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Byline: Simon Harvey Good Planet Foods, a US-based dairy-free cheese maker, has secured US$12m in funding from a consortium of investors to support its growth. The Series A funding round [...]

USA Technologies (USAT) reported the successful outcome of its recent first virtual UR Summit 2020. According to a media release, this was the result of enthusiastic participation from the company's [...]

Byline: Our Bureau Just (Eat Just, Inc.), a company that applies cutting-edge science and technology to create healthier, more sustainable food products, and Michael Foods, a subsidiary of Post Holdings [...]

Restaurants & Foodservice Distribution Analyst Ivanhoe provides an industry update and outlook on an Analyst/Industry conference call to be held on May 27 at 1:30 [...]

Byline: Simon Harvey Brazilian meat processor Marfrig Global Foods has entered a plant-based joint venture with agri-food business Archer-Daniels-Midland Company (ADM) of the US. The PlantPlus Foods venture 'will combine [...]

JPMorgan analyst John Ivankoe raised the firm's price target on Yum! Brands (YUM) to $91 from $81 and keeps a Neutral rating on the shares. The analyst believes the Restaurants [...]

JPMorgan analyst John Ivankoe raised the firm's price target on Chipotle Mexican Grill (CMG) to $845 from $630 and keeps a Neutral rating on the shares. The analyst believes the [...]

JPMorgan analyst John Ivankoe raised the firm's price target on McDonald's (MCD) to $180 from $172 and keeps an Overweight rating on the shares. The analyst believes the Restaurants and [...]

JUST (Eat JUST, Inc.) and Michael Foods reported a new partnership to bring the plant-based JUST Egg to millions more consumers in the U.S. According to a media release, under [...]

Byline: HBI Staff Many Bengaluru-based restaurateurs are folding up as the lockdown renders their businesses unviable. One in 10 owners have put their eateries up for sale. As per Times [...]

Novi-based Lineage Logistics is expanding its capabilities. The world's largest cold storage provider to the food industry acquired assets of last-mile food distributor Maines Paper & Food Service Inc., Lineage [...]

JUST (Eat JUST) and Michael Foods, reported a new partnership to bring the top-selling, plant-based JUST Egg to millions more consumers in the United States. According to a media release, [...]

POTATO PILE-UP We already have a glut of potatoes due to closure of the foodservice sector... this could be a big problem, which the government needs to watch - Ian [...]

Byline: Kevin White Locked-down Brits have reignited their love affair with the fry-up, with sales of sausages and bacon soaring and the number of cooked breakfasts served at home almost [...]

Byline: Edward Devlin Several major grocery retailers and foodservice operators are exploring new technologies to manage customer flow into stores in preparation for long-term social distancing measures. It is understood [...]

The National Restaurant Association reported the appointment of Tom Bene as the Association's President & Chief Executive Officer (CEO) and CEO of the Educational Foundation, effective June 1. In this [...]

Sales of stilton have fallen by as much as 30% as a result of the coronavirus-driven collapse of foodservice, hospitality and export markets, producers have warned. The six producers permitted [...]

Byline: Kevin White The UK could face a flood of imported potatoes later this year as countries such as the Netherlands and Belgium seek out new markets due to coronavirus-linked [...]

Byline: Austin Keating Primarily located in the Pacific Northwest, producers who specialize in large onions for the food service industry got slammed by a sudden drop in demand following the [...]

Byline: Austin Keating Primarily located in the Pacific Northwest, producers who specialize in large onions for the food service industry got slammed by a sudden drop in demand following the [...]

Byline: Austin Keating Primarily located in the Pacific Northwest, producers who specialize in large onions for the food service industry got slammed by a sudden drop in demand following the [...]

Byline: Austin Keating Primarily located in the Pacific Northwest, producers who specialize in large onions for the food service industry got slammed by a sudden drop in demand following the [...]

Byline: Austin Keating Primarily located in the Pacific Northwest, producers who specialize in large onions for the food service industry got slammed by a sudden drop in demand following the [...]

'Our leadership team has extensive experience effectively managing through volatile input cost markets and changes in consumer behavior, but we have always done so with a fully functioning supply chain [...]

JUST (Eat JUST) and Michael Foods, reported a new partnership to bring the top-selling, plant-based JUST Egg to millions more consumers in the United States. According to a media release, [...]

Byline: Simon Harvey Dawn Meats said its beef patty plant in County Waterford, Ireland, which supplies fast-food chain McDonald's across Europe, will reopen for business on Monday (25 May). The [...]

Infiniti Research has reported the completion of its latest article on how the global food and beverage sector will change post COVID-19. According to a media release, this blog provides [...]

The 'The Impact of Coronavirus on Packaged and Fresh Food' report has been added to ResearchAndMarkets.com's offering. The Coronavirus (COVID-19) pandemic has had a huge impact across packaged and fresh [...]

RBC Capital analyst Irene Nattel lowered the firm's price target on Saputo to C$46 from C$49 and keeps an Outperform rating on the shares. While the company is likely to [...]

The National Restaurant Association reported the appointment of Tom Bene as the Association's President & Chief Executive Officer (CEO) and CEO of the Educational Foundation, effective June 1. In this [...]

Byline: Andy Coyne Canadian frozen potato products giant McCain Foods has suspended plans to expand a US plant because of a drop-off in demand from the foodservice channel during the [...]

Byline: Andy Coyne Just, the US firm which produces plant-based 'egg' products, has partnered with major egg supplier Michael Foods, which is owned by Post Holdings. Under the terms of [...]

Byline: U.S. Meat Export Federation Global demand for U.S. pork and beef has remained very robust in 2020, despite COVID-19 related disruptions in many countries' restaurant and hospitality sectors. According [...]

Byline: Andy Coyne US-based The Bakery Companies has bought a facility from local peer Specialty Bakers for an undisclosed amount. Acquiring the facility in Smyrna, Georgia, will allow it to [...]

Event In April total seasonally adjusted retail sales plunged by 16.4% month on month, the biggest drop in at least half a century, as the coronavirus pandemic dramatically shifted consumer [...]

Infiniti Research has reported the completion of its latest article on how the global food and beverage sector will change post COVID-19. According to a media release, this blog provides [...]

Unitas Wholesale MD Darren Goldney has called for greater financial support for wholesalers set to face a raft of new challenges throughout the phased easing of lockdown and beyond. Goldney [...]

Food redistribution charity FareShare is in advanced talks with most of the major supermarkets and big foodservice companies to provide at least 10 million meals to vulnerable groups from next [...]

Furlough scheme extension only delays day of reckoning for jobs Although a large proportion of the food and drink industry has continued to work towards feeding the nation, the furlough [...]

Voto Latino Foundation, Mission Asset Fund (MAF), and APIAVote have launched the $4 million Immigrant Neighbor Fund - with a $1 million investment by East West Bank - to assist [...]

Byline: Harry Holmes The growing use of 'opaque' Facebook posts to sell excess foodservice stock is leaving consumers in danger, experts have warned. Many restaurant suppliers are still trying to [...]

Voto Latino Foundation, Mission Asset Fund (MAF), and APIAVote have launched the $4 million Immigrant Neighbor Fund - with a $1 million investment by East West Bank - to assist [...]

Byline: Lucy Britner Bidcorp's Asia foodservice business, Angliss Asia, has described a new online business-to-consumer platform in China as a key growth area for the company. Speaking as part of [...]

Piper Sandler analyst Michael Lavery upgraded B&G Foods to Overweight from Neutral with a price target of $28, up from $21. The analyst expects the company's 'strong' sales growth to [...]

TransAct Technologies reported the Company received a loan in the aggregate amount of $2,172,800 pursuant to Paycheck Protection Program administered by the Small Business Administration and established under Division A, [...]

Byline: Divya Panneerselvam and Suresh Kumar Paramasivam The food service industry is a highly dynamic and evolving industry, where the Internet of Things can create real value for businesses that [...]

Reports Q1 revenue $1.28B, consensus $1.28B. Carl H. Lindner III and S. Craig Lindner, AFG's Co-Chief Executive Officers, commented: 'The COVID-19 pandemic has had profound implications across the globe, requiring [...]

Stifel analyst Christopher Growe raised the firm's price target on General Mills to $62 from $58 after the company increased its guidance with a month remaining in the fourth quarter [...]

Byline: Simon Harvey Panapesca, an Italy-based seafood processor, has acquired a 65% stake in Il Faro Quality Fish as the investor-backed business seeks to expand its portfolio into the ready-meals [...]

Byline: Andy Coyne Netherlands-based poultry business Remkes has taken a majority stake in local peer Heijs Food Products for an undisclosed sum. Kweekweg-based Remkes, with 650 employees, provides fresh, frozen [...]