Whole Foods is planning to open a new chain of stores. The company is building a team to focus exclusively on the new concept and that it's already negotiating leases. Stores are expected to start opening next year, followed by a "fairly ...
Tags: Whole Foods, new stores
Fast-food giant McDonald's Corp. said it would close about 350 restaurants due to the falling sales in Q1. Sales in the Asia-Pacific and Middle East region dropped 8.3 percent, helping bring overall global sales down 2.3 percent, ...
Tags: McDonald's, Fast-food
Tesla posted a first-quarter loss of 36 cents per share on $1.10 billion in revenue. Sales rose more than 50 percent from the year-earlier period. The company planned to increase production by about 12% and manufacture 12,500 cars in the ...
Tags: Tesla, electric vehicle
Israel based producer of Sparkling Water SodaStream International and lifestyle brand Skinnygirl have jointly launched two new sparkling drink mixes - Cucumber Lime and Mango Berry. The companies have developed the flavored and mildly ...
Tags: Sparkling Drink, Cucumber Lime
US-based establishment Goya Foods has opened new sustainable corporate headquarters in New Jersey, as part of a $500m global expansion. The new center houses 600,000ft2 warehouse for distribution and 42,000ft2 corporate office space. ...
Tags: Goya Foods, Food
Nutrition energy bars producer Balance Bar has expanded its product portfolio with the introduction of new Balance bites line. Available in chocolate and peanut butter flavours, the new Balance bites claim to offer 190 calories and 13g ...
Tags: Balance Bar, Balance Bites, snacks
Columbus Exploration Corporation has entered into a memorandum of understanding to acquire organic food company Agricola Nuova Terra Guatemala for more than $6.5m. Agricola currently offers fresh organic and conventional products to ...
Tags: Organic Food, food packaging
Saudi Arabia has imposed a ban on imports of poultry meat and egg products from the Canadian province of Ontario over the detection of avian influenza at three farms. Recently, the Canadian Food Inspection Agency (CFIA) confirmed the ...
Tags: Poultry Imports, poultry meat
The US deputy agriculture secretary Krysta Harden and Honduras secretary of agriculture and Livestock Jacobo Paz have signed an agreement to support agricultural development and trade in Honduras through Food for Progress Program. As part ...
Mars Chocolates’ Combos baked Snacks has introduced two new sweet and salty flavour combinations - Combos Sweet & Salty Caramel Creme Pretzel and Combos Sweet & Salty Vanilla Frosting Pretzel. Combos Sweet & Salty Caramel Creme ...
Tags: Combos Baked Snacks, Combos Sweet, Salty Caramel Creme Pretzel
Axalta Coating Systems has started construction on a new Asia-Pacific R&D and technology center in Shanghai. Planned to open in the second quarter of 2016, the facility will feature product development and application laboratories, and ...
Tags: Axalta Coating, light vehicle
SKODA has detailed new features of its SKODA Superb, including assistance systems to offer improved safety and comfort. SKODA Superb, which incorporates Volkswagen's MQB technology, features assistance systems, including blind spot ...
General Motors (GM) has confirmed plans to invest $5.4bn at its manufacturing and assembly plants in the US in the next three years, to strengthen its production capabilities and enhance product quality. The proposed investment will be ...
Tags: General Motors, enhancing tools
Delphi Automotive is reportedly looking to pursue acquisitions this year with investment of up to $3bn. The announcement comes alongside the company's results for the first quarter. Delphi Automotive CEO Kevin Clark was quoted by ...
Tags: Delphi Automotive, wire harnesses
Allison Transmission has unveiled a new line of buses that incorporate automatic transmissions technology, to increase fuel efficiency. Called extra fuel economy (xFE), the fully automatic bus transmissions are said to have shown ...