Food news

• Food industry quotes of the week - Mondelez under microscope, Arla jobs axe, Hellmann's goes egg-free

  04-02-2016 17:58
  Mondelez International this week announced its annual results, while setting forecasts for 2016 and a new target for 2018 margins. The snacks giant's shares subsequently tumbled. Arla Foods, meanwhile, set out plans to cut 500 jobs as part of a drive to double its organic sales growth. And Unilever made a if-you-can't-beat-'em-join-'em move with the launch of an egg-free mayo in the US.
  
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• VertsKebap Hires Red Bull Exec to Head Marketing

  04-02-2016 17:02
  Image Caption: Image Credit: VertsKebap hires Keith Peterson as director of marketing.Exclusive Brief: 0VertsKebap, a fast-casual Mediterranean restaurant chain, announced that Keith Peterson has joined the company as director of marketing.
  In the newly created position, Peterson will focus primarily on building the VertsKebap brand and leading marketing programming to scale the company from 28 to 150 national locations by 2020.Chains: VertsKebap
  
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• Nestle to acquire remaining stake in Israel's Osem Investments

  04-02-2016 16:59
  Nestle has confirmed plans to acquire the remaining shares in Israeli food firm Osem Investments in a deal worth ILS3.3bn (US$840.5m).
  
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• Coffee Vets Bring The Pie Hole to Orange County

  04-02-2016 16:48
  Image Caption: Image Credit: The Pie Hole signs franchisee deal for three units in Orange County.Exclusive Brief: 0The Pie Hole, the Los Angeles–based American pie and coffee shop, will bring its classic made-from-scratch, sweet and savory pies to Old Towne Orange by April.  The Pie Hole has been featured on The Cooking Channel show “Unique Eats” and Condé Naste Traveler included the Maple Custard Pie in its “Top 12 Best Pies in America.”
  
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• Original Brooklyn Water Bagel Celebrates Bagel Day

  04-02-2016 16:43
  Image Caption: Image Credit: Original Brooklyn Water Bagel celebrates National Bagel Day. Exclusive Brief: 0The Original Brooklyn Water Bagel Co. is baking up an offer in celebration of National Bagel Day Tuesday, February 9. On this special day, the restaurant is thanking its guests for their patronage by providing a free Egg and Cheese Bagel Pocket with the purchase of any bagel pocket menu item. This offer is limited to one buy-one-get-one-free order per customer and will last
  
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• Dunkin' to Open Five New Units in Big Easy

  04-02-2016 16:17
  Image Caption: Image Credit: Dunkin' Donuts inks deal for five new stores in New Orleans.Exclusive Brief: 0Dunkin' Donuts, America's all-day, everyday stop for coffee and baked goods, announced the signing of a multiunit store development agreement with existing franchise group, Panama City Donuts LLC, to develop five new restaurants in New Orleans. The first restaurant under the agreement is planned to open in 2017.Chains: Dunkin' Donuts
  
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• Mondelez International's 2015 results and outlook for 2016 - 7 things to learn

  04-02-2016 16:13
  Mondelez International's shares took a tumble yesterday on the back of its 2015 numbers and its forecasts for 2016 - and were down again today. Chairman and CEO Irene Rosenfeld called the last 12 months "a year of very strong results" and, although conceding volumes would again be under pressure, forecast further improvement in profitability. What should we take away from the figures and from its outlook for the months ahead? Dean Best investigates.
  
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• New Dickey's Franchise Deal is a Family Affair

  04-02-2016 16:08
  Image Caption: Image Credit: New Dickey's franchisee will open six Nevada units, two in California.Exclusive Brief: 0Dickey’s Barbecue Pit executed a new development agreement for eight stores, with six to open in Nevada and two in Southern California. Originally from Montana, owner-operator Doug Dubin intends his investment to be a family business. His family has three generations of restaurant experience, and the fact that Dickey’s is still owned and operated by its
  
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• Bojangles' Takes Road Trip to Support the Panthers

  04-02-2016 15:24
  Image Caption: Colby Anderson (left) and Cliff Cermak are slated to reach California Thursday evening, just in time to rally Panthers fans and players.Bojangles' employees take cross-country drive to support Panthers.Exclusive Brief: 1Every Friday during football season, Charlotte, North Carolina–based Bojangles’ feeds another neighboring enterprise, the Carolina Panthers. When the Southeast team headed westward to take on the Denver Broncos for Sunday’s Super Bowl ga
  
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• Tamper-evident bander

  04-02-2016 15:00
  
  Designed for jarred foods, dairy and energy drinks, teas, juices and water, the PDC R-600 single-headed, inline, tamper-evident shrink bander applies heat-shrinkable neck bands to container closures at speeds from 400 to 1,000+ cpm; it applies 1- to 3.75-in. diameter neck bands at heights up to 2.375 in.
  
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• Horizontal processing tank

  04-02-2016 15:00
  
  The DCI VARO horizontal processing tank features an agitator coil design that increases the heating and cooling surface.
  
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• Americana majority shareholder to sell to Dubai-based investors Adeptio

  04-02-2016 14:53
  Kuwait Food Co. has reached an agreement to sell a 69% stake in the business to a Dubai-based investor group, Adeptio, led by Emaar Properties chairman Mohamed Alabbar.
  
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• As Good as Gold

  04-02-2016 14:16
  In the foodservice world, most multiunit franchise companies are content with filling out their portfolio with a suite of franchised brands. Fast-casual industry taking off? Sign on with one of the hot new upstarts. Need a pizza concept to complement your offerings? There are dozens of options available.
  
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• Spherical valve

  04-02-2016 14:00
  
  Made from FDA-compliant materials, the Roto-Clean sanitary spherical valve comes with 2- to 12-in. inlet ports.
  
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• Seafood system

  04-02-2016 14:00
  
  The Dynamic SIMBA 2016 seafood system allows tracking to geographic area and boat, as well as through reboxing and processing.
  
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• Sanitary conveyor

  04-02-2016 14:00
  
  The MPE Chain-Vey sanitary tubular drag conveyor conveys allergenic food products without cross-contamination risks; a fully enclosed design protects food products from the surrounding environment.
  
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• Pulse huller

  04-02-2016 14:00
  
  The Bühler PULSROLL pulse huller removes the hull from multiple pulses on one machine.
  
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• Film coating

  04-02-2016 14:00
  
  SurfTech 3012 nanotechnology thin film coating is FDA approved for food contact substances.
  
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• Courting the Mysterious Millennial

  04-02-2016 12:59
  When it comes to creating loyalty among Millennial consumers, the right approach is something of a mystery for many operators. After all, the 18–34-year-old population in America is hugely diverse with a variety of views, lifestyles, and consumer tastes.
  Nevertheless, experts say brands can embrace certain generalizations of Millennial values to foster deeper loyalty, including their desire to connect digitally; their support for nonprofits, local businesses, and charitable causes; and the
  
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• Amid an Uncertain Year, Burgers Prevail

  04-02-2016 12:48
  With the exception of the burger segment, the strong gains of early 2015 ebbed in the second half of the year.Image Credit: thinkstockTeaser Image Orientation: LeftDiners visiting many Chipotle Mexican Grill locations in recent months probably noticed that ordering lines—which used to snake out the door—were now shorter and that normally crowded parking lots had empty spots.
  It didn't take a business savant to realize that the fast-casual leader’s sales would be down
  
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• Bonduelle sells UCR stake to Ardo 

  04-02-2016 09:25
  
  French vegetable group Bonduelle is selling its 50% stake in Spanish vegetable group Ultracongelados de la Ribera (UCR) to its joint venture partner Ardo Group. 
  
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• Egyptian dairy Domty 'plans March listing'

  04-02-2016 09:15
  Egyptian dairy firm Domty is reportedly planning to list on the Cairo Stock exchange in March.
  
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• Bonduelle reports accelerating sales growth

  04-02-2016 09:14
  Bonduelle, the French vegetable processor, said today (4 February) its sales accelerated in the second quarter of its financial year thanks to a step-up in international growth. 
  
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• Emmi sales slide in 2015 as Switzerland weighs 

  04-02-2016 08:58
  Emmi booked a drop in 2015 sales this morning (4 February) as a weaker performance from its domestic business offset a more robust international showing. 
  
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