Potato News from Northern America

August 08, 2007
P&G more likely to spin off Duracell than sell; Braun, Folgers, Snacks, unlikely disposals in near term
Among P&G’s most likely candidates for disposal;Duracell, Braun, Folgers coffee and Pringles potato chips, Duracell is the most likely to go in the near future, according to three industry bankers. P&G is unlikely to dispose of Folgers coffee o...
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August 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...
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August 07, 2007
Lil' Romeo Purchases Rap Snacks Brand Of Chips
Romeo Miller is following in the entrepreneurial footsteps of his father Percy "Master P."Miller, as the 18-year-old rapper/actor recently purchased Rap Snacks Inc., a popular potato chip brand. The younger Miller purchased the corporation f...
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August 07, 2007
Pringles(R) to Debut New Snack - PRINGLES STIX - Through an Exclusive Tour of Seven Southeastern U.S. Cities
Pringles will hit the road on August 20 to seven cities in the Southeast to exclusively introduce its latest crispy cracker stick snack - PRINGLES STIX - in advance of the product's national rollout in Spring 2008. Consumers will be able to sample the ...
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August 06, 2007
McDonald's Agrees to Sell Boston Market
McDonald's Corp. said Monday it agreed to sell its meat-and-potatoes Boston Market restaurant chain to private equity firm Sun Capital Partners for an undisclosed sum. "This is consistent with our successful strategy to focus on brand McDonald's (...
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August 06, 2007
Herr's low fat Kettle chips big success
The potato chips made by the Herr family of Nottingham, Pa., are as much a part of the Philadelphia palate as hoagies, cheesesteaks and scrapple. The current face of the company is Ed Herr, who has become a local celebrity through the television commer...
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August 04, 2007
McDonald's tall order: reduce mistakes
McDonald's Corp. is testing a cash register aimed at cutting down the number of wrong orders, a problem that puts it near the back of the pack in rankings of fast-food drive-thrus. The register, now in 10,000 of McDonald's 32,000 restaurants, has a tou...
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August 04, 2007
P&G profit jumps 19 percent;stock buyback accelerated
Procter &Gamble Co., boosted by strong sales of new Gillette shavers and by new products in longtime brands such as Tide and Crest, reported profits for its fourth quarter and the full year each rose 19 percent. P&G also announced plans to step...
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August 03, 2007
Food Processing Machinery Market predicted to reach US$43B by 2010
According to a new Report By Global Industry Analysts, Inc. the Food processing Machinery Market will reach US$ 43 billion in 2010. Asia Pacific is the largest market worldwide, worth an estimated US$ 12.2 billion in 2007. Europe is the second largest ...
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August 02, 2007
Lance Reports 5 Percent Net Revenue Gain In Second Quarter
Lance, Inc. reported net revenue from continuing operations for the second quarter ended June 30, 2007 of $197.0 million, an increase of 5 percent compared with prior year second quarter net revenue from continuing operations of $188.3 million. The com...
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August 02, 2007
Farmers Say There Are Too Many Idaho Potatoes
More Idaho potatoes will be harvested this fall than ever before.  Projections show there will be two hundred million more pounds this year than last year. But, that extra crop could put some of our farmers in financial trouble. Too many potatoes could...
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August 02, 2007
Burger King and Wendy's Fries Flunk Trans Fat Test in New York City
Though New York City now requires restaurants to use trans-fat-free frying oils, Burger King and Wendy’s are still serving New Yorkers French fries with more trans fat than is safe to consume in an entire day, according to new test results. McDonald’s...
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July 31, 2007
Inventure Group, Burger King form potato chip alliance
Burger King (NYSE: BKC) has signed a license agreement with The Inventure Group (NASDAQ: SNAK) to develop a line of branded Burger King snacks. The Inventure Group makes the Poore Brothers brand of potato chips, among others. The snacks will launch in...
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July 31, 2007
Wendy's shares up on hopes of near-term sale
Shares of Wendy's International Inc. (WEN.N: Quote, Profile, Research) rose 4.7 percent on Tuesday, a day after billionaire investor Nelson Peltz said his restaurant company, Triarc Cos. Inc. (TRY.N: Quote, Profile, Research), could offer up to $41 a s...
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July 30, 2007
Key ingredients of McDonald's success
It's part of the American landscape and a global icon and it has been 50 years in the making. McDonald's attracts 15 million customers a day, and has 31,000 stores in over 118 countries. So, how did McDonald's get this big and how profitable can a fran...
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July 27, 2007
Burger King asks: Would you like chips with that?
Burger King (BKC) will let potato-chip fans have it their way this fall with snacks in Ketchup &Fries and Flame-Broiled burger flavors.To get more exposure, the fast-food chain has licensed its brand for a line of chips to Inventure Group (SNAK). T...
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July 27, 2007
McDonald's Sets Wake-Up Call For Breakfast Rush
McDonald's Corp. wants all its U.S. restaurants to open by 5 a.m., up from 75% today, as Americans increasingly buy breakfast earlier, part of a broader plan to increase average annual sales at McDonald's outlets by $400,000, to an average of about $2....
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Potatoes in the market
July 26, 2007
RD Offutt, United II Potato Growers of Idaho and Idahoan Foods join forces
RD Offutt Company and United II Potato Growers of Idaho, Inc. announce the formation of North American Foods, LLC. The new company, resulting from the contribution of certain assets of the companies unites the industry’s top talent from field to shelf...
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