US food manufacturer Lancaster Colony has booked a drop in full-year profits. In the 12 months to the end of June, earnings slid 9.9% to US$95.8m. Operating profits in the period dropped 2.5% to US$143.3m. Lancaster's speciality foods ...
Tags: Lancaster Colony, full year profits, drop, food industry
US retailer Safeway Inc has booked a decline in operating profit in the first half of the year. For the 24 weeks ended 16 June, operating profits slid to $437m, an 11.9% decline on the prior-year period. The retailer blamed the dedcline ...
Tags: Safeway Inc, operating profit, food market, food industry
Price rises have helped US-based nut group John B. Sanfilippo & Son to book a 4% increase in full-year sales, despite lower volumes. For the 12 months to the end of June, Sanfilippo & Son saw net sales reach US$700.6m. The group ...
Tags: nut, sales rise, food market, food sales, food industry
US organic retailer Whole Foods Market has snapped up leases to six Johnnie Foodmaster's stores in and around Boston. The six stores average 31,000 square feet in size. Whole Foods plans to remodel each location, with the goal of ...
Tags: Whole Foods Market, food market, food industry, food store
Jenni Spinner, Senior Editor -- Packaging Digest, 12/4/2012 7:00:00 AM While sustainability is growing ever louder as a packaging buzzword, a wealth of questions about the concept and its potential impact on the industry remain. On ...
Tags: packaging buzzword, sustainable packaging, packaging recycling
Commodities giant Archer Daniels Midland has booked a drop in full-year profits as record corn prices hit earnings in the fourth quarter. In the three months to the end of June, net profit fell 25% to US$284m, while operating profits slid ...
Tags: corn, corn prices, corn crop
Research in Motion Thursday introduced the BlackBerry 10 Ready Program to help prepare business customers for the launch of the next-generation operating system Jan.30. Participants in the program can get a free BlackBerry 10-based ...
Tags: RIM, BlackBerry 10 smartphone, BlackBerry Enterprise Server 10
PPG Industries’ senior vice president, finance and chief financial officer David B. Navikas will participate in the 2012 Citi Basic Materials Symposium in New York City on Tuesday, Nov. 27, at 9:30 a.m. ET. Navikas will discuss ...
Tags: PPG Industries, PPG CFO, Navikas
WhiteWave Foods has booked a drop in third-quarter earnings as an increase in expenses hit earnings. In the three months to the end of September, WhiteWave, which was spun off from Dean Foods last year, posted a profit of US$26.3m, down ...
Tags: plant-based foods, beverages, coffee creamers, Silk Soymilk
On Monday, December 10, the U.S. Department of Energy will host a 90-minute live webcast on the challenges and opportunities facing users trying to dim LED light sources today. The webcast will review the major types of deployed dimming ...
Tags: energy, LED light source, LEDs, LED controls
On the heels of Modern’s annual pallet usage reader survey and a related webcast, I had an opportunity to talk to Howe Wallace, the CEO of PalletOne. Headquartered in Bartow, Florida, and with over $200 million a year in revenue, ...
Tags: pallet, pallet manufacturer
Heinz reaffirms previously announced Fiscal 2013 full-year sales and profit outlook. Reconciliations of non-GAAP amounts are set forth in the attached financial tables.Results excluding productivity charges in Fiscal 2012 represent the ...
Tags: Heinz, sales, profit, food giant
IDG News Service-Taiwanese PC maker Asus saw major growth in its tablet shipments in the third quarter with the launch of Google's Nexus 7 and projects the shipments will reach at least 10 million units next year. In this year's third ...
Pacers Sports&Entertainment and the Indiana Fever have announced a marquee partnership with athletic retail giant Finish Line that will feature the Finish Line logo on Fever team jerseys beginning in the 2013 season.The Finish Line brand ...
Tags: Pacers Sports, Finish Line, jerseys
IDG News Service-Microsoft's upcoming Windows 8 will mark"the end"of the computer industry's dominant OS due to increasing competition and choice sparked by alternatives,Salesforce.com CEO Marc Benioff predicted Friday. Windows 8 is a ...
Tags: Salesforce, Windows 8, Microsoft