Things are far from hot in American kitchens these days. According to a recent study from The NPD Group, many consumers have been eating at home to save money and are opting to microwave meals rather than cook.
Despite a better-than-expected 18 percent third-quarter profit gain of $436 million vs. $369 million a year ago, Target Corp.’s forecast of a trying holiday season on the heels of tepid early-November results sent its share price down over 5 percent.
U.K. meatless protein brand Quorn’s latest item is the Turk’y Burger, which offers just 90 calories per serving and half the fat of a comparable turkey product.
In response to attendee and exhibitor requests — and also to the difficult economy — international food and drinks exhibition Alimentaria 2010 will be held March 22 to March 26, 2010, in a single location: Fira de Barcelona’s Gran Vía venue.
Regional independent grocer United Supermarkets, LLC plans to launch the NuVal nutritional scoring system in six of its Market Street stores in the Dallas/Fort Worth area in March 2010, with the program expanding to all 50 of its stores later next year.
Women ages 20 to 30 represent a $54 billion marketing opportunity for packaged goods companies, but their needs and values are vastly different from the generation before them, a new report from Information Resources, Inc. (IRI) has found.
Online grocer FreshDirect has kicked off a “Thanksgiving Feast Giveaway,” which enables one in every 100 customers ordering a complete chef-prepared Thanksgiving dinner to win the holiday meal at no charge.
