Dollar General Corporation reports record third quarter 2012 sales and earnings • Third Quarter Same-Store Sales Increased 4.0%; Total Sales Improved 10.3% • Operating Profit Increased 16% to 9.1% of Sales, a New Third ...
Tags: Dollar General, Q3 sales, earnings, company news
United Biscuits, a UK-based manufacturer of biscuits and cakes, has introduced new flavors under its Jacob’s Oddities brand and a new product addition for its Carr's range. The new flavors from the Jacob's Oddities include Salt & ...
Tags: biscuit, cake, food product, food industry
Faerch Plast has launched the new MAPET II mono packaging, produced from MONO amorphous polyethylene terephthalate or MAPET, which offers better sealability compared to its predecessor MAPET I. Developed primarily for manufacturing trays ...
Tags: Faerch Plast, packaging, MAPET
PepsiCo has booked a drop in first-quarter profits as restructuring costs weighed on earnings. Net profit in the three months to the end of March slid 1% to $1.13bn in the period, PepsiCo reported today (26 April). Reported EPS in the ...
Tags: PepsiCo, drop, first-quarter profits, restructuring costs, earnings
US snack firm Snyder's-Lance is reported to be in negotiations to offload its own-label snacks business Vista. Citing two unnamed sources, Bloomberg said ConAgra Foods, TreeHouse Foods and Ralcorp Holdings are interested in the unit, ...
Tags: Snyder's-Lance, own-label snacks, unnamed sources, ConAgra Foods
Mondelez International, the snacks group spun off from Kraft Foods last month, has reported a fall in underlying third-quarter sales amid problems in Brazil and Russia. The company, which produces brands including Cadbury chocolate, ...
Tags: Mondelez International, Kraft Foods, sales, comapany news
Former TescoCEO Terry Leahy will take up the post of chairman at B&M Retail after private equity firm Clayton, Dubilier & Rice acquired a majority stake in UK discount retailer. B&M, owned by the Arora family, will continue to be managed ...
Tags: Tesco, Clayton, acquisition, discount retail
UK upmarket retailer Waitrose has launched a 'Good to Go' food range inspired by global cuisine. The selection of foods comprises sandwiches, foccacia, pancakes, baguettes, salads, cakes and fresh fruit. The sandwiches include a Spanish ...
Tags: food line, food, cuisine, sandwiches
A revaluation of China Marine Food Group's drinks arm has pushed the food and beverage firm into the red in the third quarter. The US-listed company, which also makes seafood-based snacks and distributes frozen catch, booked a net loss of ...
Tags: China Marine Food Group, red in the third quarter, seafood-based snacks
Premier Foods plc has poached executives from UK snack manufacturer United Biscuits and retail giant Sainsbury's to bolster the marketing team behind its "power brands". Claire Harrison-Church has taken the newly-created role of director ...
Tags: Sainsbury's, United Biscuits, marketing roles, Premier Foods
US speciality food group Inventure Foods has attributed its third-quarter profits to rising sales of its frozen natural and health food products. Net income in the three months to 29 September increased to US$1.7m, compared a loss of ...
Tags: Frozen sales, Inventure Q3 gains, natural and health food
PepsiCo is aiming for the biggest launch the UK crisp category in ten years with the latest addition to its portfolio - Walkers Deep Ridged. The company's bold claim came as it announced it had developed a product it said "unlocks ...
Tags: PepsiCo, biggest launch, crisp category, latest addition
Kraft Foods has booked an increase in first-half profits, despite recording a fall in sales, thanks to productivity and price gains. In the six months to the end of June, net profit increased 4.2% to US$1.85bn. Operating profit in the ...
Tags: Kraft Foods, first half profits, fall in sales, food price
PepsiCo's Frito-Lay snacks division is to invest US$38m in the expansion of its distribution and manufacturing facility in Connecticut. The 370,000 sq ft plant in Killingly, which employs around 600 staff, will benefit from "innovative ...
Tags: PepsiCo's Frito-Lay, snacks division, expansion of distribution
Mister Snacks, a US-based wholesale distributor of healthy snacks, is recalling its 5 oz. packages of Sunbird Snacks Yogurt Raisins as they may contain undeclared peanuts. Consumers who are allergic to peanuts may experience serious or ...
Tags: Mister Snacks, healthy snacks, healthy food, recall, food safety