The reinvention continues for the freshly renamed Conagra Brands, Inc., which posted declining sales and profit in the recent quarter driven by reduced discounting that led to lower volumes. The Chicago-based company, which in November completed the spin-off of its Lamb Weston business, is pursuing “value over volume,” said Sean Connolly, president and chief executive officer…READ MORE
KEEP READINGHershey has named 11-year veteran Michele Buck to serve as the chocolate maker’s next president and CEO, an appointment that comes at a time when Big Food manufacturers find themselves challenged by smaller startup rivals…READ MORE
KEEP READINGHawaii Adda, the brainchild of a local entrepreneur, was due for take off last year but ran into trouble over getting fire safety no-objection certificates…READ MORE
KEEP READINGDietitians have been asked what they think the next big trends in food and beverage will be: and they suggest that tea – in various formats – will be a hot commodity for 2017…READ MORE
KEEP READINGMaking vadapav a brand, as Iyer puts it, was the intent behind Goli and has now grown to over 300 stores spanning 100 cities across 22 states since 2004…READ MORE
KEEP READINGFormer BCCI chairman and Vice-Chairman and MD of India Cements N Srinivasan has resigned from the board of Vijay Mallya’s United Breweries (Holding) Ltd…READ MORE
KEEP READINGHershey, that ended its partnership with Godrej nearly four years ago, had annual revenues of about Rs 400 crore, and competes with Mondelez and Nestle in the confectionery segment…READ MORE
KEEP READINGThe maker of Dettol soap and Lizol is split into two entities in India – RB India Ltd and RB Healthcare under which all Paras brands are integrated. Both firms of the UK giant posted combined sales of Rs 5,606 crore during FY15-16, compared to Rs 4,929 crore a year ago. The performance is a turnaround for RB, which posted 6% growth in FY15…READ MORE
KEEP READINGFuture Market Insights Report examines, global foodservice equipment market for the forecast period 2016–2024. The prime purpose of the report is to find opportunities and trends in the market and provide insights pertaining to segments of the global foodservice equipment market…READ MORE
KEEP READINGA lot can happen over coffee, but a lot more can happen over a cuppa and a book. For bookworm-foodies, there probably has never been a better time in the city as a number of cafes have opened up in the last few years to cater to this special breed…READ MORE
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