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augustus 29, 2007
Wendy's Reversal
Wendy's International Inc. has gone from being a case study for activist investing to a poster child for waning interest in mergers and acquisitions. Before Wendy's disclosed that billionaire investor Nelson Peltz would gain access to see confidential...
From the archive
augustus 28, 2007
Arby's Owner Gets Access to Wendy's Info
Wendy's International Inc. has agreed to let a major shareholder have access to crucial information about the third-largest hamburger chain so he can decide whether to bid for the company. Billionaire investor Nelson Peltz has said his company, Triarc...
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augustus 27, 2007
Spinner of McDonald's plate (profile of McDonald's CEO Jim Skinner)
Mr Skinner has masterminded a comeback at McDonald's. The global restaurant chain lost customers in the late 1990s and early 2000s as it focused on expansion at the expense of the quality of its food and service.   A fast talker who likes to use his ha...
From the archive
augustus 27, 2007
Boston Market gets new owner, CEO
Boston Market Corp. gained a new president and CEO Monday as private-investment firm Sun Capital Partners Inc completed its acquisition of the restaurant chain from McDonald's Corp. Richard K. "Rick"Arras was named president and CEO of Gol...
From the archive
augustus 24, 2007
Fat remains major baddie for healthy eaters, says Datamonitor
Reducing fat intake continues to be the main priority of consumers looking to improve their diets, according to a new report from market analyst Datamonitor.The new report, Moderation and Avoidance Trends in Food and Drinks: Implications for 'Better-Fo...
From the archive
augustus 24, 2007
Burger King comps increase
Comparable-store sales for Burger King Holdings Inc. rose 3.4 percent for the 2007 fiscal year ended June 30. The company reported worldwide comparable sales increased 4.4 percent for the fourth quarter, making it the 14th consecutive quarter of posit...
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augustus 23, 2007
National Starch is set to be sold
Leading food starch firm National Starch could be up for a change in ownership, following news of a possible takeover of its parent company Imperial Chemical Industries (ICI).Great Britain-based ICI, which is active in the coatings, adhesives, starch ...
From the archive
augustus 22, 2007
ADM streamlines Merchandising, Marketing
Agricultural processor Archer Daniels Midland Co. (ADM) said Wednesday that it has offered buyouts to about 40 managers as it reorganizes its operations. Most are members of upper management. The Decatur-based company is creating a single operations gr...
From the archive
augustus 22, 2007
Big Mac creator says middle bread slice made burger a success
Jim Delligatti took two years to convince McDonald's that the Big Mac was a good idea but 40 years on he takes pride in having invented one of the world's most widely eaten foods that is getting its own museum. In 1967, the McDonald's franchisee got ...
From the archive
augustus 22, 2007
Cargill Reports Earnings Up Sharply in 4th Quarter
Cargill said Tuesday its fourth-quarter earnings rose sharply on strong results in its financial and ingredient sectors and lower tax bill.Cargill earned $628 million during the quarter ending May 31, up 75 percent from $358 million earned a year ago.
From the archive
augustus 20, 2007
Hardee's(R) Launches New Natural Cut French Fries
After a three-year search -- and an extensive amount of testing and consumer research -- the perfect French fries to complement Hardee's Angus-beef Thickburgers have been found. Beginning today, guests who order a combo meal or a side of fries will be...
From the archive
Snacks That Pass the Test
augustus 20, 2007
Snacks That Pass the Test
The Washington Post had 16 snacks judged for suitability as a school snack by twenty-nine 3rd and 4th graders. The taste test included 16 snacks that contained about 100 calories per serving -- an amount that nutrition experts say is appropriate for ...
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augustus 20, 2007
McDonald's Angus Third Pounders Moves into New Markets
McDonald's customers have shown strong support for the new Angus Third Pounders that debuted in Southern California last March. Positive customer feedback has prompted McDonald's marketing co-ops in New York and Central Ohio to introduce the newest lin...
From the archive
augustus 15, 2007
Heinz Chairman Details Successes and Growth Strategies at Annual Shareholders Meeting
At today's annual shareholders meeting of the H. J. Heinz Company (NYSE:HNZ - News), Heinz Chairman, President and Chief Executive Officer William R. Johnson called Fiscal 2007 an "excellent year with strong operating and financial results across ...
From the archive
augustus 13, 2007
Wendy's sells Café Express
Wendy’s International Inc. quietly sold its 18-unit Café Express fast-casual chain at the end of July, according to a securities filing by the company. The No. 3 burger brand sold Baja Fresh Mexican Grill during the fourth quarter of 2006 and Tim Hort...
From the archive
augustus 10, 2007
Trade Commission subpoenaed Food and Drink companies over marketing to kids
The U.S. Federal Trade Commission issued subpoenas to 44 food and beverage companies including Coca-Cola Co., McDonald's Corp. and Procter &Gamble Co., seeking information on how they market to children. The companies have 90 days to respond to th...
From the archive
augustus 09, 2007
American Frozen Food Institute joins 'Coalition for a stronger FDA'
The American Frozen Food Institute (AFFI) today announced it has joined the Coalition for a Stronger FDA in its efforts to build public support and increase much-needed funding for the U.S. Food and Drug Administration (FDA). The Coalition for a Strong...
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augustus 07, 2007
Study says ads trick children's taste buds
Anything made by McDonald's tastes better, preschoolers said in a study that powerfully demonstrates how advertising can trick the taste buds of young children. The study had youngsters sample identical McDonald's foods in name-brand and unmarked wrapp...
From the archive

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