Food Processing

GMCR Releases Record Rise in Quarterly Revenue

GMCR Releases Record Rise in Quarterly Revenue

Though, analysts were expecting the earnings for the quarter to be flat for Green Mountain Coffee Roasters (GMCR). A recent report has uncovered that the brand has realized a 33% upsurge in its revenue.

Alliance Hopes To Come Out of Loss

Alliance Hopes To Come Out of Loss

Despite bearing loss yet again, Meat processor Alliance seems to be quite confident of coming back with a bang. There has been excess cost incurred during restructures at Mataura and Sockburn, which pushed the company down. Though New Zealand dollar is doing good, export markets are not giving any sort of support.

Increased Costs Make Kroger’s Second-Quarter Profits Plummet

Increased Costs Make Kroger’s Second-Quarter Profits Plummet

Cincinnati-based Kroger Co., the largest and leading traditional grocer in the nation, has realized a big fall in its revenue in the second quarter amid increased tax rates, a recent report has proposed.

Commerce Commission Approves Plant Purchase by Fonterra

Commerce Commission Approves Plant Purchase by Fonterra

Fonterra has received an approval from Commerce Commission and it can now purchase the Studholme milk processing plant near Waimate, a new report has unveiled.

Studholme, the Russian-owned factory, was put in receivership since May i. e. for some four months, as per the findings. The company worth $108 million had been commissioned in September 2007.

Food Manufacturers Pledge to Cut Calories

Food Manufacturers Pledge to Cut Calories

For the past few years, the authorities of the UK have been pressurizing the food manufacturers to cut the level of calories, sugar and salt so that the growing problem of obesity could be dealt with. Recently, the Mars and Coca-Cola promised the government to cut the level of calories in the food items.

Management Level Changes for PepsiCo

Management Level Changes for PepsiCo

It has been revealed in a recent report that the huge beverage and food giant PepsiCo is of the view that it is going to put changes in its global structure. In the same wake, they have brought back Brian Cornell for heading its food division, while it has further created a new job for the President of the firm. This is a move for streamlining the many priorities of the firm.

The Greens Suggest Imposing a Ban on Junk Food Advertisements

The Greens Suggest Imposing a Ban on Junk Food Advertisements

Increased junk food trend is already known to cause a number of negative impacts on the health of a person. An analysis of available data has indicated that tempting and attractive advertisements have played a role to catalyze the popularity of these unhealthy foods.

Parmalat Recalls Its Products

Parmalat Recalls Its Products

It has been reported that the Parmalat, a dairy company has recalled two of its milk products from the market. The two products which have been recalled are Pura 2 liter full cream milk and Daisy Fresh 3 liter full cream milk.

Vita Food products’ smoked salmon recalled due to possible contamination

Vita Food products’ smoked salmon recalled due to possible contamination

Nearly 8,080 packages of Vita Classic Premium Sliced Smoked Atlantic Nova Salmon have recently been recalled over concerns that the product may be contaminated with Listeria monocytogenes, which can cause terminal infections in children, the elderly, as well as people who have weakened immune systems.

KFC Australia to Remove Toys from Kids Menu

KFC Australia to Remove Toys from Kids Menu

KFC Australia has recognized the depth of the problem that there is an enormous increase in the number of obesity cases in children, and therefore, they have announced that they would not provide toys in their children menu. The ruling is applicable for all of their 600 stores.

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