University of Minnesota's Institute on the Environment – goes far beyond the company's walls.
COLUMBIA, Mo. (AP) — A Maryland-based company using University of Missouri Research plans to launch a new soy-based product that looks and tastes just like chicken. Savage River Farms says it will produce and initially sell the chicken substitute in markets across the country through food service companies, hospitals, universities and corporate dining operations.
WASHINGTON (AP) — A Nebraska meatpacker recalled more than 40,000 pounds of ground beef products distributed in 16 states after a test confirmed the presence of E. coli, the Agriculture Department said Friday. The products were shipped to institutions and distributors in Alabama, California, Florida, Georgia, Illinois, Indiana, Kentucky, Louisiana, Mississippi, New York, North Carolina, Ohio, South Carolina, Tennessee, West Virginia, and Wisconsin.
WASHINGTON (AP) — The Federal Trade Commission says it is taking another look at guidelines designed to limit the marketing of unhealthy foods to kids after Congress delayed the effort. The voluntary guidelines proposed by the government earlier this year set maximum levels of fat, sugars and sodium and ask food companies not to market foods that go beyond those levels to children ages 2 through 17.
FLAGSTAFF, Ariz. (AP) — Disposable plastic water bottles in shops, vending machines, hotels and grocery stores at Grand Canyon National Park will disappear early next year under a plan by park officials to ban the sale of them. But first they'll have to demonstrate they've met guidelines issued late Wednesday by the National Park Service that require a review of water availability, visitor health and safety, cost and benefits, and get the approval of the regional director.