News on Food Trends from the Americas

November 21, 2007
Irving brothers look to break up empire
The legendary Irving family is moving to break up its $6-billion business empire as it struggles to accommodate the demands of new generations, thus ending a 125-year-old Canadian dynasty. Sources familiar with the sprawling family conglomerate say t...
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November 19, 2007
McDonald's abrira una nueva linea de cafeteria
La cadena norteamericana de comidas rápidas McDonald's anunció hoy el lanzamiento de una nueva línea de cafetería, que promete ofrecer fuerte competencia a la macro-cadena Starbucks. "Queremos avanzar desde un lugar donde se ofrecía cafetería co...
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November 16, 2007
Jack in the Box reports record 2007 profit
Same-store sales at Jack in the Box company restaurants increased 5.2 percent in the fourth quarter compared to a 5.9 percent increase during the same time last year. For the year, same-store sales at Jack in the Box company restaurants increased 6.1 p...
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November 16, 2007
Arby's Restaurant ratings on negative watch after bid for Wendy's - S&P
Standard &Poor's Ratings Services signalled it may lower its ratings on Arby's Restaurant Group Inc on news that Triarc Companies Inc, of which Arby's is a wholly owned unit, has bid to buy all outstanding stock of Wendy's International Inc.'Althou...
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Franchisees not lovin' McDonald's move into specialty coffee
November 16, 2007
Franchisees not lovin' McDonald's move into specialty coffee
After the success of its upgraded drip coffee -- which even managed to snag a thumbs-up from testers at Consumer Reports earlier this year -- McDonald's is gearing up for a massive expansion into the world of lattes."We want to move from beverage...
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ARS develops extrusion method for tasty lentil snacks
November 15, 2007
ARS develops extrusion method for tasty lentil snacks
Researchers from the US Agricultural Research Service (ARS) claim to have stabilised a process of using extrusion technology to make healthy and tasty snacks out of legumes.
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November 15, 2007
Frito-lay plans eco-friendly chips factory in Casa Grande
Frito-Lay is embarking on an ambitious plan to change the way its Casa Grande factory operates, and in the process, create a new type of snack: the environmentally benign chip. Goal is to take the Casa Grande plant off the power grid, or nearly so, a...
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November 14, 2007
PepsiCo on track for full-year earnings outlook
PepsiCo Inc said on Wednesday it is on track to meet its full-year earnings forecast, less than 10 days after it announced it would reorganize itself into three business units.
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November 13, 2007
McDonald's vendera mas restaurantes a franquicias
McDonald's Corp, la mayor cadena de comida rápida del mundo, anunció el martes que planea vender a franquicias hasta un 21 por ciento de sus restaurantes durante los próximos tres años o más.
From the archive
November 13, 2007
Nelson Peltz places bid for Wendy's
Billionaire investor Nelson Peltz submitted an offer to buy Wendy's International Inc., but the proposed price is below what he previously said the third-largest U.S. hamburger chain is worth, according to a regulatory filing Tuesday. The filing did n...
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November 13, 2007
Orville Redenbacher's(R) SmartPop!(R), Now With 30% Less Sodium
More than 90 percent of Americans surveyed are quick to identify high blood pressure as one of their biggest health concerns related to sodium intake. However, according to a recent survey conducted by Orville Redenbacher's(R) Gourmet(R) Popping Corn(1...
From the archive
November 13, 2007
Foley-Led Group Decides not to submit bid for Wendy's
A group led by William Foley, chairman of Fidelity National Financial Inc., has decided not to submit a bid for Wendy's International Inc., according to a person familiar with the situation.Bids for the hamburger chain were due at 5 p.m. Eastern time y...
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November 13, 2007
McDonald's to sell more restaurants to franchisees
McDonald's Corp , the world's largest fast-food chain, said on Tuesday it would sell up to 21 percent of its company-owned restaurants to franchisees over the next three years. The announcement comes as McDonald's has been working to reduce its restaur...
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November 10, 2007
Are french fries in the US QSR chains now trans fat free?
The check. For each of the chains, we bought and analyzed fries from five to nine restaurants in five states.CR's take. In our sampling, Wendy's still missed its mark. So did Burger King. McDonald's fries claim a high 8 g for most locations and 0 g fo...
From the archive
November 10, 2007
New Ice begins manufacturing of potato starch based compostable container
New Ice yesterday announced that it would begin manufacturing a new class potato-starch based compostable containers for dry, damp or wet foods.The announcement yesterday follows grants of patents for the process in the US and Europe. The patents discl...
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November 10, 2007
McDonald's same-store sales jump in October
McDonald's Corp. said Thursday that comparable sales jumped by 6.9% during October, fueled by strong growth in Asia-Pacific, the Middle East and Africa.McDonald's also reported overall sales growth of 14.2% during the month. Again, Asia-Pacific, the Mi...
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November 09, 2007
McDonald's, Pepsi not trying to make kids fat
When you think of childhood obesity, McDonald's and Pepsi want you to think of them -- but probably not in the way you think. Representatives from the fast-food and soft-drink conglomerates attended a international conference aimed at fighting childho...
From the archive
November 09, 2007
Ganancia trimestral de Burger King sube 23% pero acciones caen
Burger King Holdings Inc. informó el lunes que las ganancias de su primer trimestre fiscal subieron 23%, pero el precio de las acciones de la segunda mayor cadena de restaurantes de hamburguesas del mundo bajaban más de 6% luego de que tres grandes acc...
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